European Factors to Watch-Equity futures rise

jueves 14 de abril de 2016 02:18 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, April 14 (Reuters) - European equity futures rose on Thursday, with gains on Asian and U.S. markets expected to keep European equities near their highest level in a month.

Futures on the Euro STOXX, Germany's DAX, France's CAC and Britain's FTSE were up by between 0.2-0.5 percent.

Asian shares climbed on Thursday after monetary policy easing measures from Singapore boosted stock markets in the region.

The pan-European FTSEurofirst 300 index rose 2.6 percent on Wednesday to reach its highest level since mid-March.

COMPANY NEWS:

CASINO :

Retailer Casino posted forecast-beating first-quarter sales on Thursday that reflected an improved performance in its core French market thanks to cost cuts, while a decline in consumer electronics demand in recession-hit Brazil slowed. Casino has come under pressure from U.S. activist investor Muddy Waters and ratings agency Standard & Poor's, which cut its debt to junk status last month due notably to weakness in Brazil.

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