LIVE MARKETS-European stock futures rise as Washington talks eyed
Feb 18 - Welcome to the home for real-time coverage of European equity markets brought to
you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to
share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net
EUROPEAN STOCK FUTURES RISE AS WASHINGTON TALKS EYED (0719 GMT)
Futures are up this morning with a less busy trading day ahead: Wall Street will be shut for
President's Day, and there are no big data releases on the horizon either.
Societe Generale (Swiss: 519928.SW - news) economists reckon the key market-moving data this week will be euro area
business sentiment surveys.
"After pronounced weakening, we expect generally slightly improved readings, crucial to
supporting our view that growth will improve," they write.
Minutes from the Fed and the ECB will also be an important focus, while on trade "markets
will also keep an eye on the intensified U.S.-China trade negotiations for any signs of a
breakthrough."
(Helen Reid)
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COMPANY NEWS TO WATCH: FAURECIA (Swiss: EO.SW - news) , DEUTSCHE BANK (IOB: 0H7D.IL - news) , WIRECARD (Swiss: WDI.SW - news) (0658 GMT)
In early morning results and company news, there's no shortage of interesting tidbits. In a
boost to Wirecard (IOB: 0O8X.IL - news) shares, German regulator BaFin banned investors from establishing or
increasing net short positions on the stock.
Auto parts maker Faurecia struck an upbeat tone, saying it hopes to outperform the market in
2019 while cautioning it sees auto production in general to be slightly negative this year.
The headline harvest so far:
Chinese conglomerate HNA (Shanghai: 600221.SS - news) cut its stake in Deutsche Bank to 6.3 percent.
Car (HKSE: 0699-OL.HK - news) parts group Faurecia hopes to outperform uncertain market in 2019
Swiss Re (LSE: 0QL6.L - news) completes 1 billion franc share buyback
HNA cuts stake in Deutsche Bank to 6.3 percent - SEC (Shanghai: 603988.SS - news) filing
Airbus warns of no-deal Brexit, says has spent tens of millions preparing
Germany's BaFin Bans Wirecard Short Positions
UK concludes it can mitigate risk from Huawei equipment use in 5G - FT
Vapiano Reports Deviation From 2018 Forecast
DIA (EUREX: 13086668.EX - news) to hold shareholder meeting in March
(Helen Reid)
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EUROPE'S RALLY SET TO CONTINUE AHEAD OF WASHINGTON TRADE TALKS (0625 GMT)
The impressive rally which pushed European shares to touch their highest in four months on
Friday is set to continue with new trade talks between the U.S. and China this week in
Washington helping investors' risk appetite.
Meanwhile, trouble could be looming for autos: the U.S. Commerce Department sent a report on
Sunday to President Trump on car imports and national security which could unleash steep tariffs
on imported cars and car parts. The department would not disclose any details of the report, but
Trump has 90 days to decide whether to act upon the recommendations.
Financial spreadbetters expect London's FTSE to open 2 points higher at 7,239, Frankfurt's
DAX to open 22 points higher at 11,322 and Paris' CAC to open 8 points higher at 5,162.
Asian share markets bounced broadly on Monday as investors dared to hope for both progress
at Sino (Dusseldorf: 1205802.DU - news) -U.S. trade talks in Washington this week and more policy stimulus from major central
banks.
(Helen Reid)
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(Reporting by Helen Reid, Danilo Masoni, Julien Ponthus)