January 23, 2018 / 7:44 AM / 6 months ago

LIVE MARKETS-Trump's solar tariffs to hit Europe too

    Jan 23 (Reuters) - Welcome to the home for real time coverage of European equity markets
brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on
Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net 
    
    TRUMP'S SOLAR TARIFFS TO HIT EUROPE TOO (0734 GMT)
    U.S. President Donald Trump announced late yesterday tariffs on some imported solar cells,
boosting shares in U.S. solar companies but hitting rivals in Asia, such as Korean solar panel
manufacturers.
    There could be victims in Europe too, such as Germany's SMA Solar Technology ,
which develops photovoltaic system technology. 
    "This could bother SMA's already difficult US business furthermore. SMA hosts CMD Friday
maybe giving some insight soon," a Frankfurt-based trader said. 
    Another trader said  also shares in Solarworld, REC Silicon REC.OL>, Solar A/S
, Soitec and Solar-Fabrik could be under pressure following
Trump's move.
    (Danilo Masoni)
    *****
    
    FUTURES POINT TO A STRONG START FOR EUROPEAN BOURSES (0706 GMT) 
    There seems to be little doubt as to whether European shares will follow the rally in Asia
and on Wall Street which followed the deal to end the U.S. government shutdown:       
 
    (Julien Ponthus) 
    ***** 

    
    AN ECB CHEAT SHEET: FROM "VERY DOVISH" TO "VERY HAWKISH" (0650 GMT) 
    As Thursday's ECB meeting quickly approaches, ING has drafted a "cheat sheet" to help
investors read through Mario Draghi's carefully scripted language and decide whether his message
is "dovish" or "hawkish". 
    Here it is:  
 
    (Julien Ponthus) 
    *****
            
    MORNING CALL: EUROPE TO RISE IN THE WAKE OF U.S. SHUTDOWN DEAL RALLY (0618 GMT)   
    Good morning and welcome to Live Markets. European shares are set to open higher on Tuesday
in the wake of the rally on Wall Street and Asia which followed a deal to end a three-day
government shutdown in the U.S. 
    Financial spreadbetters expect London's FTSE to open 18 points higher at 7,733.1,
Frankfurt's DAX to open 54 points higher at 13,517 and Paris' CAC to open 17 points higher at
5,558.5.
    (Julien Ponthus)
    *****

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