European Factors to Watch-Shares seen higher at open

lunes 25 de enero de 2016 02:16 GYT
 

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LONDON Jan 25 (Reuters) - European stocks were seen opening higher on Monday, helped by gains on Asian markets and another rebound in oil prices.

Financial spreadbetters at IG expected Britain's FTSE 100 to open up by 38 points, or 0.6 percent higher. Germany's DAX was seen up by 73 points, or 0.8 percent higher, while France's CAC 40 was seen up by 29 points, or 0.7 percent higher.

The pan-European FTSEurofirst 300 index closed up 3 percent on Friday, with the index also marking its first weekly rise of the year last week, and that momentum was expected to continue at the start of trading on Monday.

Asian stocks on Monday moved further away from four-year lows struck last week, as a cold spell in parts of the northern hemisphere pushed oil prices higher and relieved some of the bearish pressure on global markets.

World equities also took heart from the European Central Bank last week signalling additional monetary easing steps to come, raising hopes that other central banks, like the Bank of Japan, would take the same path.

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