European Factors to Watch-Equity futures rebound up from lows

lunes 18 de enero de 2016 03:20 GYT

(Adds futures prices, company news items)

LONDON Jan 18 (Reuters) - European equity futures rebounded higher on Monday, although world stock markets remained under pressure from a big drop in oil prices which stoked further worries about a global economic downturn.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE 100 were up by between 0.2-0.5 percent.

Oil prices hit their lowest level since 2003 on Monday, as investors braced for a jump in Iranian exports after the lifting of sanctions against the country over the weekend.

The U.N. nuclear watchdog on Saturday said Tehran had met its commitments to curtail its nuclear programme, and the United States immediately revoked sanctions that had slashed Iran's oil exports by around 2 million barrels per day (bpd) since its pre-sanctions 2011 peak to little more than 1 million bpd.

The pan-European FTSEurofirst 300 index closed down 2.8 percent last Friday at its lowest level since mid-December 2014.


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