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LIVE MARKETS-Futures down as trade clouds return

* European stocks futures edge lower

* Trade tensions weigh on Wall St

LONDON, July 20 (Reuters) - 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

FUTURES DOWN AS TRADE CLOUDS RETURN (0611 GMT)

Futures are pointing to modest losses across European benchmarks today after a slide in Wall

Street and Asian stocks as trade worries dent the yuan and Trump talks down the dollar.

Germany's DAX, which has become somewhat of a European bellwether for trade tensions, should

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hold on to its third straight week of gains however - it's currently up 1.2 percent on the week.

Apart from earnings streaming in, another event on the radar is EU chief negotiator Michel (Euronext: MLRAM.NX - news)

Barnier's presentation after he meets the European Affairs Ministers Council to discuss the

latest developments in fraught negotiations.

"We expect the discussion will likely focus on the White Paper published by the UK

government last week, potentially offering the first official EU response to the UK proposals,"

write Societe Generale (Swiss: 519928.SW - news) analysts.

(Helen Reid)

*****

EARLY MORNING HEADLINE ROUND-UP (0549 GMT)

Earnings will drive the day again today with car parts maker Faurecia (Swiss: EO.SW - news) , aerospace and defence

firm Thales (LSE: 0IW5.L - news) and spirits group Remy Cointreau (Swiss: RCO.SW - news) among notable results. And the U.S. Department of

Commerce hearing on car tariffs yesterday saw the auto industry rally together to blast the levy

plans.

French group Thales posts higher H1 profits, says Gemalto (LSE: 0OGA.L - news) deal on track

Car (HKSE: 0699-OL.HK - news) parts maker Faurecia posts higher H1 profit, raises outlook

Remy Cointreau's Q1 sales growth curbed by impact of price increases

Sweden's Telia buys Bonnier's TV unit in SEK 9.2 billion deal

Britain says Huawei "shortcomings" expose new telecom networks risks

Fiat Chrysler kicks off Magneti Marelli spin-off

Roche gets breakthrough status for Alzheimer's test Elecsys

Ill-prepared suppliers threaten aerospace giants in case of hard Brexit

Volkswagen (IOB: 0P6N.IL - news) to furlough 1,000 workers in Brazil as sales slow -union

EU, Mexico automakers blast Trump auto tariff plan

(Helen Reid)

*****

MORNING CALL: EUROPE TO FALL IN STEP WITH WALL ST, ASIA DECLINE (0535 GMT)

The week is set to end on a more pessimistic note for European stocks with benchmarks likely

to follow in the footsteps of falls on Wall Street and in Asian shares.

Trump's comments criticising the Fed's decision to hike rates and expressing concern about a

strong dollar shook the greenback from a one-year peak, while a slide in the Chinese yuan

unnerved investors in Asian stock markets and stoked concerns Beijing's currency management

could become the next flash point in a fierce trade dispute with the United States.

Spreadbetters CMC Markets expect the FTSE 100 to open 8 points lower at 7,676, the DAX is

expected to open 30 points lower at 12,656, and the CAC40 is seen opening 13 points lower at

5,404.

The STOXX is currently set for its third straight week of gains, though losses today might

erase that.

(Helen Reid)

*****

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