European Factors to Watch-Shares seen opening higher

martes 16 de febrero de 2016 02:14 GYT

LONDON Feb 16 (Reuters) - European stocks were seen opening higher on Tuesday, tracking gains in Asian and U.S. equities while a rebound in oil prices also supported markets.

Financial spreadbetters expected Britain's FTSE 100 to open up by 24-26 points, or 0.4-0.5 percent higher. Germany's DAX was seen opening up by 62-65 points, or 0.7 percent higher, while France's CAC was seen up by 23-27 points, or 0.6-0.7 percent higher.

The pan-European FTSEurofirst 300 index rose sharply for the second consecutive session on Monday, closing up 2.9 percent as banking and telecoms stocks rose.

Telecoms stocks could again come into focus after British phone network operator Vodafone Plc and John Malone's cable company Liberty Global Plc agreed late on Monday to combine their operations in the Netherlands for a better footing in the local market.

Traders said European equities had been further supported by European Central Bank (ECB) president Mario Draghi reiterating on Monday that the ECB was ready to act in March if inflation expectations remain weak.



Deutsche Bank employees alleged to have evaded tax when buying and selling carbon emission certificates had concerns over whether their trading activity was legal but carried on anyway to maximize profits, a Frankfurt court heard on Monday.   Continuación...