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: FUTURES EDGE UP TO ROUND OFF STRONG WEEK
European stock futures are signalling a steady start on Friday, rounding off a strong week which has seen major bourses recover some of their steep losses from the week before.
Euro STOXX 50 futures STXEc1 are up about 0.1%. The index has gained over 3% this week, on track for its biggest weekly rise since April.
Futures on the DAX FDXc1, CAC FCEc1 and FTSE FFIc1 are also hovering just above the unchanged mark.
Markets remain focused on the Federal Reserve, who look set to cut rates next month after soft jobs data last week.
Expectations for rate cuts solidified after Trump said he was to nominate Stephen Miran to fill the open spot on the Fed board, a nominee who is likely to share the U.S. president's dovish views on monetary policy.
Earnings continue to roll in although Europe's earnings season is drawing to a close. Munich Re MUVGn.DE trimmed its insurance revenue forecast, citing FX developments.
Britain's Flutter Entertainment FLTRF.L, the world's largest online betting company, raised its full-year profit growth forecast after a better-than-expected second quarter.
(Samuel Indyk)
*****
EARLIER LIVE MARKETS POSTS:
TRUMP MOVES TO EXTEND GRIP ON FED CLICK HERE