European Factors to Watch-Equity futures rise as Yellen buoys stock markets

miércoles 30 de marzo de 2016 02:09 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 30 (Reuters) - European equity futures rose on Wednesday, tracking gains on Asian and U.S. stock markets after Federal Reserve Chair Janet Yellen called for caution on raising interest rates.

Futures on the Euro STOXX 50, Germany's DAX and France's CAC were up between 0.5-0.6 percent, while Britain's FTSE futures rose 0.8 percent.

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.