European Factors to Watch-Shares seen rising at open

jueves 17 de marzo de 2016 02:03 GYT
 

LONDON, March 17 (Reuters) - European stocks were seen opening higher on Thursday, as the U.S. Federal Reserve's move to reduce the number of interest rate hikes expected for this year buoyed world stock markets.

Financial spreadbetters expected Britain's FTSE 100 to open up by 29 points, or 0.5 percent higher. Germany's DAX was seen up by 47 points, or 0.5 percent higher, and France's CAC seen up by 17 points, or 0.4 percent higher.

The Federal Reserve held interest rates steady on Wednesday and indicated that moderate U.S. economic growth and "strong job gains" would allow it to tighten policy this year, with fresh projections showing policymakers expected two quarter-point hikes by the year's end, half the number seen in December. ------------------------------------------------------------------------------ > GLOBAL MARKETS-Asia jumps as cautious Fed lifts risk appetite, dollar on defensive > US STOCKS-Wall St closes at 2016 high as Fed signals fewer rate hikes > Nikkei turns down as stronger yen dents risk appetite > TREASURIES-U.S. yields fall after Fed cuts rate hike view > FOREX-Dollar nurses losses after Fed targets fewer hikes > PRECIOUS-Gold eases after strong rally, Fed eyes fewer rate hikes > METALS-Copper recaptures $5,000 as Fed tones down rate hike plan > Oil extends strong gains after supplier meeting agreed

(Reporting by Sudip Kar-Gupta)