LIVE MARKETS-BoE rate cut lifts futures

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London.

BOE RATE CUT LIFTS FUTURES (0715 GMT)

European futures were struggling to find a trend at 0700 GMT and at first, the BoE emergency rate cut didn't seem to help.

It took a few minutes but traders have finally made up their minds: its a good thing and FTSE futures are now up over 1% and the rest of Europe seems on an upward trend.

(Julien Ponthus)

*****

MORNING CALL: EUROPE'S ELUSIVE REBOUND (0633 GMT)

Will European stocks miss out on the rebound again?

It's likely by the look of futures this morning which are just slightly up.

Bourses on the old continent closed in the red yesterday only to see Wall Street bounce back overnight.

But growing scepticism about Washington's stimulus package to fight the coronavirus outbreak knocked the steam out of the rally before it could cross the pound.

Asian stock markets closed in the red and U.S. futures are now trading over 2% down.

On the bright side (so to speak), oil prices climbed for a second day which might ease sentiment a tad.

(Julien Ponthus)

*****

(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)