European Factors to Watch-Shares seen higher, focus on miners

viernes 11 de marzo de 2016 03:31 GYT
 

(Adds futures prices, company news)

LONDON, March 11 (Reuters) - European shares headed for a higher start on Friday after sharp declines in the previous session, with a recovery in metals and crude oil prices seen supporting commodities-related stocks.

Futures for the Euro STOXX 50, Germany's DAX , Britain's FTSE and France's CAC were 1.5 to 2.1 percent higher.

The pan-European FTSEurofirst 300 index fell 1.8 percent in the previous session, having earlier risen by as much as 2.6 percent after the European Central Bank surprised investors with rate cuts and an expansion of its asset purchase programme. ECB President Mario Draghi later said more rate cuts were unlikely.

The FTSEurofirst 300 index has fallen about 2.4 percent so far this year and stays on track for a weaker weekly close after gaining in the previous three straight weeks.

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