European Factors to Watch-Equity futures rise

jueves 17 de marzo de 2016 03:12 GYT
 

(Adds futures prices, company news items)

LONDON, March 17 (Reuters) - European equity futures rose 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.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up by between 0.5-0.8 percent.

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.

The pan-European FTSEurofirst 300 index had closed flat on Wednesday, with the index down by around 7 percent since the start of 2016.

COMPANY NEWS:

EVONIK /AIR PRODUCTS :

Industrial gas producer Air Products & Chemicals Inc is in advanced talks to sell its performance materials operations to Germany's Evonik Industries AG, a source familiar with the matter told Reuters.   Continuación...