January 26, 2018 / 6:53 AM / 10 months ago

LIVE MARKETS-Luxury goods makers in focus as LVMH sounds upbeat

    * European shares seen little changed
    * STOXX hit 1-week low in previous session
    * Trump says wants a strong dollar

    Jan 26 (Reuters) - Welcome to the home for real time coverage of European equity markets
brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on
Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net 
    
    LUXURY GOODS MAKERS IN FOCUS AS LVMH SOUNDS UPBEAT (0643 GMT)
    Luxury goods makers could be among the stocks to watch today after LVMH said it
had made a favourable start to 2018 after a revival in Chinese demand boosted sales last year
and spurred on some of its major brands like Louis Vuitton.
    Here in bullets the key highlights from results at the world's biggest luxury goods maker.  
 
    * Operating profit up 18 pct in 2017, as expected
    * Q4 like-for-like sales higher than forecast
    * Chinese demand continues to boost luxury goods market   

 
    (Danilo Masoni)
    *****    
    
    
    MORNING CALL: EUROPEAN SHARES SEEN STEADYING (0621 GMT)   
    Good morning and welcome to Live Markets. Following losses in the previous session, European
shares are expected to open little changed today as the battered dollar won back some ground
after President Donald Trump surprised markets by saying he wanted a strong U.S. currency. 
  
     Financial spreadbetters expect London's FTSE to open 2 points lower at 7641.6 points,
Frankfurt's DAX to open 16 points higher at 13430.5 point and Paris' CAC to open 1 point higher
at 5496 points.
    (Danilo Masoni)
    *****

    
 (Reporting by Danilo Masoni, Julien Ponthus, Kit Rees, Helen Reid)
  
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