European Factors to Watch-Equity futures rise

viernes 4 de marzo de 2016 03:21 GYT
 

(Adds futures prices, company news items)

LONDON, March 4 (Reuters) - European equity futures rose on Friday, with gains on Asian and U.S. markets expected to allow European stock markets to regain their rising momentum.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up by between 0.5-0.7 percent.

The pan-European FTSEurofirst 300 index fell 0.5 percent on Thursday, although the index has risen for five of the last six sessions.

After a turbulent start to the year due to worries about global growth and the health of the banking sector, European stock markets have had a recent rally as oil prices recovered and fears over a U.S. economic slowdown abated.

Many traders will be focusing on U.S. employment data due at 1330 GMT.

U.S. employers likely stepped up hiring in February, in a sign of labor market strength that could further ease fears the economy is heading into recession and allow the Federal Reserve to gradually raise interest rates this year.

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