European Factors to Watch-European shares seen opening higher
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MILAN Oct 30 (Reuters) - European shares were seen opening higher on Friday, following gains in Asia overnight as investors shrugged off a decision by the Bank of Japan to keep monetary policy steady.
Futures on the euro zone's Euro STOXX 50, Germany's DAX, France's CAC were up 0.3 to 0.4 percent.
The BOJ held off on expanding its massive stimulus programme on Friday, preferring to preserve its dwindling policy options in the hope that the economy can overcome the drag from China's slowdown without additional monetary support. But the bank is likely to remain under pressure to expand its asset-buying programme as inflation remains short of its target.
"Overnight the BoJ held fie on fresh stimulus but the weakening economic indicated that the trigger has merely been postponed," said Jonathan Sudaria, night dealer at London Capital Group.
The pan-European FTSEurofirst 300 index ended down 0.04 percent on Thursday but is up more than 8 percent so far in October, as the European Central Bank has signalled the possibility of stronger stimulus measures.