European Factors to Watch-Indexes seen pausing; auto stocks in focus
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LONDON, March 17 (Reuters) - European shares were seen opening little changed on Tuesday, with main regional indexes pausing at multi-year highs after a rally in the previous session.
Futures for the Euro STOXX 50 equity index, Britain's FTSE 100 , Germany's DAX and France's CAC were between flat to 0.1 percent lower at 0725 GMT.
Auto stocks were set to be in focus after industry data showed new car registrations in Europe rose 7 percent in February, with demand shifting from no-frills makes like Dacia toward mass market brands like Volkswagen and Renault. Shares in VW were seen opening 1.2 percent higher.
Shares in Hugo Boss were seen falling nearly 3 percent at the open after European private equity fund Permira placed close to 12 percent of the fashion brand shares for 113 euros apiece, fetching around 950 million euros.
Lufthansa was expected to open 0.9 percent lower after German pilots' union Vereinigung Cockpit said it would take strike action against Lufthansa on Wednesday March 18, targeting the airline's short- and medium-haul flights.
Elsewhere, British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon.
Attention will turn to the macro economic diary at 1000 GMT, when the ZEW survey is expected to show an improvement in German economic sentiment this month.
The final euro zone inflation reading for February was forecast to confirm that consumer prices in the 19 countries sharing the euro dropped 0.3 percent year-on-year. Continuación...