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LIVE MARKETS-European bourses seen rising as trade war enters new phase

Reuters - UK Focus

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

EUROPEAN BOURSES SEEN RISING AS TRADE WAR ENTERS NEW PHASE (0525 GMT)

European bourses are expected to rise at the open just after U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday.

With Beijing having vowed to respond immediately in kind, it seems the worse-case scenario of an all-out trade conflict feared by investors is materialising fast.

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While one could have expected markets to fall, financial spreadbetters expect London's FTSE to open 26 points higher, Frankfurt's DAX up 60 points and Paris' CAC to rise 32 points.

(Julien Ponthus)

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