LIVE MARKETS-Morning call: European rally to stall
July 19 - 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
MORNING CALL: EUROPEAN RALLY TO STALL (0531 GMT)
European shares are set to take a breather this morning after earnings optimism took
regional benchmarks to a one-month high on Wednesday.
Asian shares extended early gains overnight as upbeat Wall Street earnings buoyed global
investor sentiment, although trade war jitters pushed China's yuan to fresh one-year lows in
both the onshore and offshore markets.
On the radar today are updates from ABB (LSE: 0NX2.L - news) , Alstom (LSE: 0J2R.L - news) , Anglo American (LSE: AAL.L - news) , Kone (LSE: 0II2.L - news) , Kuehne & Nagel,
Publicis (Paris: FR0000130577 - news) , Unilever (NYSE: UL - news) , Volvo, among other big European companies.
Spreadbetters CMC Markets expect the FTSE 100 to open unchanged at 7,676 points, the DAX to
open 17 points lower at 12,748 and the CAC 40 10 points lower at 5,437.
(Helen Reid)
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(Reporting by Helen Reid, Danilo Masoni, Julien Ponthus and Kit Rees)