European Factors to Watch-Futures point to steady open

viernes 19 de febrero de 2016 03:20 GYT
 

(Adds futures prices, details)

MILAN Feb 19 (Reuters) - European shares were seen opening little changed on Friday after hitting two week highs in the previous session, as oil prices fell back following a strong rally on fresh concerns over a global supply glut.

Futures for the Euro STOXX 50, Germany's DAX, France's CAC and UK's FTSE were trading between flat and a 0.1 percent fall.

Asian shares slipped from near three-week highs on Friday as a rally in oil prices reversed and investors remained cautious about the outlook for the global economy.

On Thursday, the pan-European FTSEurofirst 300 index fell 0.1 percent at 1,293.92 points, having touched 1,304.97 points earlier in the session - its highest level since Feb. 4.

Shares in Allianz are indicated lower after the German insurer missed profit and dividend epectations but unveiled a 2016 operating profit target of up to 11.0 billion euros that was in line with analysts' expectations.

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