European Factors to Watch-Shares seen extending rally, focus on earnings

viernes 26 de febrero de 2016 03:57 GYT
 

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LONDON Feb 26 (Reuters) - European shares were expected to extend the previous session's rally on Friday, tracking gains on Wall Street and in Asia, with stronger metals prices and some positive company earnings seen supporting the market.

Futures for the Euro STOXX 50, Germany's DAX , France's CAC and Britain's FTSE were up by 0.9 to 1.3 percent.

The pan-European FTSEurofirst 300 index ended up 2 percent at 1,284.58 points in the previous session.

Investors will keep a close eye on earnings reports for hints about the market's direction in the near term. Among major results, state-backed Royal Bank of Scotland reported its eighth straight full-year loss of 1.97 billion pounds ($2.75 billion).

COMPANY NEWS

ROYAL BANK OF SCOTLAND

State-backed bank on Friday reported its eighth straight full-year loss of 1.97 billion pounds ($2.75 billion). However, the loss was 43 percent smaller than the bank's loss of 3.47 billion pounds for the previous year.   Continuación...