European Factors to Watch-Shares seen higher at open

lunes 17 de agosto de 2015 01:50 GYT

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LONDON Aug 17 (Reuters) - European stocks were seen opening higher on Monday, tracking gains in the U.S. market late on Friday.

Financial spreadbetters expected Britain's FTSE 100 to open up by around 36 points, or 0.5 percent higher. Germany's DAX was seen opening up by 72-76 points, or 0.7 percent higher, while France's CAC 40 was expected to open by 28-29 points, or 0.6 percent higher.

The pan-European FTSEurofirst 300 index had fallen 0.1 percent on Friday to record a loss of 3 percent over the week - its worst weekly performance since early July - as concerns over the impact of China's currency devaluation impacted global stock markets.

Worries over China weighed on copper prices on Monday, while oil prices also slipped back.

German Chancellor Angela Merkel also tried to reassure sceptical lawmakers on Sunday that the International Monetary Fund would take part in a new bailout for Greece, before a parliamentary vote in which many of her conservatives may break ranks and reject the rescue. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asia dragged down by sagging China stocks, dollar holds gains > US STOCKS-Wall St edges up after upbeat data, Greek bailout agreement > Nikkei rises after GDP contraction not as bad as expected > TREASURIES-Short-term yields edge up as Fed rate hike expectations increase > FOREX-Dollar tries to shake off yuan scare, yen shrugs off Japan's GDP slump > PRECIOUS-Gold holds up as yuan fears keep safe-haven draw > METALS-London copper slides as worries over China's economy persist > Oil prices drop on shrinking Japan economy, more US drill rigs


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