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EUROPE BEFORE THE BELL: FUTURES MIXED
European futures are a mixed bag on Tuesday as traders assess a murky trade outlook while sifting through some Q1 earnings.
The impact of U.S. tariffs on the global economic outlook continues to dominate the mood, as markets digest some key Chinese holiday spending data.
Euro STOXX 50 futures STXEc1 are off 0.1%, while futures on the DAX FDXc1 and FTSE FFIc1 are ticking 0.1% higher.
On the earnings front, Dutch healthcare tech company Philips has chopped its annual profit outlook on potential impact from U.S. tariffs, while Portugal's Novo Banco said quarterly profits fell on a lower interest margin.
There are green shoots elsewhere.
Hugo Boss BOSSn.DE reported a better-than-expected quarterly revenue, German car parts maker Continental saw a Q1 earnings beat, and dialysis specialist Fresenius Medical Care FMEG.DE also reported first-quarter results above market expectations.
(Lucy Raitano)
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