European Factors to Watch-Equity futures rise slightly
Published 09/03/2016 | 08:23
European equity futures rose slightly on Wednesday, indicating a steady start for the region's stock markets after a pullback in the previous session caused by more weak Chinese data that reinforced concerns about a possible global economic slowdown.
Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up by between 0.1-0.3pc.
The pan-European FTSEurofirst 300 index, which reached one-month highs on Friday after three straight weeks of gains, ended down 0.9pc on Tuesday, having touched its lowest level in a week.
Sharp losses in Chinese stocks pulled Asian equities further away from two-month highs on Wednesday as weak trade figures from the world's second-biggest economy and wobbly oil prices revived concerns about global growth.