LIVE MARKETS-No Xmas magic for UK retailers

* Futures up across major European benchmarks * FTSE futures weaker * Manufacturing PMIs in focus Jan 2(Reuters) - 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 No Xmas magic for UK retailers (0730) Jefferies believes UK consumers spent "cautioulsy" this C

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