LIVE MARKETS-Europe before the bell: busy day ahead

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EUROPE BEFORE THE BELL: BUSY DAY AHEAD

European shares are set for small gains at the open, but this is one of those days where we have to wait for the U.S. for the big news, and maybe moves.

U.S. nonfarm payrolls are due later in the day, but that data, while always important, might play second fiddle as investors are awaiting a Supreme Court ruling on the legality of President Donald Trump's sweeping global tariffs that jolted markets last year.

Ahead of that, euro STOXX 50 futures are up 0.4% with FTSE futurs 0.2% higher. STXEc1, FFIc1

All eyes are going to be on the mining sector when trading gets underway. Rio Tinto RIO.L is in early talks to buy Glencore GLEN.L, the companies said, in what could create the world's largest mining company with a combined market value of nearly $207 billion.

Traders are expecting a 10% jump for Glencore at the open.

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