European Factors to Watch-Equity futures rise slightly

miércoles 16 de marzo de 2016 03:12 GYT
 

(Adds futures prices, company news items)

LONDON, March 16 (Reuters) - European equity futures rose slightly on Wednesday, with firmer oil prices potentially lending support to the market while corporate takeover activity continued as the London Stock Exchange and Deutsche Boerse announced merger terms.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up between 0.2-0.3 percent.

The pan-European FTSEurofirst 300 index fell 1.1 percent on Tuesday, and many traders were refraining from buying up big positions before the U.S. Federal Reserve's latest interest rate decision due later in the day.

The Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns about the health of the global economy with fresh signs that domestic inflation is starting to rear its head.

The Fed's latest policy statement, due to be released at 2 p.m. EDT (1800 GMT) along with updated economic projections, will show how comfortable policymakers are in proceeding with the gradual rate hike path they embraced late last year.

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