European Factors to Watch-Shares seen flat to lower
MILAN Nov 30 (Reuters) - European shares were expected to open flat to lower on Monday, following losses in Asia overnight, with investors cautious ahead of a much-anticipated policy decision by the European Central Bank on Thursday.
Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE fell 0.07-0.16 percent.
Asian shares fell on Monday as Chinese stocks extended last week's sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies.
On Friday, the pan-European FTSEurofirst 300 index retreated from a three-month high to end down 0.26 percent at 1,512.31 points.
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