European Factors to Watch-Equity futures rise with ECB in focus

jueves 21 de abril de 2016 02:04 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 equity futures rose 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.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up between 0.3-0.5 percent.

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.

The pan-European FTSEurofirst 300 index closed up 0.5 percent on Wednesday, although the index remains down around 4 percent so far in 2016.



Swiss biotechnology firm Actelion on Thursday upped its 2016 guidance on the back of a strong start for its new pulmonary arterial hypertension (PAH) medicine Uptravi.   Continuación...