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European Stocks Called Lower: Currencies in Focus Ahead of U.K. Inflation Data

European stocks are expected to open lower Tuesday following a weaker session on Wall Street that was marred by concerns over the failure of Senator Mitch McConnell's healthcare reform bill.

Britain's FTSE is set to slide around 0.33% at the opening bell, according to financial bookmakers IG, with similar but more modest declines anticipated for markets in Germany and France.

Currency markets will likely be in focus this morning with the pound trading at a 10-month high of 1.3093 against the U.S. dollar ahead of the Office for National Statistics' reading of...