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LIVE MARKETS-Futures open higher after Brexit deal sealed

Nov 26 - 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 OPEN HIGHER AFTER BREXIT DEAL SEALED (0711 GMT)

Futures have opened higher across European benchmarks this morning, rising 0.6 to 0.7

percent the day after the "best possible" Brexit deal was agreed by EU leaders and Prime

Minister Theresa May.

But the UK Parliament's vote on the deal looms around the corner.

"Markets will shift their focus away from the EU deal to the “meaningful vote” due by mid

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December," write Societe Generale (Swiss: 519928.SW - news) analysts. "The government’s task in trying to win this vote is

immense and there will be a rising volume of forecasts that it will be lost, with the fears

rising of a no deal."

(Helen Reid)

*****

HEADLINES TO WATCH: ITALY BUDGET, KUEHNE & NAGEL, LOGITECH (0656 GMT)

With (Other OTC: WWTH - news) earnings season over, investors' focus turns to political developments and corporate

news. Brexit will certainly dominate newsflow in the UK after the EU agreed a deal on Sunday,

and Italian developments could also drive the market.

Italy could consider "fine tuning" its deficit goal to avoid market turbulence, a junior

minister told Il Messaggero in an interview this morning, signaling a possible negotiation

between Rome and Brussels to avoid a disciplinary procedure against Italy.

Italy's government is set to meet on Monday evening to discuss a potential reduction of its

deficit goal, a government source said.

M&A chatter is likely to move stocks as well. Swiss logistics group Kuehne & Nagel told a

Swiss newspaper it wouldn't shy away from large acquisitions, and is ready to talk with smaller

rival Panalpina. But the takeover target said it's keen to remain independent.

Logitech also ended talks to acquire U.S. maker of Bluetooth earpieces and gaming headsets

Plantronics (NYSE: PLT - news) .

Takeover target Panalpina keen to remain independent

Logitech ends negotiations to acquire Plantronics

INSIGHT-In China's hinterland, car market growth engine sputters

Mitsubishi Motors' board meets to remove Chairman Ghosn

Japan's Daikin to buy Austria's AHT Cooling for about $885 mln

Aston Martin to more than double production by 2025 - CEO

UK's Drax starts pilot of Europe’s first bioenergy carbon capture project

(Helen Reid)

*****

EUROPE TO RISE IN STEP WITH ASIA, BUT OIL SLIDE AND BREXIT WEIGH (0623 GMT)

European stocks are set for a slightly stronger open, having enjoyed a modest recovery on

Friday as well. Sagging oil prices could weigh on the market, though, and tension is building

ahead of a parliamentary vote on the Brexit deal which the EU agreed to on Sunday after 18

months of gruelling talks.

Asian stocks and U.S. equity futures posted modest gains on Monday on hopes of solid U.S.

holiday sales, though plunging oil prices fanned worries about a dimming outlook for the global

economy.

European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed

with Prime Minister Theresa May was the best Britain will get in a warning to the British

parliament not to reject it.

The parliamentary vote is likely to take place just before the next EU Summit of Dec (Shanghai: 600875.SS - news) 13-14.

According to CMC Markets (LSE: CMCX.L - news) , the FTSE 100 is expected to open 25 points higher at 6,977, the

DAX is expected to open 58 points higher at 11,250, and the CAC 40 is expected to open 21 points

higher at 4,967.

(Helen Reid)

*****

(Reporting by Helen Reid, Julien Ponthus, Danilo Masoni)