European Factors to Watch-Equity futures fall sharply

lunes 4 de enero de 2016 03:14 GYT

(Adds futures prices, company news items)

LONDON Jan 4 (Reuters) - European equity futures fell sharply on Monday, as weak Chinese economic data weighed on world stock markets.

Futures on the Euro STOXX 50 and German DAX fell between 2.1-2.5 percent, while futures on Britain's FTSE and France's CAC fell between 1.2-1.4 percent.

China's factory activity contracted for the 10th straight month in December and at a sharper pace than in November, a private survey showed, dampening hopes that the world's second-largest economy will enter 2016 on a more stable footing.

The weak data caused Chinese and Asian shares to slump, with China's benchmark CSI300 share index tumbling 7 percent on Monday, prompting the stock exchange to halt trading for the rest of the day.



Adidas expects to have achieved record sales in China of more than 2 billion euros ($2.2 billion) in 2015, Germany's Sueddeutsche Zeitung newspaper cites company CEO Herbert Hainer as saying in an interview. On 2016 in general, Hainer said: "I am very confident; our order books for the first half of 2016 are full. The group is again planning a clear increase in sales and earnings."   Continuación...