European Factors to Watch-Equity futures fall
(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 31 (Reuters) - European equity futures fell on Thursday, with weaker commodity prices expected to weigh on stock markets which rose sharply in the previous session after Federal Reserve Chair Janet Yellen's called for caution in raising U.S. interest rates.
Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were down by 0.4-0.6 percent.
The pan-European FTSEurofirst 300 index closed up 1.3 percent on Wednesday, after Federal Reserve Chair Janet Yellen's call for caution in raising U.S. interest rates buoyed global stock markets.
German insurer Allianz ALVG.DE is looking to sell a $5 billion portfolio of life insurance policies in Italy, sources familiar with the matter said on Wednesday.