European Factors to Watch-Shares seen opening slightly lower

viernes 18 de septiembre de 2015 01:30 GYT

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    LONDON, Sept 18 (Reuters) - European shares were seen opening slightly lower
on Friday, with export-driven sectors such as carmakers and luxury good stocks
potentially in focus after the U.S. kept interest rates on hold, which impacted
the dollar on currency markets.
    Financial spreadbetters expected Germany's DAX to open down by
13-15 points, or 0.1-0.2 percent lower. France's CAC 40 was seen down by
9-12 points, or 0.2-0.3 percent lower, while Britain's FTSE 100 was
expected to open flat.
    The U.S Federal Reserve kept interest rates unchanged on Thursday in a bow
to worries about the global economy, financial market volatility and sluggish
inflation at home, but left open the possibility of modest rate rises later this
    "Yes, we've got a reprieve on an immediate interest rate hike, but the
reason for the stay of execution is rather bearish itself," said London Capital
Group dealer Jonathan Sudaria.
    Asian shares rose modestly on Friday on relief that the Fed had held off on
raising interest rates but gains were capped by renewed concerns about the
health of the global economy, in particular China. 
    The Fed's decision also pushed up the euro against the dollar, and
gains in the euro can often weigh on European carmakers and luxury good stocks
as their exports typically benefit when the euro is weaker on currency markets.
 MARKET SNAPSHOT AT 0527 GMT                                      
                                                 LAST    PCT CHG  NET CHG
 S&P 500                                     1,990.20    -0.26 %    -5.11
 NIKKEI                                     18,151.31    -1.52 %  -280.96
 EUR/USD                                       1.1406    -0.25 %  -0.0029
 USD/JPY                                       119.78    -0.17 %  -0.2000
 10-YR US TSY                                   2.185         --    -0.03
 10-YR BUND YLD                                 0.775         --    -0.01
 SPOT GOLD                                  $1,128.10    -0.27 %   -$3.10
 US CRUDE                                      $46.73    -0.36 %    -0.17
  > GLOBAL MARKETS-Asian shares edge up, dollar soft as Fed stands pat and eyes
  > US STOCKS-Wall St ends down after choppy session; Fed holds rates 
  > Nikkei snaps 3-day winning streak after Fed decision 
  > TREASURIES-Yields tumble after Fed leaves rates unchanged 
  > FOREX-Dollar nurses losses after Fed refrains from rate hike 
  > PRECIOUS-Gold dips as Fed move to hold U.S. rates adds to uncertainty 
  > METALS-London copper slips as Fed rate delay sparks jitters 
  > Oil prices weak on economic concerns, OPEC target on market share 
    Germany's Deutsche Bank said in a statement published on the
website for its Russian business on Thursday that it would close its corporate
banking services and securities departments in Russia. 
    HELLA :
    Hella, a German manufacturer of auto headlights and electronics,
cautioned on Thursday that it expects a hit to full-year earnings from the
failure of a supplier in China. 
    LIDL :
    Discount supermarket Lidl will next month increase pay for
thousands of its staff in Britain by at least 12 percent. 
    Drugmaker Novartis said it had won Swiss regulatory approval for its
Entresto heart medicine. 

 (Reporting by Sudip Kar-Gupta)