LIVE MARKETS-FTSE futures outperform ahead of BoE
* European shares seen higher
* BoE (Shenzhen: 000725.SZ - news) seen keeping rates steady
* RBS (LSE: RBS.L - news) reaches $4.9 bln US bond probe settlement
May 10 (Reuters) - Welcome to the home for real-time coverage of European equity markets
brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on
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FTSE FUTURES OUTPERFORM AHEAD OF BOE (0614 GMT)
European stock index futures have opened in positive territory, confirming earlier
indications from spreadbetters, with FTSE futures leading the way, up 0.6 percent, ahead of
today's Bank of England policy meeting.
BoE interest rates looks set to stay on hold after unexpectedly weak economic data and
cautious remarks from Governor Mark Carney dashed the chances of what until a few weeks ago
looked like a near-certain increase.
"It is also quite likely that the Bank may well have to guide its growth expectations
lower... Inflation expectations could also be revised lower, which in term could see the pound
come under further pressure," says Michael Hewson, Chief Market Analyst at CMC Markets (LSE: CMCX.L - news) .
Here's your futures snapshot:
(Danilo Masoni)
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The Bank of England to announce May rate decision at 1100 GMT
HEADLINES ROUNDUP: EYES ON RBS SETTLEMENT, UNICREDIT RESULTS, AXA (Paris: FR0000120628 - news) 'S US IPO (0544 GMT)
Investors will likely be watching shares in RBS after a it reached a multi-billion deal to
settle a U.S. bond probe, while UniCredit (EUREX: DE000A163206.EX - news) could also be in focus after a solid-looking quarterly
update. The IPO of AXA's US arm missed its target, raising $2.75 bln.
Here are the links to these stories and more headlines that could move markets today:
RBS reaches $4.9 billion deal to settle U.S. mortgage bond probe
UniCredit beats forecasts with best Q1 result since 2007
AXA's U.S. arm raises $2.75 bln in IPO, misses target
Rolls-Royce operations chief to leave in streamlining
Altice USA reports quarterly loss due to high programming costs
Brazil's TIM: shares plummet as traders fret over royalty payments
Novartis (IOB: 0QLR.IL - news) calls $1.2 mln deal with Trump lawyer's firm a 'mistake'
EDF Q1 sales up 3.7 pct as nuclear reactors back on line
Enel (LSE: 0NRE.L - news) says Q1 net ordinary profit rises 10 pct
Banco BPM's debt recovery business attracting interest-CEO
Banco BPM Q1 net profit boosted by insurance deal
Randgold ends gold venture with Cradle Arc in Mali
YNAP on track for de-listing after Richemont offer breaches threshold
Italy Tod's expects sales to turn positive in second half of year
(Danilo Masoni)
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MORNING CALL: EUROPEAN SHARES SEEN HIGHER (0525 GMT)
European shares are set for a higher start today with financial spreadbetters expecting
Britain's FTSE to add 0.2 percent, while Germany's DAX is seen rising 0.4
percent and France's CAC gaining 0.3 percent.
Over in Asia, stocks rose with energy shares leading the way as crude oil prices bolted
higher after U.S. President Donald Trump's decision to pull out of a nuclear deal with Iran.
(Danilo Masoni)
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