LIVE MARKETS-Earnings in focus: Deutsche Telekom, insurers and others

* European shares seen opening higher

* US, China sketch outlines of trade deal -sources

* Eyes on macro data, earnings updates

* Trump threatens tariffs on European cars 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

EARNINGS IN FOCUS: DEUTSCHE TELEKOM (IOB: 0MPH.IL - news) , INSURERS AND OTHERS (0655 GMT)

It's another day packed with earning updates.

Among the highlights so far is Deutsche Telekom which forecast that revenue and core earnings would continue to grow in 2019, sending its shares up 1.5 percent in pre-market trade, while results from insurers look mixed: AXA (Paris: FR0000120628 - news) posted lower profit as a result of charges related to its the IPO of its US unit as well as the impact of a spate of natural disasters, while net profit at Swiss RE (LSE: 0QL6.L - news) rose despite big claims.

We also have early updates from Accor Hotels and GAM Holding (IOB: 0QN3.IL - news) and many other companies are due to report their results later on.

Auto stocks will also remain in the spotlight after Trump said overnight the USwould impose tariffs on European car imports if it cannot reach a trade deal with the European Union.

"We're trying to make a deal. They're very tough to make a deal with - the EU," Trump said. "If we don't make the deal, we'll do the tariffs."

Here's your headlines round-up:

Deutsche Telekom sees 3 pct growth in core 2019 earnings

Insurer AXA reports lower 2018 net profit after IPO costs and natural disaster

Swiss Re 2018 net profit up 27 percent despite big claims

GAM assets under pressure, sees "challenging" 2019

AccorHotels' 2018 profit rises, beefs up lifestyle loyalty initiatives

Standard Chartered (BSE: 580001.BO - news) sets aside $900 mln to cover U.S., British fines

MEDIA-Deutsche Bank (IOB: 0H7D.IL - news) lost $1.6 bln on a bond bet- WSJ

UBS CEO says French appeals process to take "several years"

France's Wendel (LSE: 0HZD.L - news) to sell 40 pct stake in Allied Universal to Canada fund

Millicom spends $1.65 bln on Telefonica Central America mobile businesses

Glencore (Frankfurt: 8GC.F - news) will 'vigorously contest' $680 million tax demand

Swedbank (LSE: 0H6T.L - news) confident about its anti-money laundering measures

Slovenian bank NLB 2018 net profit falls by 10 percent

Italian payment services group SIA (Shanghai: 600009.SS - news) may list on stock market -CEO

(Danilo Masoni)

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MORNING CALL: EUROPEAN SHARES SEEN HIGHER (0621 GMT)

European shares are expected to open higher this morning, supported by renewed optimism over a possible trade deal between the United States and China and more patience signalled by the Federal Reserve.

Financial spreadbetters at IG (Frankfurt: A0EARV - news) expect London's FTSE to open 7 points higher at 7,235, Frankfurt's DAX to open 66 points higher at 11,468 and Paris' CAC to open 24 points higher at 5,220.

"Renewed signals of a trade agreement harvested a risk on sentiment overnight, putting fresh legs on the risk-on rally which had been showing signs of slowing," says Jasper Lawler, Head of Research at LCG.

According to sources familiar with the trade negotiations, the US and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war.

Later in the session eyes will be on a barrage of data in Europe with PMI squarely in focus.

"PMI figures from the bloc, in addition to German inflation and minutes from the ECB monetary policy meeting mean a volatile session could be ahead," adds Lawler.

Besides the macro, it's another heavy day for earnings reports.

(Danilo Masoni)

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