March 22, 2018 / 3:47 PM / 9 months ago

LIVE MARKETS-A question of trust

    * European stocks extend losses
    * Tech, banks hit by trade fears
    * Euro zone growth slows again in March
    * U.S. to sign tariffs on China at 1630 GMT
    * BoE keeps rates steady but two vote for hike

    March 22 - Welcome to the home for real-time coverage of European equity markets brought to
you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to
share your thoughts on market moves: helen.reid.thomsonreuters.com@reuters.net     
 
    
    A QUESTION OF TRUST (1544 GMT)
    On the subject of tech and the implications of Facebook's recent woes, Northern Trust
Capital Markets' analysts point to one key issue: trust.
    NTCM explores the idea that, as consumers become less trusting of institutions, they will
revert back to true peer-to-peer platforms.
    "Facebook is built around trust, specifically trust from users that their private
information won't be used for malicious purposes. With that now in question, so too is their
value proposition possibly," NTCM's analysts say in a note.
    "In time this could also be seen as a turning point in the advent of the blockchain," they
add, mentioning their favourite blockchain play, Japan's SBI Holdings while voicing
concerns around digital advertisers reliant on third-party data.   
    Interesting today that internet company Mozilla has suspended ads on FB on concerns of data
privacy.
    (Kit Rees)
    
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