European Factors to Watch-Euro zone shares seen rising for 4th day

miércoles 26 de noviembre de 2014 03:49 GYT

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LONDON Nov 26 (Reuters) - Euro zone equity indexes were set to rise at the open on Wednesday, taking their cue from gains in Asian markets and setting some regional indexes on track for a fourth straight day of gains.

At 0749 GMT, futures for the Euro STOXX 50 equity index, Germany's DAX and France's CAC were between 0.3 percent and 0.5 percent higher, mirroring gains in Asian indexes.

The indexes have been rising every day since European Central Bank President Mario Draghi opened the door to more aggressive asset purchases and China cut interest rates on Friday, boosting the attractiveness of assets which depend on economic growth and offer higher yields than government bonds, such as stocks.

"Sentiment is bullish," Markus Huber, a senior trader at Peregrine & Black, said.

"We're long the DAX because America has outperformed hugely and even though growth there is strong that is already in the price whereas in Germany there's more to come."

Among single stocks, Germany's Deutsche Bank was indicated 1.1 percent higher after Fitch affirmed the lender's rating with "A+", albeit with a negative outlook.

British holiday company Thomas Cook was seen opening as much as 10 percent lower after it said its chief executive Harriet Green was stepping down, two years after leading a turnaround of the group.

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