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LIVE MARKETS-Early morning results round-up

Reuters - UK Focus

May 15 - 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

EARLY MORNING RESULTS ROUND-UP (0531 GMT)

It's another busy day of earnings with French bank Credit Agricole (Swiss: ACA.SW - news) and German steelmaker

Thyssenkrupp (IOB: 0O1C.IL - news) among those reporting. Here are some of the biggest corporate headlines:

Thyssenkrupp Q2 operating profit up on steel recovery

Merck KGaA Q1 earnings down on liquid crystals, currencies

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Car (HKSE: 0699-OL.HK - news) parts group Faurecia (Swiss: EO.SW - news) targets steady rise in sales from 2020

Credit Agricole profit just below estimates on weak retail, capital markets

RWE Q1 profit drops on weaker wholesale prices

Commerzbank (Xetra: CBK100 - news) first-quarter pretax profit drops on higher costs

Eutelsat (Paris: FR0010221234 - news) says could fall short of full-year revenue target

Allianz Q1 profit up 6.8 percent, better than expected

(Helen Reid)

*****

MORNING CALL: HEADED FOR A WEAKER OPEN (0518 GMT)

European stocks are called to open slightly lower today after a downward turn in Asian

trading overnight, with investors saying the market is taking a breather after the recent surge.

They're still eyeing a range of political and economic risks with U.S.-China trade talks

ongoing.

The biggest developing political story in Europe, Italy's government-forming process,

stalled yesterday as the 5-Star and League parties won more time to put together a government.

On the macro front, UK wages data will be closely watched at 0830 GMT, while German GDP

figures at 0600 GMT should also provide more of a read on the health of the euro zone's

industrial engine.

Spreadbetters expect London's FTSE to open 16 points lower at 7,695, Frankfurt's DAX to open

18 points lower at 12,977.71 and Paris' CAC to open 13 point lower at 5,528.

(Helen Reid)

*****

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