European Factors to Watch-Shares seen steadying at open

miércoles 9 de julio de 2014 02:16 GYT
 

(Adds futures prices)

LONDON, July 9 (Reuters) - European equity futures rose on Wednesday, pointing to a steadier open for the stock markets after losses in the previous session, with many investors awaiting the minutes of the U.S. Federal Reserve's last policy meeting for clues on when interest rates may rise.

The euro zone's Euro STOXX 50 futures contract was up by 0.2 percent by 0615 GMT. Germany's DAX futures rose 0.1 percent while France's CAC futures advanced 0.2 percent.

"You tend to get an up move after a good sell-off, but I'd still be selling any strength on the stock markets for now," said Darren Courtney-Cook, head of trading at Central Markets Investment Management.

European equities fell on Tuesday to continue a slight pullback after many of the region's stock markets had hit multi-year highs in June.

Asian stocks extended losses to a one-week low on Wednesday after China's consumer inflation cooled slightly more than expected in June, pointing to lingering weakness in the economy.

However, on a more positive note U.S. aluminum company Alcoa kicked off the latest earnings season with quarterly results that beat analysts' expectations.

Europe bourses in 2014: (link.reuters.com/pad95v)

Asset performance in 2014: (link.reuters.com/rav46v) ------------------------------------------------------------------------------ > GLOBAL MARKETS-ASIAN STOCKS EXTEND DROP AFTER COOL CHINA PRICE DATA   Continuación...