Upbeat earnings lift European shares, China still a drag

jueves 30 de julio de 2015 05:18 GYT

* FTSEurofirst 300 up 0.1 percent

* Siemens, Nokia underpin euro zone recovery story

* But China and emerging markets weigh

* German unemployment data shows surprise rise

* Peripheral euro zone preferred to core - Julius Baer

By Lionel Laurent

LONDON, July 30 (Reuters) - European equities were set for their third straight day of gains on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery.

Sentiment was also buoyed around the world by the U.S. Federal Reserve's relatively bright picture of improving labour-market conditions without appearing any more aggressive than expected on the timing of an interest-rate increase.

However, worries over China's growth and an emerging-markets slowdown weighed on companies including Anheuser-Busch InBev , while French carmaker Renault warned of a "significant" slowdown in emerging markets in 2015 even as it profited from a rebound at home.   Continuación...