LIVE MARKETS-DAX futures up more than 1 percent
* European stocks futures rise
* China's Xi speech soothes jitters over trade tensions
LONDON, April 10 (Reuters) - Welcome to the home for real-time coverage of European equity
markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach
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DAX FUTURES UP MORE THAN 1 PERCENT (0604 GMT)
European stock index futures have opened higher with those on the exporter-heavy DAX up more
than 1 percent after Chinese President Xi Jinping helped soothe investor jitters over an
escalating U.S.-China trade row. Futures on other European benchmarks were up 0.6-0.7 percent.
"This year, we will considerably reduce auto import tariffs, and at the same time reduce
import tariffs on some other products," Xi said at the Chinese Boao Forum for Asia in Hainan
province.
For an analyst view on Xi's speech, click here
(Danilo Masoni)
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EARLY MORNING HEADLINES ROUNDUP (0548 GMT)
Bayer (IOB: 0P6S.IL - news) bid to buy Monsanto (Hamburg: 1132157.HM - news) wins U.S. DoJ approval- WSJ
Vuitton owner LVMH posts sales surge in boost to luxury sector
Insurer AXA to restructure Swiss unit, resulting in one-off H1 negative hit
Givaudan Q1 sales rise 5.4 pct, helped by new contracts
Telecom Italia (Amsterdam: TI6.AS - news) to take legal action over auditors' April AGM decision
Italian fund association will not present slate for Telecom Italia board vote
U.S. FDA restricts sale of Bayer's Essure birth control device
Danske Bank (LSE: 0NVC.L - news) 's head of Baltic Business Banking exits
ANALYSIS-Deutsche Bank (IOB: 0H7D.IL - news) 's new CEO takes sober look at 'ugly' investment bank
L'Oreal picked as preferred bidder for stake in S.Korea's Nanda - Korea Economic Daily
Deutsche becomes Premier Oil (LSE: PMO.L - news) 's 3rd biggest shareholder at 5.2 pct
EU to explore counter-measures to U.S. aluminium tariffs-trade body
Allianz (Swiss: ALV-EUR.SW - news) makes $120 mln investment in African infrastructure - FT
France's EDF March nuclear power production up 4.1 percent
MEDIA-Santander is said to be seeking exit from Astaldi (LSE: 0DMQ.L - news) loan exposure- Bloomberg
Total Port Arthur refinery plans to restart gasoline unit by wkend -sources
UBS (LSE: 0QNR.L - news) suspends access to research data for some external providers
Britain's Drax could close coal plants ahead of 2025 deadline
(Danilo Masoni)
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MORNING CALL: EUROPE SEEN UP (0518 GMT)
European shares are expected to open higher today after stocks in Asia gained following a
speech from Chinese President Xi Jinping which helped soothe investor jitters over an escalating
U.S.-China trade row. The STOXX 600 eged up 0.1 percent in the previous session.
Xi, speaking at the Boao Forum for Asia, said that China will take measures to sharply widen
market access for foreign investors, raise the foreign ownership limit in the automobile sector
and protect intellectual property of foreign firms.
Financial spreadbetters expect London's FTSE to open 46 points higher at 7,240, Frankfurt's
DAX to open 109 points higher at 12,371 and Paris' CAC to open 47 points higher at 5,311.
Reports that the FBI raided the offices and home of U.S. President Donald Trump's personal
lawyer Michael Cohen reduced gains on Wall Street overnight, but Xi's speech pushed
US futures back higher in Asian trading.
(Danilo Masoni)
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