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European Stocks Called Modestly Higher Amid Cautious Global Trading

European stocks are expected to open modestly higher Friday after a pullback for both Asia stocks and the dollar as investors question both the pace of rate hikes from the U.S. Federal Reserve and tax and spending plans from President Donald Trump.

Financial bookmakers are calling each of the three European benchmarks to open between 1 and 5 points higher at the start of trading after seeing declines of around 0.4% in Thursday trading.

Overnight in Asia, a...