European Factors to Watch-Equity futures fall, Greece market to re-open

lunes 3 de agosto de 2015 02:21 GYT

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LONDON Aug 3 (Reuters) - European equity futures fell on Monday, with weak Chinese economic data seen as weighing on the region's stock markets, while much attention will also focus on the re-opening of the Greek stock market after a five-week shutdown.

The euro zone's blue-chip Euro STOXX 50 futures contract fell 0.2 percent, as did futures on Germany's DAX and France's CAC. Britain's FTSE 100 futures fell 0.5 percent.

Trading on the Athens bourse was suspended in late June as part of capital controls imposed to stem a debilitating outflow of euros that threatened to collapse Greece's banks and hurl the indebted country out of the euro zone.

Since then, Athens has agreed a framework bailout plan with its European Union partners in exchange for stringent reforms and budget austerity. But implementation of the deal is some way off, keeping alive political and economic stability concerns.

The Greek market is due to re-open around 0730 GMT, with some traders expecting steep losses on the Athens bourse.

Weaker-than-expected Chinese data could also impact stocks, after data showed that China's factory activity shrank more than initially estimated in July.

However, there were some solid corporate earnings which could support the market, with British bank HSBC reporting higher first half profits. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asian stocks near 2015 lows on China economy worry, dollar strong > US STOCKS SNAPSHOT-Wall St ends down driven by energy selloff > Nikkei retreats on fresh signs of weakness in China economy > TREASURIES-Prices rally on record low increase in Q2 labor costs > FOREX-Dollar bulls stymied by wage data, PMIs next > PRECIOUS-Gold extends weakness after worst month in 2 years > METALS-Copper slips as China factories shudder > Oil hit multi-month lows on record OPEC output