LIVE MARKETS-Morning call: erring on the side of caution

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MORNING CALL: ERRING ON THE SIDE OF CAUTION (0633 GMT)

European futures are trading slightly in the red (-0.2%)
this morning, very much like their U.S. peers as Asian shares
close the day retreating from a record peak.

Among the factors putting pressure on equities, a Reuters
report on possible new U.S. sanctions on China and oil prices
falling on surging virus cases.

In Europe, post-Brexit trade talks are yet again at the top
of the news agenda with Britain and the European Union making a
last-ditch attempt to strike a deal and avert a chaotic parting
of ways at the end of the year.

Futures for London's FTSE are trading slightly in the black
(+0.15%) but that's also due to the fact that the pound is on
the backfoot this morning.

On the bright side Britain begins its vaccine programme this
week.

(Julien Ponthus)

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