LIVE MARKETS-Corporate news in focus: Inditex, WPP, Glencore

June 13 - Welcome to the home for real-time coverage of European equity markets brought to

you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to

share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net

CORPORATE NEWS IN FOCUS: INDITEX (Amsterdam: IT6.AS - news) , WPP (Frankfurt: A1J2BZ - news) , GLENCORE (Amsterdam: GX8.AS - news) (0616 GMT)

Futures have opened modestly higher apart from the FTSE 100 whose futures are down 0.2

percent. It's a relatively busy day on the corporate front with results from Zara owner Inditex,

a fraught WPP shareholder meeting ahead and Glencore (Frankfurt: 8GC.F - news) 's subsidiary Katanga Mining resolving a

dispute with the DRC (Shenzhen: 000530.SZ - news) state miner Gecamines.

Here's what to keep an eye on:

Inditex Q1 gross margin improves despite strong euro

Sorrell's downfall set to dominate WPP investor meeting

Credit Suisse (IOB: 0QP5.IL - news) to get $385 mln in Lehman bankruptcy claim

Societe Generale (Swiss: 519928.SW - news) puts Polish unit up for sale -sources

Glencore unit Katanga settles DRC Congo dispute, shares surge

British lawmakers to question Sainsbury (Amsterdam: SJ6.AS - news) 's and Asda CEOs over deal

WTO chief warns of global downturn if trade dispute escalates

France's Suez (LSE: 0NRV.L - news) launches hazardous waste treatment plant JV in China

Renault (LSE: 0NQF.L - news) -Nissan-Mitsubishi (LSE: 7035.L - news) alliance says on track for cost savings goal

(Helen Reid)

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CENTRAL BANKS, INFLATION FIGURES AND POLITICS IN FOCUS (0554 GMT)

The Fed's rate rise should cause little volatility in markets as it's been widely flagged,

but investors could be more moved by euro area industrial production figures, CPI data due from

the UK, and Brexit developments.

"In the UK, inflation data, where we see scope for a fourth successive downside surprise,

and politics will be the drivers," Societe Generale analysts write.

The British parliament enters its second day of debate and voting on amendments to the EU

withdrawal bill today, with investors hoping for more clarity on which amendments the House of

Commons will accept.

"With (Other OTC: WWTH - news) the amendments typically tying the UK closer to the EU the more that are adopted, then

the softer Brexit could look," write SocGen (Paris: FR0000130809 - news) analysts.

Here's our look ahead at what's at stake in the debate:

And our summary of yesterday's action: UPDATE 8-Britain's May defuses revolt in parliament

over Brexit plans

(Helen Reid)

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EUROPEAN STOCKS TO STALL AS INVESTORS HOLD BREATH AHEAD OF FED, ECB (0535 GMT)

Europe's major benchmarks are set for a mixed open with investors likely to hold off trading

ahead of an FOMC meeting and the European Central Bank's meeting tomorrow.

The Fed is widely expected to raise rates for the second time this year, so what's really

going to be the focus is the outlook for future monetary tightening.

Asian shares slipped back overnight as investors looked to the Federal Reserve policy

decision later in the day and any clues it might give on future rate hikes, shifting focus away

from the historic U.S.-North Korea summit in Singapore.

Spreadbetters call the DAX 13 points higher at 12,856, the CAC 40 down 1 point at 5,453, and

the FTSE 100 1 point higher at 7,705.

(Helen Reid)

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(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)