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LIVE MARKETS-Earnings in focus: DT, Thyssenkrupp, Adecco, Merck

* European shares seen opening higher

* In Asia, shares gain

* Yuan firms as China signals intent to stabilise decline 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: rm://


Turning to the corporate front there are more updates for investors to digest this morning with Deutsche Telekom confirming its guidance for the year as Europe's largest telco by revenues pushes to complete the $26 bln takeover of competitor Sprint .

Thyssenkrupp scrapped its outlook for the current business year due to falling demand in the automotive and steel industries, making it the fourth profit warning under current boss Guido Kerkhoff, while Adecco revenues fell 3% in Q2 as the staffing company said hiring slowed in Europe's automotive and manufacturing sector.

Other results on the radar include those from Merck KGaA which posted a gain in quarterly earnings that was slightly higher than expected, while Zurich Insurance said it was set to beat its targets amid aggressive cost-cutting.

In M&A, eyes on Siemens Healthineers on news it is buying Corindus Vascular Robotics of the U.S. for $1.1 billion.

Here are other market moving headlines:

Aurubis Q3 earnings slump 72% on poor markets, project problems

Debenhams to name Stefaan Vansteenkiste as CEO -source

British Airways resuming services after latest IT meltdown

Air France KLM's July passenger numbers rise 1.8% y/y

Angry Birds maker Rovio's Q2 profit falls on Hatch expansion costs

Bayer, Elanco aiming to reach animal-health deal next week - Bloomberg

Tod's family owner to keep investing despite sliding sales

BHP Group to invest $283 mln in Trinidad and Tobago petroleum project

Novartis says it knew of Zolgensma data problems before U.S. approval

EU opens antitrust investigation into PKN's bid for Lotos

Ryanair's UK pilots vote to strike later this month

Spanish court summons DIA owner Fridman in Zed bankruptcy inquiry

Italy's BPER profit falls on loan losses, softer revenues

Massimo Zanetti cautious on 2019 after fall in H1 coffee sales


(Danilo Masoni)



European shares are expected to open higher this morning following gains in Asia where investors took comfort after China fixed the yuan at a firmer level than many had feared, signalling unwillingness to engage in heavy currency depreciation.

"The Fix is the number one game in town and will continue to dictate the pace of play for risk assets over the near term," says Stephen Innes, managing partner at VM Markets Pte.

Spreadbetters at IG expect London's FTSE to open 21 points higher at 7,220, Frankfurt's DAX to open 85 points higher at 11,735, and Paris' CAC to open 49 points higher at 5,316. In the previous session the STOXX 600 broke a three day losing streak, ending up 0.2%.

Here's more on the yuan: Yuan firms as PBOC signals intent to stabilise decline

(Danilo Masoni)

***** (Reporting by Danilo Masoni, Josephine Mason and Thyagaraju Adinarayan)