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LIVE MARKETS-European futures dip

Fri, 9th Nov 2018 07:09

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 FUTURES DIP (0708 GMT) European futures just opened and there's not much of a surprise there: they are down between roughly 0.2 percent and 0.4 percent. (Julien Ponthus) ***** MORNING CALL: EUROPE SEEN LOWER AS FED WEIGHS ON MIDTERM RALLY (0634 GMT) European shares are expected to open in the red and follow the trend set on Wall Street overnight after a statement from the Fed weighed further on to sap the rally which followed the midterm elections. The central bank noted a dip in business investment but the statement otherwise suggested the next rate hike would be in December, disappointing those who had hoped for a change in tone after October's market sell-off. With Asia also in the red, financial spreadbetters at IG expect London's FTSE to open 33 points lower, Frankfurt's DAX to lose 19 points and Paris' CAC 40 5 points down. (Julien Ponthus) *****

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