LIVE MARKETS-Before the bell: EU futures dip, French drink makers 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: EU FUTURES DIP, FRENCH DRINK MAKERS EYED

European shares were set for a weak start on Tuesday, with futures also pointing to sharp falls on Wall Street, as U.S. President Donald Trump's tariff threats over Greenland threw a spanner into a strong start of the year for global stocks.

EuroSTOXX 50 and FTSE futures fell 0.6% after the region's markets posted their biggest daily drop in two months on Monday, while S&P 500 and Nasdaq futures slipped around 1.4% as the New York trading reopens later after the MLK holiday.

Trump threat of a 200% tariff on French wines and champagnes could weigh on Pernod PERP.PA, LVMH LVMH.PA and other drink makers, adding to Monday's losses. France's CAC 40 futures were down around 1%, lagging peers.

In M&A, GSK GSK.L agreed to buy US-based RAPT Therapeutics RAPT.O for $2.2 billion. Ryanair RYA.I could be active after Elon Musk joked about acquiring Europe's No.1 low-cost carrier.

(Danilo Masoni)

EARLIER ON LIVE MARKETS:

SELL AMERICA, SELL JAPAN CLICK HERE