European stocks seen cautiously higher ahead of critical EU summit

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European stocks seen cautiously higher ahead of critical EU summit
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European stocks were expected to open cautiously higher Tuesday as investors look ahead to a critical meeting between U.K. and European Union leaders, which will likely decide the fate of Brexit.

A deal to ensure a smooth transition out of the EU for Britain on October 31 was balanced on a knife edge Monday, with several British news outlets reporting that EU diplomats wanted more concessions from Prime Minister Boris Johnson.before putting pen to paper on the first phase of a partial trade deal with the U.S., reportedly requesting a halt to further tariffs from Washington scheduled for December.without a deal in place between the world's two largest economies.

on-year in September following an outbreak of African swine fever. Overall CPI inflation climbed around 3% on-year while the producer price index fell by 1.2%.

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