European Factors to Watch-Shares seen opening higher

miércoles 16 de septiembre de 2015 01:17 GYT
 

(Adds company news items)
    LONDON, Sept 16 (Reuters) - European stocks were seen opening higher on
Wednesday, buoyed by gains overnight on U.S. and Asian markets, although
investors were expected to refrain from buying up big positions before a U.S.
Federal Reserve meeting.
    Financial spreadbetters expected Britain's FTSE 100 to open up by
20-23 points, or 0.3-0.4 percent higher. Germany's DAX was seen opening
up by 56-58 points, or 0.6 percent higher, while France's CAC 40 was
expected to open up by 15-17 points, or 0.3-0.4 percent higher.
    Asian shares followed Wall Street higher on Wednesday, albeit in thin
volume, and short-term U.S. bond yields held near 4 1/2-year highs as investors
braced for the possibility of the first interest rate hike in the United States
since 2006. 
    The pan-European FTSEurofirst 300 index rose 0.9 percent on
Tuesday. Although the benchmark index is up more than 5 percent from a low hit
late last month, it is down about 14 percent from its peak two months ago,
mainly on concerns about the pace of economic growth in China and the prospects
of a U.S. rate hike.
    On the macroeconomic front, there is UK employment and euro zone inflation
data later in the day.        
------------------------------------------------------------------------------
 MARKET SNAPSHOT AT 0506 GMT                                 
                                            LAST    PCT CHG  NET CHG
 S&P 500                                1,978.09     1.28 %    25.06
 NIKKEI                                18,141.22     0.64 %   114.74
                                                                    
 EUR/USD                                  1.1291     0.22 %   0.0025
 USD/JPY                                  120.20    -0.18 %  -0.2200
 10-YR US TSY                              2.265         --    -0.02
 YLD                                                         
 10-YR BUND YLD                            0.745         --     0.01
 SPOT GOLD                             $1,104.21    -0.07 %   -$0.79
 US CRUDE                                 $44.89     0.67 %     0.30
      
  > GLOBAL MARKETS-Asian shares, US bond yields rise ahead of Fed rate decision
 
  > US STOCKS-Wall St rallies as clock ticks toward Fed decision 
  > Nikkei gains on bargain hunting, Wall Street rally 
  > TREASURIES-Yields shoot higher in thin trading ahead of Fed meeting 
  > FOREX-Dollar buoyed by higher yields ahead of Fed meeting 
  > PRECIOUS-Gold languishes near 1-mth lows ahead of Fed meeting 
  > METALS-London copper bides time as markets look to Fed 
  > U.S. oil extends gains on stock-draw, Brent lags with Asian economies 
    
    COMPANY NEWS:
    ADIDAS :
    The sports wear maker said it will become official outfitter for the U.S.
National Hockey League in a seven-year partnership. 
    
    BMW :
    BMW-owned Rolls-Royce Motors will sell fewer cars in 2015 than last year,
its chief executive told Reuters on Tuesday, echoing comments made recently by
other luxury automakers hit by cooling demand in China, the world's biggest car
market. 
    
    E.ON :
    The company would be forced cut more costs, including jobs, if the political
environment deteriorates further, Chief Financial Officer Michael Sen told
Boersen-Zeitung in an interview published on Wednesday.
    
    FIAT :
    Ferrari expects stable sales in greater China this year, as stronger demand
for its luxury sportscars in Hong Kong and Taiwan offsets weaker sales in the
mainland, Enrico Galliera, senior vice president of its marketing division, said
on Tuesday. 
    
    MEDIASET :
    Italy's biggest private broadcaster said on Tuesday it had invested in the
group that controls popular Italian radio stations Radio 105, Radio Monte Carlo
and Virgin Radio, in an effort to strengthen its radio business.
    
    RWE :
    The city of Essen sees no majority for a sale of its stake in utility RWE,
treasurer Lars Martin Klieve told German paper Rheinische Post in an interview
published on Wednesday
    
    TELECOM ITALIA /VIVENDI :
    French media company Vivendi could raise its 15.5 percent stake in
Telecom Italia again, possibly to about 20 percent of the capital,
French daily Les Echos said on Tuesday. 
    
    VENETO BANCA:
    Unlisted Italian cooperative bank Veneto Banca said on Tuesday it plans to
raise up to 1 billion euros ($1.1 billion) in cash from shareholders in the
first half of 2016 as it works to meet capital requirements set by the European
Central Bank. 
    

 (Reporting by Sudip Kar-Gupta)