European Factors to Watch-Shares seen mixed, central bank speeches in focus

viernes 20 de noviembre de 2015 03:25 GYT
 

LONDON Nov 20 (Reuters) - European stocks were set to open mixed on Friday after a top index hit a three month high in the previous session, with focus on speeches by several European and U.S. central bankers.

Futures for the Euro STOXX 50, Germany's DAX, France's and Britain's FTSE 100 were between 0.1 percent lower to 0.1 percent higher.

The pan-European FTSEurofirst 300 hit its highest level since August 19 on Thursday, before easing back to close 0.4 percent higher.

Several officials from the European Central Bank, including ECB President Mario Draghi, are due to give speeches on Friday, while officials from the U.S. Federal Reserve are also speaking.

"Traders will be eager to dissect key speeches from Draghi and the Fed later today," Jonathan Sudaria, trader at London Capital Group, said in a note.

"Although policy is diverging between the ECB and the Fed, traders will looking to ascertain how big any future stimulus plans will be from the ECB whilst (hopefully) finding out how slow and drawn out the Fed's tightening plans are."

While the earnings calendar was thin on Friday, there were further developments in the Volkswagen scandal, as sources said U.S. authorities were investigating German auto supplier Robert Bosch GmbH over its role in VW's massive scheme to cheat U.S. emission standards.

In other company news, airline Air France said it had experienced some reduction in traffic following last Friday's Paris attacks, but it was too early to say how severe the impact on bookings will be.

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