LIVE MARKETS-Early morning European headline round-up
* European stock futures steady
* 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
EARLY MORNING EUROPEAN HEADLINE ROUND-UP (0738 GMT)
Lots of earnings today, here's what's jumped out so far:
Deutsche Bank (IOB: 0H7D.IL - news) posts third consecutive annual loss in 2017
Spain's Caixabank Q4 profit falls 70 pct from Q3
Spain's Sabadell Q4 net profit more than doubles on one-off sales
Danske Bank (LSE: 0NVC.L - news) beats Q4 pretax expectations, expects lower 2018 net result
Nordea banking group to list Finnish unit on Scandinavian exchanges
Philips Lighting Q4 earnings beat estimates on cost cutting
Tyre maker Nokian Q4 profit up 13 pct yr/yr
Tools maker Husqvarna Q4 result, dividend better than expected
Aker BP Q4 core profit lags market expectations
Fortum Q4 profit jumps 57 pct yr/yr
Tele2 (LSE: 0QE6.L - news) says will aim to grow dividends, Q4 core profit matches forecasts
Hexpol Q4 operating profit matches forecast
Cevian Capital raises Ericsson (Hanover: ERCB.HA - news) stake to 5 pct of votes
Spanish property developer Metrovacesa (Stuttgart: 892583.SG - news) cuts listing price
AirAsia CEO says looking at Boeing (NYSE: BA - news) 787 for AirAsia X fleet growth
AstraZeneca (NYSE: AZN - news) flags return to drug sales growth in 2018
Britain's BT says on track for year after Q3 meets its expectations
Cobham (Other OTC: CBHMF - news) sells communications units to Viavi for $455 million
Doorstep lender Provident Financial (Other OTC: FPLPF - news) names new CEO
Satellite company Avanti appoints new CEO
EU clearing house system passes stress test
(Kit Rees)
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BUT FUTURES POINT TO STEADY OPEN FOR EUROPEAN SHARES (0702 GMT)
Contrary to earlier calls from financial spread-betters, European stock index futures have
opened with slight gains, indicating this week's sell-off could ease somewhat.
The STOXX 600 is down around 1.8 percent so far this week, set for its biggest weekly loss
since November
Here's your snapshot:
(Danilo Masoni)
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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 euros in 2017.
(Danilo Masoni)
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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)
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(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)