Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
EUROPE BEFORE THE BELL: STOCKS SET TO ROUND OFF POSITIVE WEEK IN THE GREEN
European equity futures are higher on Friday as markets look set to round off another week in the green, due to easing trade tensions and expectations of large U.S. tax cuts.
Euro STOXX 50 futures STXec1 are up 0.2%, as the index looks to add to its almost-2% gain this week. A close higher on Friday would mark its fifth week of gains.
Major index futures in Frankfurt FDXc1, Paris FCEc1 and London FCIc1 are all up about 0.3%.
Overnight in Asia, shares were mixed, but have had a stellar week more broadly, with MSCI's main gauge of Asia-Pacific stocks ex-Japan .MIAPJ0000PUS up over 3%. Wall Street futures are little changed on Friday.
In corporate news, luxury group Richemont CFR.S reported a slightly stronger-than-forecast 7% rise in quarterly sales.
Reinsurer Swiss Re SRENH.S reported a 16% rise in quarterly profit, even after huge claims relating to the deadly wildfires in Los Angeles this year.
(Samuel Indyk)
*****
FRIDAY'S OTHER LIVE MARKETS POSTS:
TRADE-DRIVEN RALLY ENDS THE WEEK WITH A WHIMPER CLICK HERE
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.