European stocks are set to open lower on Wednesday, after weak U.S. manufacturing activity stoked worries over the world's largest economy.
, aggravating worries about a long-running trade dispute between Washington and Beijing.
High-level trade officials from the U.S. and China are expected to hold a fresh round of negotiations next week. The world's two largest economies have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
Back in Europe, British Prime Minister Boris Johnson is expected to unveil his final Brexit offer to theThe Conservative party leader has already warned Brussels that if EU leaders fail to engage with his proposal, the world's fifth-largest economy will not negotiate further and will leave without a deal on October 31.
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