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LIVE MARKETS-Opening snapshot: European shares bounce

* European stocks open higher

* Wall St bounces, Asia stocks edge higher

* U.S. banks due to report earnings later

LONDON, July 13 (Reuters) - Welcome to the home for real-time coverage of European equity

markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach

him on Messenger to share your thoughts on market moves:

julien.ponthus.thomsonreuters.com@reuters.net

OPENING SNAPSHOT: EUROPEAN SHARES BOUNCE (0713 GMT)

European shares have opened higher as the market focus shifts from the U.S.-China trade

dispute to the second quarter earnings season, as big banks over in the U.S. are set to give

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updates later in the day.

The early bounce is pretty broad in Europe, with sectors such as tech, autos and industrials

leading the way.

Company updates are spurring moderate moves in insurer Storebrand (LSE: 0NO0.L - news) , recruiter Hays

and DCC (Frankfurt: DCC.F - news) , which are all up between 2.3 to 3.6 percent, while insurer Gjensidige

and GAM are the biggest fallers.

Here's your opening snapshot:

(Kit Rees)

*****

MORNING HEADLINES: ANTITRUST, FROM M&A TO DIPLOMACY (0559 GMT)

There is no shortage of M&A related news this morning, surely enough to keep merger

arbitrage funds quite busy particularly with the U.S. Justice Department trying to undo AT&T (Swiss: T-USD.SW - news)

Inc's $85.4 billion acquisition of Time Warner (Frankfurt: A0RGAY - news) a month after the deal closed.

The media sector is buoyant as ever, also on our side of the Atlantic (Shanghai: 600558.SS - news) with the ongoing

takeover battle for Sky (Frankfurt: 893517 - news) .

On the antitrust front, EU regulators have approved Ryanair's planned acquisition of

LaudaMotion without conditions and sources told Reuters Linde and Praxair

will win approval regulatory clearance for their planned $83 billion merger after

pledging to sell Praxair (NYSE: PX - news) 's assets to boost a Japanese rival in Europe.

Still on the regulatory front, Goldman Sachs (NYSE: GS-PB - news) and the world's biggest cablemaker Prysmian (EUREX: 3056144.EX - news)

, Nexans (EUREX: NXSG.EX - news) and eight other cable companies lost their challenge against a 302 million

euros EU cartel fine.

Speaking of antitrust, it's tempting to make a link with U.S. President Donald Trump's visit

to the UK and blasting Theresa May's Brexit plans by saying a free trade deal with Britain might

be impossible.

The fact Trump told The Sun that former Foreign Secretary Boris Johnson "would be a great

Prime Minister" after he resigned in protest at May's Brexit plans makes the U.S./UK

relationship as "special" as ever.

"Trump’s declaration that this softer version of Brexit would mean that a trade deal with

the US was “probably” off the table, was a blow to both host Theresa May and the pound, sending

sterling tumbling overnight", commented Jasper Lawler, head of research at LCG.

On the stocks front, European futures are up as expected, between up 0.2 percent for the

IBEX and 0.53 percent for the DAX and the FTSE.

(Julien Ponthus)

*****

MORNING CALL: EUROPEAN SHARES SEEN RISING AT THE OPEN (0519 GMT)

European shares are expected to follow the optimistic trend set in Asia and on Wall Street

and open this session in positive territory.

Expectations of a strong earnings season in the United States are supporting shares and

trade war fears are currently kept in check even with China reporting a trade surplus with the

United States of $28.97 billion in June, the highest on record.

Financial spreadbetters expect London's FTSE to open 41 points higher, Frankfurt's DAX up

57 points higher and Paris' CAC to rise 25 points.

(Julien Ponthus)

*****

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