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 STOCKS SEEN LOWER (0642 GMT)
Bourses in Europe are expected to open slightly lower imitating Asian markets as investors
are growing increasingly worried about the economic impact of China's spreading virus outbreak.
Last week, investors took some relief when the World Health Organisation said the
coronavirus outbreak was an emergency in China but not yet a global one. But they are now
getting more anxious as more cases add on.
Back in Europe, investors will have a week long of political events to digest: Yesterday,
Italy's right-wing leader Matteo Salvini failed in his effort to overturn decades of leftist
rule in Emilia-Romagna, one of Italy's richest regions, home for Ferrari luxury cars.
Later this week, Britain is due to leave the EU and said it will set out more details about
its objectives for a free trade deal with the European Union after the country leaves the bloc
on Friday.
Taking all into consideration, financial spreadbetters at IG expect London's FTSE to open 75
points lower at 7,585, Frankfurt's DAX to open 164 points lower at 13,576 and Paris' CAC to open
75 points lower at 6,028.
(Joice Alves)
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(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)