European Factors to Watch-Equity futures dip lower
(Updates futures prices, detail, company news items)
LONDON Jan 21 (Reuters) - European equity futures dipped lower on Thursday as initial gains on Asian stocks fizzled out, with weak oil prices expected to maintain negative pressure on world markets.
Futures on the Euro STOXX 50, Germany's DAX and France's CAC all fell by between 0.1-0.4 percent. Britain's FTSE 100 futures edged up by 0.2 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan slipped again and Japan's Nikkei average closed 2.4 percent weaker after having initially risen in the morning session on Thursday.
Investors also awaited a policy meeting of the European Central Bank, which is expected to keep interest rates on hold but highlight increasing growth and inflation risks, raising the prospect of further policy easing later this year.
The ECB is likely to warn that inflation could stay ultra-low longer than an already downbeat forecast pegged on plunging oil prices, weak Chinese growth and the lack of decisive fiscal policy action at home.
On Wednesday, the pan-European FTSEurofirst 300 index fell 3.3 percent to its lowest level since October 2014. The euro zone's blue-chip Euro STOXX 50 index also dropped by a similar amount.
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