European Factors to Watch-Shares seen falling at the open

jueves 6 de agosto de 2015 01:28 GYT
 

LONDON Aug 6 (Reuters) - European stocks were seen opening lower on Thursday, with media shares expected to come in the spotlight after an overnight fall in the shares of Disney after Disney cut profit forecasts for its cable networks unit.

Financial spreadbetters expected Britain's FTSE 100 to open down by 39-41 points, or 0.6 percent lower.

Germany's DAX was seen opening down by 43-54 points, or 0.4-0.5 percent lower, while France's CAC 40 was expected to open down by 25 points, or 0.5 percent lower.

Many investors will also be on the lookout for further signs of possible interest rate rises coming soon in the United States and Britain.

The Bank of England is likely to say on Thursday that its policymakers have split over interest rates, adding to expectations it is heading for its first increase in borrowing costs in nearly a decade.

Some better-than-expected U.S. economic data this week has also backed views that the U.S. will raise rates in September. The prospect of rising rates can often cause stocks to fall, as higher rates boost returns on cash and bonds, and can lead to bigger interest bills for companies listed on the stock market. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asia shares drop, dollar firm; U.S. data signals Sept hike > US STOCKS-Tech leads Nasdaq, S&P 500; Disney sparks media selloff > Nikkei gains on a weaker yen, earnings forecasts divide fortunes > TREASURIES-Longer-dated yields rise on Fed rate hike skepticism > FOREX-Dollar edges down but close to highs, sterling awaits BOE update > PRECIOUS-Gold stuck near 2010 low as data backs Sept Fed hike view > METALS-London copper up on China data, aluminium recovers from 6-yr low > Oil hovers near multi-month lows, Brent below $50

(Reporting by Sudip Kar-Gupta)