European Factors to Watch-Shares seen flat to higher, DAX eyes 10,000 mark

miércoles 28 de mayo de 2014 01:37 GYT
 

LONDON, May 28 (Reuters) - European equities are expected to open flat to
slightly higher on Wednesday, with another record high set by the U.S. S&P 500
index following strong economic data and hopes of further policy easing
by the European Central Bank improving sentiment.
    Data on Tuesday showed that orders for long-lasting U.S. manufactured goods
unexpectedly rose in April, home prices advanced more than expected in March and
consumer confidence rose to near its highest since 2008. 
    Financial spreadbetters predicted Britain's FTSE 100 would open
flat, Germany's DAX to gain 10 to 14 points, or as much as 0.1 percent,
and France's CAC 40 to rise 5 points, or 0.1 percent.
    The FTSEurofirst 300 index of top European shares closed 0.2
percent higher at 1,378.82 points on Tuesday after climbing to its highest since
early 2008, while Germany's DAX rose 0.5 percent after setting a new
record high. The DAX index is just 60 points away from the 10,000 mark.
        
    Europe bourses in 2014: (link.reuters.com/pad95v)
    Asset performance in 2014: (link.reuters.com/rav46v)
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  MARKET SNAPSHOT AT 0525 GMT: 
  
                                              LAST    PCT CHG    NET CHG
 S&P 500                                  1,911.91      0.6 %      11.38
 NIKKEI                                   14695.52      0.4 %         59
 MSCI ASIA EX-JP                            489.88     0.62 %       3.02
 EUR/USD                                    1.3631    -0.01 %    -0.0001
 USD/JPY                                    101.94    -0.03 %    -0.0300
 10-YR US TSY YLD                            2.509         --      -0.01
 10-YR BUND YLD                              1.383         --      -0.01
 SPOT GOLD                               $1,262.96    -0.03 %     -$0.43
 US CRUDE                                  $104.15     0.04 %       0.04
                                                                        
 
  > Asian shares, dollar cheer strong U.S. data, Wall St record    
  > S&P 500 ends at record on mergers, ECB; small caps rise               
  > Nikkei rises on US data; Mitsui Fudosan dives on share issue plan     
  > Long-end prices rise for a 2nd day on month-end support             
  > Dollar clings near 8-week high after rising on upbeat U.S. data     
  > Gold at 3-1/2 month low on strong US data, weak Chinese demand      
  > -LME copper steady at near 3-month high; nickel firms              
  > Brent gains above $110 as U.S. data boosts growth prospects          

 (Reporting by Atul Prakash; Editing by Anupama Dwivedi)