European Factors to Watch-Shares seen higher at open with ECB in focus

jueves 21 de abril de 2016 01:46 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 21 (Reuters) - European stocks were seen opening higher on Thursday, with many investors focusing on a European Central Bank (ECB) meeting later in the day at which ECB President Mario Draghi is likely to drive home the case for ultra-loose monetary policy.

Financial spreadbetters at IG expected Britain's FTSE 100 to open up by 15 points, or 0.2 percent higher. Germany's DAX was seen up by 96 points or 0.9 percent higher, while France's CAC was seen up by 36 points, or 0.8 percent higher.

The ECB is widely expected to hold interest rates unchanged at record lows, but Draghi is likely to reinforce his support for its current ultra-loose monetary policy measures, which have provided an element of support for European stocks even in the face of weak European and global economic data.

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