European shares fall as trade worries, German politics bite

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LONDON, July 2 (Reuters) – European shares opened lower on Monday as on-going worries about the U.S. trade policies and concerns about German Chancellor Angela Merkel’s coalition weighed on sentiment.

The pan-European STOXX 600 was down about 1.2 percent by 0730 GMT in line with Germany’s trade-sensitive DAX.

In London, the FTSE 100 was down 1.1 percent and British gambling technology company Playtech posted the worst performance, losing over 20…

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