Advertisement
UK markets close in 7 hours 56 minutes
  • FTSE 100

    7,866.90
    -98.63 (-1.24%)
     
  • FTSE 250

    19,425.72
    -273.17 (-1.39%)
     
  • AIM

    742.93
    -7.35 (-0.98%)
     
  • GBP/EUR

    1.1714
    +0.0003 (+0.03%)
     
  • GBP/USD

    1.2440
    -0.0007 (-0.06%)
     
  • Bitcoin GBP

    51,112.03
    -2,390.63 (-4.47%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CRUDE OIL

    85.82
    +0.41 (+0.48%)
     
  • GOLD FUTURES

    2,387.90
    +4.90 (+0.21%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • HANG SENG

    16,247.96
    -352.50 (-2.12%)
     
  • DAX

    17,781.92
    -244.66 (-1.36%)
     
  • CAC 40

    7,924.59
    -120.52 (-1.50%)
     

LIVE MARKETS-What to watch at the bell

* European stocks futures broadly steady

LONDON, April 24 (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

WHAT TO WATCH AT THE BELL (0652 GMT)

European shares are expected to open flat despite a mixed session on Wall Street and a lack

of enthusiasm for tech stocks there.

U.S. 10-year yields have retreated to 2.96 percent giving investors some respite to look at

indicators, such as Germany’s IFO or Belgium leading indicator (a Euro zone bellwether) and a

ADVERTISEMENT

fresh new batch of corporate earnings.

The results are shedding light on the health of a lot of sectors across the continent and

clearly chipmaker AMS’ first-quarter sales are likely to worry investors as the stock seems

ready to fall at the open.

In the auto sector, premarket indications show little enthusiasm for car makers PSA and

Volvo or Michelin. Banks, (Santander and Swedbank) will be closely monitored after UBS’

disappointing results while Deutsche Bank may be a mover after it was reported that it could

announce a revamp of its investment bank Thursday.

Other big names to report this morning: SAP, Akzo Nobel, Dutch employment agency Randstad's

Q1 earnings exposing strong growth in Europe.

(Julien Ponthus)

*****

EARLY MORNING HEADLINE ROUND-UP (0633 GMT)

There's plenty of earnings to keep investors busy this morning, notably from the banking

sector with updates from Santander and Swedbank.

Here's a round-up of the headlines catching our eye ahead of the open:

Santander Q1 profit rises 10 pct, buoyed by Brazil

Swedbank Q1 profit tops forecast as Swedish housing market steadies

St. James's Place Q1 assets dip on weaker market returns

Deutsche Bank may announce investment bank revamp on Thursday -report

Zurich court backs Julius Baer in East German assets row

Munich Re says expects Q1 profit of over 800 million euros

SAP, gaining market share, raises outlook

Apple sensor supplier AMS ,AMS.S> warns of second-quarter slowdown

Akzo Nobel Q1 profit misses estimates as sales drop

Puma says China powered strong first-quarter sales

Dutch employment agency Randstad's Q1 earnings rise on strong Europe growth

Gardening tools maker Husqvarna Q1 EBIT just lags expectations

Booming demand lifts AB Volvo profit, straining supply chain

PSA sales jump 42 percent on Opel-Vauxhall acquisition

Michelin sales fall as euro compounds China, U.S. weakness [Michelin sales fall as

euro compounds China, U.S. weakness

AstraZeneca to raise stake in Circassia to up to 19.9 pct

London Stock Exchange Group's quarterly profit rises

Norway's Telenor adjusts guidance to reflect CEE sale, Q1 slightly ahead

Anglo American's Minas-Rio in Brazil to ramp up in Q4 after leaks

Saipem swings to Q1 net loss after reorganizing charges

Telecom Italia shareholders to vote on CEO as board showdown delayed

(Kit Rees)

*****

EUROPEAN FUTURES TRADING HIGHER AS EARNINGS COME IN (0610 GMT)

Futures for major European indexes are trading in positive territory as Q1 results start to

flow in. Here's the Top News page for European companies where you can check out how it's going

so far on the earnings front:

Here's a snapshot of European futures at 0605 GMT:

(Julien Ponthus)

*****

EARNINGS AND INDICATORS: LOTS OF THEM! (0548)

It's not all about FAANGs or U.S. treasury yields this morning: a batch of fresh indicators

and corporate earnings should give enough data to animate the session with notably Germany's

Ifo, but also business sentiment indicators in France, Belgium, Italy and the UK as well as

employment figures for Sweden.

In terms of earnings, they are coming from across all sectors and regions, here's a sample:

Akzo Nobel NV Q1 2018 Earnings Call

Ams AG Q1 2018 Earnings Call

Banco Santander SA Q1 2018 Earnings Call

Coface SA Q1 2018 Earnings Call

Cofinimmo SA Q1 2018 Earnings Release

Iberdrola SA Q1 2018 Earnings Release

Mediaset SpA Q4 2017 Earnings Call

Randstad Holding NV Q1 2018 Earnings Call

Santander UK Group Holdings PLC Q1 2018 Earnings Call

SAP SE Q1 2018 Earnings Call

Swedbank AB Q1 2018 Earnings Call

Telekom Austria AG Q1 2018 Earnings Release

Telenor ASA Q1 2018 Earnings Call

Volvo AB Q1 2018 Earnings Release

Zodiac Aerospace SA HY 2018 Earnings Release

(Julien Ponthus)

*****

MORNING CALL: EUROPEAN BOURSES SEEN RISING AT THE OPEN (0520 GMT)

European shares are expected to rise at the open this morning ahaed of a earnings-heavy

session after Asian stocks bounced back from near two-week lows.

Financial spreadbetters expect London's FTSE to open 10 points higher, Frankfurt's DAX 27

points higher and Paris' CAC 6 points higher helped by the recent rise of the dollar.

US 10-year Treasury yields, which were close to breaking the 3 percent benchmark on Monday,

have currently retreated to 2.96 percent.

(Julien Ponthus)

*****