European Factors to Watch-Equity futures slightly down

lunes 16 de mayo de 2016 02:28 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) Adds future prices, details)

MILAN May 16 (Reuters) - European shares were expected to open slightly lower on Monday, following weaker than expected Chinese data over the weekend.

Volumes could be lower because the Frankfurt Stock Exchange is closed for Whit Monday.

Futures on the Euro STOXX 50, France's CAC and Britain's FTSE were all down by 0.3-0.4 percent at 0615 GMT.

Indicators released on Saturday showed China's investment, factory output and retail sales all grew more slowly than expected in April, raising fears that a bounce seen in March is fizzling.

On Friday, the pan-European FTSEurofirst 300 index rose 0.6 percent, reversing earlier losses buoyed by strong U.S. retail sales data.

In Asian trading on Monday, the U.S figures offset some of the worries over the Chinese economic data, helping Japanese stocks rise.

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