LIVE MARKETS-Morning call: European stocks to fall after less hawkish Fed
March 22 - 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 STOCKS TO FALL AFTER LESS HAWKISH FED(0618 GMT)
Good morning and welcome to Live Markets.
European stocks are called to open lower this morning after the Fed raised rates overnight
and forecast two more hikes for 2018, a guidance seen as less hawkish than anticipated.
The slower pace of rate hikes weighed on the U.S. dollar, which could have a knock-on effect
today on European exporters earnings in dollars.
Chinese shares slipped overnight to two-week lows, with trade war fears still gripping
investors.
Oil prices near six-week highs could however give a boost to energy stocks in European
trading today.
Spreadbetters call the DAX 48 points lower at 12,261, the CAC 40 down 20 points at 5,225,
and the FTSE 100 22 points lower at 7,017.
(Helen Reid)
*****