European stocks are seen lower Friday as investors monitor trade war developments and a possible collapse of the Italian government.
Italy's coalition government imploded on Thursday, as deputy prime minister and leader of Italy's ruling League party, Matteo Salvini, declared the arrangement unworkable and called for fresh general elections.
China's currency remains in focus as the People's Bank of China again set the daily yuan midpoint weaker than the key barometer of 7 per dollar.
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