Thursday 8 December 2016

European Factors to Watch-Equity futures rise slightly

Published 09/03/2016 | 08:23

The London Stock Exchange. Photo: PA
The London Stock Exchange. Photo: PA

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.

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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.

Reuters

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