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LIVE MARKETS-European headlines: morning round-up

* Investors price in more Fed tightening after minutes

* European stocks futures fall

* Earnings season in full swing in Europe

Feb 22 (Reuters) - 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 HEADLINES: MORNING ROUND-UP (0749 GMT)

Earnings season is in full swing and the flurry of publications today is offering precious

indications as to whether Q4 was indeed a strong vintage. Clues are expected on the health of

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sectors which have suffered recently, such as telecoms, utilities or consumer staples but also

areas where optimism has risen yesterday, such as banks, thanks to Lloyds, and miners with

Glencore (Frankfurt: 8GC.F - news) .

Barclays (LSE: BARC.L - news) grows annual profit by 10 percent, restores dividend

ProSiebenSat.1 sells stake in digital business to General Atlantic

Henkel (LSE: 0IZ8.L - news) gives cautious outlook after beauty decline

Deutsche Telekom (IOB: 0MPH.IL - news) hikes dividend despite record investment

Nestle (Swiss: NESN.VX - news) in talks to end supermarket row as pricing pressures build

Spain's Telefonica (LSE: 826858.L - news) reports 23 pct rise in core profit in Q4

Insurer AXA's 2017 profit rises ahead of planned IPO of U.S. business

Novo Nordisk (LSE: 0QIU.L - news) gets nod from U.S. drug purchaser for new diabetes hope

Utility Veolia 2017 core earnings up 2 pct, says 2018 started strongly

BAE Systems (LSE: BA.L - news) posts 8 percent rise in annual earnings

Serco meets forecasts and reiterates outlook despite "bumpy road"

RSA posts above-forecast 663 mln stg op profit in 2017

Anglo reports 45 percent leap in earnings, cuts debt

British American sales, profit helped by Reynolds deal

KBC net profit ahead of consensus on Czech gains

French conglomerate Bouygues (LSE: 0HAN.L - news) ' 2017 profits beat expectations

Arkema (Paris: FR0010313833 - news) beats 2017 profit target on strong units growth

UCB full-year core profit beats expectations, cautious about 2018

Safran (LSE: 0IU8.L - news) sees quick rampup of Mexico composite fan blade plant

Italy competition watchdog extends broadband probe into Telecom Italia (Amsterdam: TI6.AS - news)

Pipe maker Vallourec (LSE: 0NR2.L - news) cautious after beating 2017 profit forecasts

Britain's Centrica (Frankfurt: A0DK6K - news) posts 17.4 pct fall in FY profit

BRIEF-ISS FY 2017 Net (LSE: 0LN0.L - news) results at DKK 2.42 Bln

EUROPE RESEARCH ROUNDUP-Aurubis (IOB: 0K7F.IL - news) , Dunelm Group (LSE: DNLM.L - news) , Fortum Oyj (LSE: 0HAH.L - news)

(Julien Ponthus, Tom Pfeiffer)

*****

EYES ON THE DATA (0740 GMT)

Nerves have cooled a little since the sell-off earlier this month, but investors will be

watching the flurry of economic data today for any sign that this is as good as it gets in terms

of economic momentum in Europe.

Yesterday's PMIs showed that, while business growth remains robust, it has slipped slightly

from January's peak.

"The data is in line with our expectations of European growth peaking in Q1, but the

still-elevated survey levels continue to support our above-consensus 2018 growth forecast and

our preference for European stocks on a three- to six-month horizon," analysts at Credit

Suisse's Wealth Management division said in a note.

From the chart below, you can see how the euro zone's Euro Stoxx Index has tracked

a rise in PMI readings, suggesting that an economic expansion has been filtering through into

optimism around the region's equities.

(Kit Rees)

*****

DOWN IT IS (0735 GMT)

Futures are confirming earlier financial spreadbetters indications: European bourses are set

to slump at the open and follow the downward trend from Wall Street and Asia. With (Other OTC: WWTH - news) so many

companies reporting results today, however, the old continent may find a trend of its own.

(Julien Ponthus)

*****

EARNINGS AND INDICATORS GALORE (0639 GMT)

For those who may be experiencing U.S. rates and inflation fears fatigue, there will be

plenty of indicators and corporate news to animate the session in Europe today.

We're expecting, among other business climate for Germany, France and Belgium, CPI data from

France and Italy and industrial orders from Switzerland and Italy.

In terms of earnings, the season is in full swing as you can see below in this

non-exhaustive but still very long list below:

Aeroports de Paris SA FY 2017 Earnings Release

Anglo American PLC Earnings Release

Arkema SA FY 2017 Earnings Release

AXA SA FY 2017 Earnings Release

BAE Sys FY 2017 Earnings Release

Barclays PLC FY 2017 Earnings Release

Bouygues SA FY 2017 Earnings Release

British American Tobacco PLC FY 2017 Earnings Release

Centrica PLC Preliminary 2017 Earnings Release

CNP Assurances SA FY 2017 Earnings Release

Saint Gobain SA FY 2017 Earnings Release

Constellium NV Q4 2017 Earnings Call

Deutsche Telekom AG Q4 2017 Earnings Release

DIA FY 2017 Earnings Release

Fnac Darty SA FY 2017 Earnings Call

Gecina SA FY 2017 Earnings Call

Henkel AG & Co KgaA FY 2017 Earnings Release

Ingenico Group SA FY 2017 Earnings Call

KBC Groep NV Q4 2017 Earnings Release

Nyrstar NV FY 2017 Earnings Release

Prosiebensat 1 Media SE FY 2017 Earnings Release

Scor SE FY 2017 Earnings Release

Serco Group PLC FY 2017 Earnings Call

TBC Bank Group PLC HY 2018 Earnings Call

Technip Earnings Call

Telefonica FY 2017 Earnings Release

UCB Q4 2017 Earnings Release

Valeo SA FY 2017 Earnings Call

Veolia Environnement SA FY 2017 Earnings Release

(Julien Ponthus)

****

MORNING CALL: EUROPEAN BOURSES SET TO RETREAT (0615 GMT)

Good morning and welcome to Live Markets.

European bourses seem set to follow Wall Street and their Asian peers lower this morning as

speculation of faster hikes in U.S interest rates soured risk appetite globally.

Spreadbetters expect Germany's DAX to open 134 points lower, France's CAC 50 points lower

and Britain's FTSE 100 82 points lower.

(Julien Ponthus)

****

(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)