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LIVE MARKETS-Futures dip, Henkel cuts outlook, eyes on mid-cap results

* European shares seen easing at the open

* In Asia, shares fall

* Henkel cuts outlook, shares slump 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 Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net


FUTURES DIP, HENKEL CUTS OUTLOOK, EYES ON MID-CAP RESULTS (0613 GMT)

European stock futures have opened down slightly as investors remain cautious due to ongoing political uncertainty in Italy and following losses in Asia where investors were put off by trade fears, protests in Hong Kong and the slump in Argentina's peso currency.

On the corporate front it looks rather quiet so far, but there are still some earnings reports to digest as the Q2 reporting season draws closer to its end with around three-quarters of companies on the STOXX 600 having already released their numbers.

Henkel is down 9% in early trade after the German consumer goods company lowered its FY outlook for sales and earnings, blaming disappointing performance at its beauty unit and a hit to its adhesives business from falling industrial production.

Results also from Swiss Life, up 1.9% in premarket, and a number of small- and mid-cap firms, including Fraport, Aareal Bank, and Deutsche Wohnen .

In other news, Diageo signed a joint-venture deal with state-run Cuba Ron SA to market Santiago de Cuba Rum, in defiance of U.S. efforts to dissuade investment in the Communist-run country.

Here's your headlines roundup:

Henkel blames beauty, slower industry for outlook cut

Swiss Life expects single premiums to return to more normal level next year

British beverage giant Diageo to market Cuban rum

US Senator Grassley seeks info on Novartis's Zolgensma data issues

BRIEF-Fraport Sees 0.8% Y/Y Rise In July Passengers To More Than 6.9 Mln

BRIEF-Aareal Bank Confirms Forecast As Q2 Net Income Remains Stable

BRIEF-Deutsche Wohnen Affirms 2019 Forecast For FFO I

BRIEF-Grammer H1 EBIT Rose 19.8% To EUR 50.2 Mln

(Danilo Masoni)

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EUROPE SEEN STEADY (0536 GMT)

European shares are set to open flat to slightly higher today although sentiment could remain jittery amid a mix of persistent economic and geopolitical worries, which already soured sentiment yesterday to esase the early gains seen at the start of the session.

"On their own, concerns about US, China trade, slowing growth, and the risk of recession in Europe's biggest economy, Brexit, the possibility of Italian elections, unrest in Hong Kong, as well as a crisis in Argentina, and tensions in the Arabian Gulf might be containable," says CMC Markets analyst Michael Hewson.

"Taken together in the round as a cocktail of risks against a backdrop of central banks almost out of ammunition and you have a recipe for a lot of nervous investors," he adds.

Markets will also be watching developments in Italy where right-wing League leader Matteo Salvini's drive for early elections hit a road bump on Monday with parliamentary party leaders failing to decide when the Senate should debate his no-confidence motion in the government.

Financial spreadbetters at IG expect London's FTSE to open 14 points higher at 7,241, Frankfurt's DAX to open 17 points higher at 11,696, and Paris' CAC to open 5 points higher at 5,316. The pan-European STOXX 600 index fell 0.3% on Monday.

Over in Asia, shares fell with MSCI's broadest index of Asia-Pacific shares outside Japan down more than 1%.

(Danilo Masoni)

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(Reporting by Danilo Masoni, Josephine Mason and Thyagaraju Adinarayan)