LIVE MARKETS-Before the bell: European futures fall, renewables eyed

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

BEFORE THE BELL: EUROPEAN FUTURES FALL, RENEWABLES EYED

European shares were set to fall on Tuesday on concerns the conflict between Israel and Iran may intensify as both countries attached each other for a fifth day and U.S. President Donald Trump urged Iranians to evacuate Tehran.

Heightened geopolitical concerns drove EuroSTOXX50 futures down as much as 1.1% in Asian hours. They were last down by 0.6%, while contracts on the DAX and FTSE 100 declined 0.6 and 0.5% respectively, and futures on the S&P 500 slid 0.3%.

Moving away from the Middle East, renewable stocks in Europe were eyed after US solar stocks tumbled in extended trade on Monday after a Republican proposal to phase out solar, wind and energy tax credits by 2028.

Shares in Vestas VWS.CO, Nordex NDXG.DE and SMA Solar S92G.DE were lower in early Frankfurt trading.

Elsewhere, Sabadell SABE.MC has received preliminary non-binding expressions of interest for its British unit TSB and will assess any potential binding offer it may receive.

Later in the week, the focus shifts to the Federal Reserve which is expected to hold rates steady on Wednesday, and then to the BoE on Thursday, which is also likely to stand pat. The BOJ left rates unchanged.

(Danilo Masoni)

EARLIER ON LIVE MARKETS:

ISRAEL-IRAN TRUCE HOPE IN TATTERS CLICK HERE