London — World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on US inflation was set to refine the odds of an early cut in interest rates there.

Europe's main markets followed Asia by declining early on. London's FTSE, the DAX 30 in Frankfurt and CAC 40 in Paris were down 0.2% to 0.4% respectively, as traders trimmed some of June's 4% gains...

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