Live Markets: Europe before the bell: Futures higher as oil retreats
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EUROPE BEFORE THE BELL: FUTURES HIGHER AS OIL RETREATS
European stock index futures are higher on Friday and oil prices have slipped after US President Donald Trump said the US would not attack Iran before the midterm elections, easing some near-term concerns about energy supplies.
Euro STOXX 50 futures STXEc1 are up 0.6% after the index .STOXX50E fell to its lowest since mid June the day before.
Futures on the DAX FDXc1, CAC FCEc1 and FTSE FFIc1 are up between 0.7% and 0.8%.
In corporate news, eyes will be on Deutsche Telekom DTEGn.DE at the open after SpaceX SPCX.O struck a deal to acquire a low-band spectrum portfolio in the US, mounting a direct challenge to legacy wireless giants in the country.
T-Mobile US TMUS.O shares slid 6% after hours. Deutsche Telekom holds a 54% stake in the company, according to LSEG data.
(Samuel Indyk)
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