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World stocks weak as China PMI data, Spain weigh
LONDON (Reuters) - Weak Chinese data and worries about Spain's banking sector drove the euro to two-year lows against the dollar and safe-haven German Bund futures towards record highs on Friday. European stock futures steadied at the open after falling towards their lowest levels this year on Thursday. Weighing on the global demand outlook, China's official purchasing managers' index fell to 50.4
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