European Factors to Watch-Shares to remain pegged back after slump

martes 6 de enero de 2015 02:50 GYT
 

LONDON, Jan 6 (Reuters) - European stocks were set to remain under pressure
on Tuesday, after a sharp drop in the previous session caused by worries over
Greece's future in the euro zone and another drop in oil prices.
    The pan-European FTSEurofirst 300 index fell 2.3 percent on Monday
while the euro zone's blue-chip Euro STOXX 50 index slumped 3.7
percent on fears that a Jan. 25 election in Greece could vault the left-wing
Syriza party into power, raising the risk of a sovereign default. 
    Financial spreadbetters expected Britain's FTSE 100 to open down by
9-13 points, or 0.1-0.2 percent lower. Germany's DAX was seen opening
up by 2 points, flat in percentage terms, while France's CAC was seen up
by 6-8 points, or 0.2 percent higher.
    "There's still three weeks to go before the Greek election but with Syriza
still having a marginal lead in the polls, traders can't help but relive the
nightmares of the euro zone crisis," said Capital Spreads dealer Jonathan
Sudaria.
            
    Europe bourses in 2014: (link.reuters.com/pad95v)
    Asset performance in 2014: (link.reuters.com/rav46v)

 MARKET SNAPSHOT AT 0639 GMT                                 
                                            LAST    PCT CHG  NET CHG
 S&P 500                                2,020.58    -1.83 %   -37.62
 NIKKEI                                16,883.19    -3.02 %  -525.52
                                                                    
 EUR/USD                                  1.1959     0.23 %   0.0028
 USD/JPY                                  118.94    -0.58 %  -0.6900
 10-YR US TSY                              2.023         --    -0.01
 YLD                                                         
 10-YR BUND YLD                            0.507         --    -0.01
 SPOT GOLD                             $1,207.60     0.32 %    $3.90
 US CRUDE                                 $50.03    -0.02 %    -0.01
  > GLOBAL MARKETS-ASIAN SHARES TUMBLE AS OIL GLOOM DEEPENS 
  > US STOCKS-ENERGY SHARES LEAD WALL ST TO WORST DAY SINCE EARLY OCT 
  > NIKKEI TUMBLES 2.6 PCT ON CONCERNS OVER EUROPE, WEAK OIL PRICES 
  > TREASURIES-LONG BOND YIELDS HIT MULTIYEAR LOWS ON SAFETY BUYING 
  > FOREX-EURO STAGGERS IN WOBBLY START FOR 2015, ECB AND GREECE IN FOCUS 
  > PRECIOUS-GOLD PRICES FIRM ABOVE $1,200 ON SAFE-HAVEN BIDS 
  > METALS-LONDON COPPER RISES, SHANGHAI DOWN ON SUPPLY CONCERN 
  > OIL PRICES STEADY AFTER 5 PCT PLUNGE; BRENT HOLDS ABOVE $53 
    
    COMPANY NEWS:
    AREVA :
    The nuclear reactor maker said it signed a contract for about 75 million
euros with Brazilian utility Eletrobras Eletronuclear to supply additional
mechanical and electrical equipment to the Angra 3 nuclear power plant.
 
    
    BANCO ESPIRITO SANTO :
    Britain's Financial Conduct Authority plans to fine the investment banking
unit of the failed Portuguese lender Banco Espirito Santo SA for violating
listing rules, the Wall Street Journal reported, citing two people familiar with
the matter. 
    
    BMW :
    The carmaker reported North America sales up 9.5 percent in December. BMW's
subsidiary Rolls-Royce sold 4,063 cars in 2014, thanks to robust demand in the
United States. 
    
    DAIMLER :
    The carmaker's Mercedes-Benz unit reported U.S. sales up 3 pct in December.
Daimler also unveiled a self-driving concept car at the Consumer Electronics
Show in Las Vegas.  
    
    ROYAL BANK OF SCOTLAND :
    Royal Bank of Scotland Group Plc's deputy chief executive officer, Chris
Sullivan, has left the state-backed British lender earlier than expected,
according to The Telegraph. 
    
    TESCO :
    Supermarket retailer Tesco could close its pension scheme, the Telegraph
reported. 

 (Reporting by Sudip Kar-Gupta; Editing by Atul Prakash)