European Factors to Watch-Paris seen leading sell-off after attacks

lunes 16 de noviembre de 2015 03:15 GYT

(Adds company news items)

MILAN Nov 16 (Reuters) - European stocks were seen opening sharply lower on Monday with French shares leading the sell-off as Friday's deadly attacks in Paris spark a flight to safety assets.

The events in Paris are likely to put consumer goods or tourism stocks particularly under pressure as the attacks weigh on people's confidence in the short term, but that could reinforce the ECB's resolve to ease monetary policy.

Futures for the France's CAC were down 1.9 percent, futures for the Euro STOXX 50 fell 1.7 percent and futures for Germany's were down 1.8 percent. Futures for Britain's FTSE 100 dropped 1.1 percent.

French financial markets will open as usual on Monday.

Asian stocks fell to six-week lows on Monday and emerging market currencies wilted as investors sought the safety of the greenback in the wake of Friday's attacks and downbeat economic data.

On Friday, pan-European FTSEurofirst 300 index fell, to record its worst weekly loss in around two months, weighed down by some weak corporate earnings.

COMPANY NEWS   Continuación...