Tepid start in store for Europe
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TEPID START IN STORE FOR EUROPE
European shares are heading for small losses at the open on Thursday, as EuroSTOXX50 STXEc1 futures, FTSE futures <FFIc1 and DAX futures FDXc1 are off about 0.1%.
The European index has been on a winning streak for two weeks; trading positively ten out of the last twelve sessions to erase most of its losses from the early August sell-off.
Attention is firmly fixed on the Fed's next move, after minutes of the U.S. central bank's July 30-31 meeting showed the "vast majority" of officials said a rate cut in September was likely.
In the UK, sports fashion retailer JD Sports .JD.L, Hays .HAYS.L and Ithaca .ITH.L have published a mixed bag of results.
Deutsche Bank DBKGn.DE shares rose 2.9% in pre-market trade on Thursday after Germany's largest lender reached settlements with more than half the plaintiffs who had accused the lender of underpaying them in the acquisition of Postbank years ago.
Poland's biggest bank PKO BP PKO.WA is out with second-quarter results showing net profit quadrupling from a year earlier.
(Lucy Raitano)
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FOR THURSDAY'S OTHER LIVE MARKETS POSTS
IT'S BEGINNING TO LOOK A LOT LIKE RATE CUTS CLICK HERE
Traders up bets on Fed rate cuts by more than for the ECB https://reut.rs/46Z14eO
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