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Stocks Slip, Yen Gains on Trump Trade War, China Deflationary Pressure

European stocks fell to their lowest levels in nearly a month as deflationary pressures in China compounded concerns over a sluggish U.S. economy and heightened global trade tensions. The decline reflects investor hesitance amid uncertainty surrounding upcoming policy decisions in both Europe and the U.S., with potential implications for economic growth. As China grapples with the sharpest consumer price decline in over a year, the yen has strengthened, illustrating shifting market sentiments in response to geopolitical and economic developments.

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