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LIVE MARKETS-Opening snapshot: Poor updates drag European shares lower

* European shares fall for third straight day

* Asian shares dip on growth, trade worries

* ASML (Milan: ASML.MI - news) , Metro Bank (Frankfurt: 6MB.F - news) , Ingenico (Paris: FR0000125346 - news) results disappoint

* But Carrefour shares boosted after Q4 update

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:


European shares are down for a third straight session as a string of poor earnings updates

including from ASML, a major supplier to the world's largest computer chipmakers,

added to concerns over trade and global economic growth.

In early deals the pan-regional STOXX 600 was down around 0.4 percent, while other regional

benchmarks were also slightly in the red. Trade-exposed autos were the biggest sectoral

fallers, down 1.3 percent, while defensive sectors such as utilities outperformed.

ASML (down 3 pct) was the biggest negative weight on the STOXX 600, while among top fallers

were also Metro Bank (down 26 pct) and French payments firm Ingenico (Swiss: ING.SW - news) (down 16

pct) which reported disappointing results.

Not all updates were that bad.

Carrefour (Swiss: CA.SW - news) (up 5 pct) was a notable exception: the French supermarket expressed

confidence over its strategy plan and it seems that the impact from the yellow vest protests in

France was not as bad as feared.

Here's your opening snapshot:

(Danilo Masoni)



European shares are set to begin morning trading lower than they closed yesterday as a combo

of worries on global growth and on the Sino (Dusseldorf: 1205802.DU - news) /U.S. trade negotiations weighed on global markets,

from Wall Street to Asia.

A new batch of corporate results will animate the session and so far there are already a few

stocks indicated with strong losses at the open, notably Metrobank down up to 10 percent after a

EPS miss.

Premarket indications show little love and a likely fall for ASML which said it sees 2019

sales growth despite delay in orders. French payments business Ingenico is also seen retreating

after a warning on core profit.

Much better signs for supermarkets Carrefour (LSE: 0NPH.L - news) and Ahold for their Q4 figures.

Also positive views on Antofagasta (Other OTC: ANFGF - news) and its copper output rise, and for Deutsche Boerse (IOB: 0H3T.IL - news) .

Perhaps an important chapter in the Nissan/Ghosn saga with Renault (LSE: 0NQF.L - news) convening a board meeting

to turn the page.

Here are a few headlines:

French payments business Ingenico warns on core profit

Carrefour confident over overhaul despite Q4 'yellow vests" hit

Deutsche Boerse sees adjusted net profit growth of around 17 pct in 2018

Supermarket retailer Ahold Delhaize's Q4 sales meet expectations -

ASML sees 2019 sales growth despite delay in orders

Renault convenes board to turn page on Ghosn era

Cocoa giant Barry Callebaut (IOB: 0QO7.IL - news) sees sales accelerating after Q1 miss

Antofagasta Q4 copper output rises 23.7 pct

(Julien Ponthus)



European futures have opened roughly as expected, that is in negative territory but without

any dramatic moves - yet.

Q4 headlines are starting to accumulate on our screens but don't seem to have what it would

take to drastically change the mood or paint Europe Inc in a new optimistic colour.

Here's your snapshot:

(Julien Ponthus)



From global growth worries to trade war concerns, there just ain't much in store to prop up

European shares after Asia and Wall Street ended their session without any sudden new-found

faith in risky assets.

According to IG (Frankfurt: A0EARV - news) , financial spreadbetters expect London's FTSE to open 16 points lower,

Frankfurt's DAX and Paris' CAC, down 13 points and 16 points respectively.

CMC Markets (LSE: CMCX.L - news) has a similar, albeit slightly higher forecast.

(Julien Ponthus)