European Factors to Watch-Futures higher ahead of new-year open

viernes 2 de enero de 2015 03:30 GYT

LONDON Jan 2 (Reuters) - Ahead of Europe's first full trading day of the new year on Friday, futures contracts on European equities were flat to 0.7 percent higher for the Euro STOXX 50, France's CAC 40 and Germany's DAX.

The euro fell to its lowest level in 4-1/2 years versus the dollar on Friday, after the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month.

The prospect of more stimulus measures from the ECB had helped European shares post an annual gain for 2014, with pan-European equity indexes ending Wednesday in positive territory after a turbulent year.

The following are some of the factors that may move European stocks on Friday:

COMMERZBANK Germany's second-largest lender still aims for a return on equity (ROE) of more than 10 percent in its core business by 2016, its chief executive told a German paper.

SIEMENS China's top two trainmakers said on Tuesday that they will merge, creating a $26 billion company able to compete with the likes of Germany's Siemens and Canada's Bombardier for global rail deals.   Continuación...