LIVE MARKETS-Deutsche Bank posts bigger than expected loss

* European shares seen lower

* Eyes on US payrolls data

* Apple (NasdaqGS: AAPL - news) posts record profit, Alphabet (Xetra: ABEA.DE - news) disappoints

Feb 2 (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 him on

Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net

DEUTSCHE BANK POSTS BIGGER THAN EXPECTED LOSS (0643 GMT)

Banks, recently buoyed by rising bond yields and optimism about economic growth, could be in

focus today after the DAX-listed heavyweight lender disappointed analyst expectations with a

2017 loss of 497 million euro in 2017.

(Danilo Masoni)

*****

MORNING CALL: EUROPE SET TO EXTEND LOSING STREAK (0630 GMT)

Good morning and welcome to Live Markets.

Rising bond yields and a stronger euro are likely to put European shares under pressure for

a fifth day in a row, one day after the export oriented German DAX index fell 1.4 percent - its

biggest one-day loss since early November.

Over in Asia, the euro neared multi-year peaks as talk of policy tightening in Europe and

expectations that inflation is set to gear higher drove up borrowing costs globally, a move that

sparked a sell-off in Asian equities.

Later in the day the focus will be the U.S. payrolls report. "Anticipation is elevated after

a hawkish FOMC meeting... A strong number may increase the probability of four rate hikes this

year," says Credit Suisse (IOB: 0QP5.IL - news) in its investment daily note.

We'll also be keeping an eye on tech stocks here in Europe after results from big internet

companies in the US. "Some anxiety is fuelled by a trend for companies that miss estimates to be

penalized... Facebook (NasdaqGS: FB - news) bucked the trend, forecasting rising ad sales despite a dip in usage.

Apple reported record quarterly revenue and profits after the bell, Amazon’s results easily beat

expectations, but Alphabet disappointed," adds Credit Suisse.

Back to Europe, here are your opening calls, courtesy of CMC Markets (LSE: CMCX.L - news) .

FTSE100 is expected to open 5 points lower at 7,485

DAX is expected to open 63 points lower at 12,940

CAC40 is expected to open 9 points lower at 5,445

(Danilo Masoni)

*****

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