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LIVE MARKETS-Morning call: What a difference a night makes

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London.

MORNING CALL: WHAT A DIFFERENCE A NIGHT MAKES (0626 GMT)

A European investors could have been excused last night to feel somewhat reassured by Wall Street's 6% jump.

After all, it was reasonable to assume that the pledge by the Fed and by governments across the world to pump up hundreds of billions of dollars to cushion the effect of the coronavirus outbreak would calm markets down.

Not anymore. Whatever positive sentiment was around last night faded away and European futures are deep into the red. Like over 5% into the red.

Which makes sense because Asian bourses fell and U.S. futures hit their daily limit outside U.S. trade.


(Julien Ponthus)

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(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)