LIVE MARKETS-Earnings: Q4 expectations no longer falling
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters
stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your
thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net
EARNINGS: Q4 EXPECTATIONS NO LONGER FALLING (0640 GMT)
Good news! Q4 earnings forecast for STOXX 600 companies are no longer in free fall and have
actually edged up to 3 percent year-on-year , I/B/E/S Refinitiv data shows.
Data showed last week a 2.3 percent earnings growth expectation, which constituted a sharp
fall from earlier forecasts.
You can see the evolution of Q4 earnings growth expectations here:
(Julien Ponthus)
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EUROPEAN BOURSES READY TO GO WITH THE (GOOD) FLOW (0620 GMT)
European bourses seem ready to go with the (good) flow and follow their Asian and U.S. peers
higher as optimism that Washington and Beijing might be able to hammer out a trade deal lifts
global markets.
IG (Frankfurt: A0EARV - news) data shows financial spreadbetters expect London's FTSE to open 33 points higher,
Frankfurt's DAX up 53 points and Paris' CAC to rise 15 points.
(Julien Ponthus)
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