European Factors to Watch-Shares seen opening edging lower

martes 22 de marzo de 2016 03:42 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON, March 22 (Reuters) - European equities headed for a slightly weaker open on Tuesday, with a fall in metals prices following a rise in the dollar seen putting some pressure on resource-related stocks.

Futures for the Euro STOXX 50, Germany's DAX and France's CAC were down 0.1 to 0.3 percent, while futures for Britain's FTSE were flat.

The dollar held firm, retaining its rebound from a five-month low, as two Federal Reserve officials supported an interest rate hike in coming months.

Atlanta Fed President Dennis Lockhart said late on Monday that there was sufficient economic momentum to justify a further rate hike "possibly as early as the meeting scheduled for end of April", while San Francisco Federal Reserve Bank President John Williams told Market News International that April or June would be "potential times for a rate hike".

A firmer dollar generally makes commodities costlier for holders of other currencies and hurts demand.

Futures turned slightly lower after Belgian media reported that two explosions occurred in the departure hall of Brussels airport on Tuesday morning.

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