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LIVE MARKETS-On the radar: big moves for Publicis and Hugo Boss

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: ON THE RADAR: BIG MOVES FOR PUBLICIS AND HUGO BOSS (0648 GMT) Optimism on both the trade war and the Brexit fronts is seen lifting European stock markets this morning. Futures are currently trading in the green at the exception of the FTSE which is being dragged down by the rising pound. There’s also plenty of corporate news likely to trigger sharp moves at the open such as for France’s Publicis, which had to cut its full-year sales target for a second time and has seen its rating cut by SocGen. There's a likely read-across for WPP which is also expected to suffer. After yesterday's stellar results for luxury, there could be hard landing to investors with Hugo Boss cutting its 2019 earnings forecast, citing weak demand notably in Hong Kong, a growing concern for the industry. Germany’s SAP is on the rise after it published a strong set of third-quarter results lifted by a major cloud-computing deal with its CEO standing down. In the financial industry, Jupiter reported net ouflows of 1.3 billion pounds ($1.6 billion) in the third quarter while Man Group’s assets under management fell 1.5%. In the nordics, Equinor said it would $549 million to build floating turbines to supply power to several North Sea oil and gas platforms. In what could be seen as a vote of confidence for London’s financial centre, EG Group is reported considering an IPO which could value the company at over $12.44 billion. The Renault/Nissan corporate saga is continuing to unfold with Renault's Thierry Bollore, denouncing a "coup" against him. Here are a few headlines: SAP's McDermott steps down after decade as chief salesman and dealmaker Hugo Boss cuts outlook again, citing weak U.S., Hong Kong business EG Group weighs IPO that could value co at over $12.44 bln- Bloomberg BT launches 5G smartphone plans for consumers and businesses Thyssenkrupp's top shareholder says never called for special dividend Renault board to meet, as CEO denounces potential exit as 'coup' Euronext sets new financial targets, ready for more M&A deals Italy's Ferretti IPO postponed to Oct. 15 due to weak demand Dart Group expects to exceed profit view on Thomas Cook liquidation Ray-Ban Billionaire Leonardo Del Vecchio Plans To Lift His Stake In Mediobanca Above 10%- FT Publicis CEO under pressure following second sales target cut (Julien Ponthus and Joice Alves) ***** RISK APPETITE FOR BREAKFAST (0531 GMT) There clearly are positives vibes making their way from Asia and the U.S. this morning when it comes to the U.S./trade war and that should be enough to lift European bourses at the open. Trump's willingness to meet China's top trade negotiator is fuelling optimism that progress can be achieved on an issue which has been a constant burden for investors for close to two years now. IG financial spreadbetters expect Frankfurt's DAX to open 35 points higher and Paris' CAC to rise 14 points, adding on yesterday's gains. While new found optimism on Brexit is participating to the risk-on build-up, the rise in the pound is however weighing on British blue chips which often have heavy exposures to the dollar. London's FTSE is seen opening 24 points lower. (Julien Ponthus) ***** ($1 = 0.8028 pounds) (Reporting by Danilo Masoni, Joice Alves, Josephine Mason, Julien Ponthus and Thyagaraju Adinarayan)