European Factors to Watch-Indexes seen opening a touch higher

miércoles 7 de enero de 2015 03:37 GYT
 

(Adds further company news)
    LONDON, Jan 7 (Reuters) - European shares were expected to halt a two-day
slide at the open on Wednesday, with British supermarket Sainsbury's 
tipped to be among top gainers after a strong performance in the Christmas
quarter.
    Futures for the Euro STOXX 50 equity index, Germany's DAX 
and France's CAC were up between 0.3 percent and 0.6 percent at 0735
GMT, recouping a tiny fraction of their steep falls since the start of the week.
    Shares in Sainsbury's were indicated to open up by between 3 percent and 5
percent, traders said, after the group reported a better than expected
performance in the Christmas quarter.
    Supporting sentiment in the broader market, German retail sales rose one
percent in November, beating expectations for a flat reading, data from
Germany's Federal Statistics office showed on Wednesday. 
    All eyes were on euro zone inflation data for December due at 1000 GMT,
expected to show the first annual fall in consumer prices since 2009. This was
seen piling pressure on the European Central Bank to launch all-out quantitative
easing at its next policy meeting on Jan 22.
    The broad FTSEurofirst 300 index of pan-European shares closed down 0.7
percent on Tuesday, taking its loss since the start of the week to 2.9 percent.
    
    COMPANY NEWS:     
    SAINSBURY 
    British grocer Sainsbury's posted a better than expected performance in the
Christmas quarter, though it was still hurt by a loss of share to discounters
and an intensifying industry price war. 
      
    AIRBUS  
    Airbus beat U.S. rival Boeing in aircraft orders in 2014, maintaining
a lead in new business despite lagging in deliveries, a person familiar with the
matter said on Tuesday. 
    
    EASYJET 
    Budget airline easyJet reported a 3.2 percent rise in December passenger
numbers. 
    
    RYANAIR  LUFTHANSA 
    Budget airline Ryanair wants to challenge Germany's Lufthansa in its home
market, its chief executive was quoted as saying, as he predicted the domestic
airline would fail in its bid to build a low cost business. 
    
    BUREAU VERITAS 
    The French testing and inspection company has finalised the acquisition of a
70 percent stake in China's Shandong Chengxin Engineering Consulting &
Supervision Co Ltd, a company with 2014 revenue of around 40 million euros.
 
    
    ROYAL DUTCH SHELL 
    The oil major will pay out 55 million pounds ($83.4 million) in compensation
for two oil spills in Nigeria in 2008 after agreeing a settlement with the
affected community. 
    
    REPSOL 
    Repsol is among the partners of Argentinian oil company Pluspetrol in Peru
that have launched a tender to sell 300,000 barrel cargoes of natural gasoline
for delivery from Jan.20 to Feb. 5, according to a document seen by Reuters on
Tuesday 
    
    GLENCORE 
    Resources group Glencore International said on Wednesday it was seeing
little impact on its operations from heavy rains sweeping through parts of
Australia's Mount Isa region, where it mines and processes base metals.
 
    
    AGGREKO 
    Power generator company Aggreko announced new contract wins. 
    
    CLUB MED 
    The CEO of the holiday group told French daily Le Figaro that the target of
a takeover bid by a consortium led by Chinese conglomerate Fosun was
not turning its back on France, which will remain its number one market. The
board of Club Med is expected to back an offer from the consortium this week.   
  
    
    DAIMLER AG 
    Mercedes-Benz will move its U.S. headquarters to Atlanta from northern New
Jersey, affecting about 1,000 employees, the company said on Tuesday.
    
     
    BARCLAYS PLC 
    The British bank's non-core business head Eric Bommensath will retire and
leave later this year after 17 years at the institution, according to a report
by Sky News. 
    
    UK BANKS
    Some of Britain's big banks said when they were recapitalised five years ago
they should be blocked from paying dividends if they took a bailout from the
government, according to Bank of England meeting minutes from the time.
    
    
    
    MAJOR MACROECONOMIC DATA/EVENTS (GMT)  :
    0855 DE Undemployment Dec
    1000 EZ Inflation Dec
    1315 US ADP National Employment Dec
    1330 US International Trade Nov
------------------------------------------------------------------------------
  MARKET SNAPSHOT AT 0622 GMT:
        
                                                 LAST    PCT CHG       NET CHG
 S&P 500                                     2,002.61    -0.89 %        -17.97
 NIKKEI                                      16885.33     0.01 %          2.14
 MSCI ASIA EX-JP                               458.51    -0.05 %         -0.24
 EUR/USD                                       1.1873    -0.13 %       -0.0015
 USD/JPY                                       118.96     0.48 %        0.5700
 10-YR US TSY YLD                               1.951         --         -0.01
 10-YR BUND YLD                                 0.448         --         -0.01
 SPOT GOLD                                  $1,214.80     -0.3 %        -$3.65
 US CRUDE                                      $47.34    -1.23 %         -0.59
 
  > EURO HITS FRESH LOW BEFORE INFLATION TRIAL, BONDS BOOM         
  > US STOCKS-WALL ST ENDS DOWN 5TH SESSION; OIL PRICES FALL FURTHER      
  > NIKKEI SET TO SNAP 4-DAY LOSING STREAK, BOJ DEMAND SUPPORTS           
  > LONG BOND YIELD NEARS LANDMARK LOW AMID GLOBAL GROWTH WORRIES       
  > EURO BUFFETED AHEAD OF INFLATION DATA, DOLLAR BOUNCES VS YEN        
  > SAFETY BIDS KEEP GOLD NEAR 3-WEEK HIGH AS STOCKS TUMBLE             
  > LONDON COPPER STUCK NEAR 4-1/2-YEAR LOWS ON OIL ROUT; EYES $6,000  
  > OIL PRICES REMAIN WEAK ON SUPPLY GLUT, LOW ASIAN AND EUROPEAN GROWTH 

 (Reporting by Francesco Canepa; Editing by Sudip Kar-Gupta)