European Factors to Watch-Shares expected to be steady at open
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LONDON Dec 30 (Reuters) - European stocks were seen steady at the open on Wednesday, although a pullback in oil prices could weigh on the shares of energy companies.
Financial spreadbetters at IG expected Britain's FTSE 100 to open down 15 points, or 0.2 percent lower. Germany's DAX and France's CAC were expected to open flat in percentage terms, with the DAX seen down by 2 points while the CAC was seen down by 6 points.
Crude oil futures fell around half a dollar early on Wednesday as the market remained under pressure from slowing demand and high supplies, while forecasts that a cold snap in Europe and the United States would be short-lived also hurt prices.
The pan-European FTSEurofirst 300 index closed up 1.5 percent on Tuesday, helped partly by a rise in banking shares.
Barclays Plc will pay more than $13.75 million to settle U.S. regulatory charges that it let retail brokerage customers make unsuitable mutual fund transactions, including more than 6,100 fund switches, over a five-year period. Continuación...