Welcome to the home for real-time coverage of European equity markets brought to you by Reuters
stocks reporters and anchored today by Joice Alves. Reach her on Messenger to share your
thoughts on market moves: joice.alves.thomsonreuters.com@reuters.net
EUROPEAN BOURSES SEEN HIGHER ON TRADE HOPES (0756 GMT)
Stock futures point to a slightly higher open for European bourses on hopes that China and
the U.S. are nearing a trade deal.
The pan European index STOXX 600 had three positive sessions since Friday on
reports that negotiations between Washington and Beijing are progressing with Trump saying that
the two countries are close to inking a deal.
On the corporate front, this week is calm after the storm with very few earnings updates
compared to the super busy past few weeks.
Despite a slowdown in the U.S. vaping market, British American Tobacco raised its
full-year revenue forecast today.
Not so well for pub operator Marston's, which cut its annual profit today, hurt by
lower food sales, rising costs and sluggish consumer spending.
Here are some other corporate headlines:
HSBC private banking sees double-digit asset, revenue growth on Asia boost
Epiroc appoints Helena Hedblom new CEO
GUESS WHAT? IT'S ALL ABOUT CHINA-US TRADE TALKS(0635 GMT)
European bourses are expected to extend gains as the U.S. and China trade talks seem to
progress after Donald Trump said yesterday that negotiators were close to inking an initial
deal.
Asian shares rose on hopes that the two countries will seal a deal ending months of trade
war.
The positive mood also pushed Wall Street indexes to fresh record closing highs yesterday,
and expectations the Federal Reserve will keep rates low underpinned sentiment.
Financial spreadbetters at IG expect London's FTSE to open 12 points higher at 7,415,
Frankfurt's DAX to open 30 points higher at 13,266 and Paris' CAC to open 14 points higher at
5,944.
(Joice Alves)
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(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)
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