European Factors to Watch-Shares seen opening higher
(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 30 (Reuters) - European stocks were seen opening higher on Wednesday, tracking gains on Asian and U.S. markets after Federal Reserve Chair Janet Yellen called for caution on raising interest rates.
Financial spreadbetters expected Britain's FTSE 100 to open up by 39 points, or 0.6 percent higher. Germany's DAX was seen up by 47 points, or 0.5 percent higher, while France's CAC was seen up by 20 points, or 0.5 percent higher.
Yellen said on Tuesday that the U.S. central bank should proceed only cautiously as it looks to raise interest rates, pushing back on a handful of her colleagues who have suggested another move may be just around the corner.
French transport group Alstom said on Tuesday it wanted 30 percent of orders to come from newly developed products by 2020, a horizon by which sales are expected to grow by five percent annually.