European Factors to Watch-Equity futures rise

martes 3 de noviembre de 2015 03:24 GYT

(Adds more company news items)

LONDON Nov 3 (Reuters) - European equity futures rose on Tuesday, building on momentum from the previous session that was driven by solid regional economic data and expectations of monetary support from the European Central Bank (ECB).

Futures for the euro zone's blue-chip Euro STOXX 50 and Germany's DAX futures rose 0.1 percent. France's CAC futures rose 0.2 percent while Britain's FTSE 100 futures advanced 0.4 percent.

Technology shares could get a boost after the U.S. technology-dominated Nasdaq index on Monday closed at its highest level in more than 15 years.

However, Volkswagen shares could come under pressure after U.S environmental regulators said late on Monday that VW used devices to cheat air pollution tests in diesel luxury vehicles.

European shares had a positive start to the week on Monday after business surveys (PMIs) from around the euro zone beat expectations, while Commerzbank's better-than-expected results brightened a mixed picture for earnings season.

Traders also noted supportive comments from the European Central Bank (ECB) after its president, Mario Draghi, said in an interview over the weekend that it was ready to do what it takes to keep its medium-term inflation target on course.

------------------------------------------------------------------------------ > GLOBAL MARKETS-Asian stocks break 5-day losing streak but outlook wary > US STOCKS-Wall St climbs, led by energy, healthcare; Nasdaq 100 hits 15-year high > TREASURIES-Yields rise on continued bets on Fed rate hike in Dec. > FOREX-Dollar treads water, Aussie edges up after RBA stands pat > PRECIOUS-Gold stuck near 4-week low on U.S. rate hike view > METALS-Copper gains on China data, aluminium up on Alcoa cut > Crude oil prices remain under pressure from oversupply