European Factors to Watch-Shares seen up, focus on commodity stocks
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LONDON May 27 (Reuters) - European shares headed for a higher open on Wednesday after sharp declines in the previous session, with a recovery in commodity prices seen helping energy and mining stocks.
The market is also expected to get some support from a survey showing morale among German consumers improved heading into June, helped by a growing willingness to make purchases.
At 0629 GMT, futures for the Euro STOXX 50, Germany DAX, France's CAC and Britain's FTSE were 0.1 to 0.4 percent higher.
Oil prices rebounded on expectations that U.S. crude stocks could fall for a fourth straight week, while copper climbed away from a four-week low as investors covered short positions.
The FTSEurofirst 300 index of top European shares and the euro zone's blue-chip Euro STOXX 50 index fell 0.8 percent and 1 percent respectively in the previous session. Both the European oil and gas index and the basic resources index closed more than 1 percent lower.
Companies such as Aena, Kion Group, Just Eat and Merlin Properties, will also come into focus after being included in the pan-European STOXX Europe 600 index from next month, replacing the likes of Aveva, Mitie and Genel Energy, index compiler STOXX said late on Tuesday.
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