UK Markets closed

LIVE MARKETS-Europe set for more gains

* European shares seen higher

* China to halve tariffs on some U.S. imports

* S&P 500, Nasdaq post record closing highs

* Big earnings day in Europe Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan.


EUROPE SET FOR MORE GAINS (0640 GMT)

Record closes on Wall Street and a move by China to halve tariffs on some U.S. imports are expected to help push European stocks higher today despite the coronavirus threat and as earnings expectations for Q4 stabilise after a string of downgrades.

On the corporate front, it's a busy earnings day, especially in the banking sector.

France's third-biggest bank Societe Generale boosted its capital after asset sales; Q4 earnings at Nordic leader lender Nordea Bank topped expectations; Italy's biggest bank UniCredit posted a lower-than-expected Q4 net loss; while ING Groep's Q4 pre-tax profit fell slightly short of expectations.

Elsewhere, Nokia posted a surprise Q4 profit and Equinor's profit beat expectations.

Financial spreadbetters at IG expect London's FTSE to open 42 points higher at 7,482, Frankfurt's DAX to open 82 points up at 13,478 and Paris' CAC to open 36 points higher at 5,985.

(Danilo Masoni)

***** (Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)