European Factors to Watch-Shares seen lower on weak China data
MILAN Nov 2 (Reuters) - European shares were seen opening lower on Monday, tracking losses in Asia, as weak Chinese factory surveys fuelled global growth concerns.
Futures on the euro zone's Euro STOXX 50 and on Germany's DAX were both down 0.5 percent, while futures on France's CAC were down 0.9 percent and futures on Britain's FTSE Were down 0.3 percent.
China's factory activity fell for an eighth straight month in October but at a slower pace as export orders flickered into life, a private survey showed on Monday, pointing to continued sluggishness in the world's No. 2 economy.
On Friday, European shares recorded their best month in more than six years, lifted by European Central Bank (ECB) signals on the possibility of stronger stimulus measures.
In an interview over the weekend, ECB chief Mario Draghi said the central bank was ready to do what it takes to keep its medium-term inflation target on course.