* European stocks futures fall
* U.S. may impose 10 pct tariffs on $200 bln of Chinese goods
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EUROPEAN STOCKS FUTURES ON THE BACK FOOT (0612 GMT)
The fresh news on the trade front is weighing on European stocks futures, which have opened
lower. So it looks like the STOXX's six-day winning streak is going to come to an end.
Here's your snapshot:
EUROPEAN COMPANIES: WHO'S REPORTING WHAT (0555 GMT)
While European Q2 earnings are yet to kick off in earnest, we've got a few updates today
with a trading statement from luxury retailer Burberry and preliminary results from
troubled software company Micro Focus.
Here's the full list below:
BDEV.L Barratt Developments PLC Trading Statement Release
KLED.ST Q2 2018 Kungsleden AB Earnings Release
KVAER.OL Q2 2018 Kvaerner ASA Earnings Release
COMH.ST Q2 2018 Com Hem Holding AB Earnings Release
OMVV.VI Half Year 2018 OMV AG Trading Update
FOE.OL Q2 2018 Fred Olsen Energy ASA Earnings Release
PAGE.L Q2 2018 Pagegroup PLC Trading Statement Release
BRBY.L Q1 2019 Burberry Group PLC Trading Statement Release
MCRO.L Preliminary 2018 Micro Focus International PLC Earnings Release
ORX.ST Q2 2018 Orexo AB Earnings Release
KOF.PA Q2 2018 Kaufman & Broad SA Earnings Release
MORNING CALL: EUROPEAN SHARES SEEN OPENING LOWER (0533 GMT)
Good morning. An escalation in the U.S.-China trade dispute is set to knock back European
shares this morning, after the Trump administration said it would slap 10 percent tariffs on an
extra $200 billion worth of Chinese imports.
"While this marks a significant escalation in the US-China trade dispute, we believe a
negotiated settlement is still likely to happen before the new tariffs are implemented,"
Nevertheless, financial spreadbetters expect Britain's FTSE 100 to fall 0.5 percent,
Germany's DAX is seen retreating 0.6-0.7 percent and France's CAC is seen opening 0.5-0.6
The U.S. threat of additional tariffs hit Chinese shares, though Wall Street ended in
positive territory with the S&P 500 reaching its highest close since the February sell-off.
(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)