European Factors to Watch-Futures point to higher open

lunes 22 de febrero de 2016 03:12 GYT

(Adds futures prices)

MILAN Feb 22 (Reuters) - European shares were expected to open higher on Monday following gains in Asia overnight and helped by a recovery in crude oil prices.

Futures for the Euro STOXX 50, Germany's DAX, France's CAC and UK's FTSE were all trading up between 0.7 percent 1 percent by 0711 GMT.

Asian share markets rose on Monday, extending last week's gains, as investors awaited a rush of February industry surveys to take the pulse of the global economy, while sterling stumbled on concerns the UK might yet vote to leave the European Union.

On Friday, the pan-European FTSEurofirst 300 fell 0.7 percent at 1,285.07 points, but gained 4.3 percent since Monday, posting its best week since October 2015.

HSBC will be in focus on Monday after Europe's biggest bank reported a 2015 pretax profit below market expectations, sending its Hong Kong-listed stock in the red.

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