European Factors to Watch-Equity futures fall

miércoles 8 de junio de 2016 02:23 GYT
 

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report)

LONDON, June 8 (Reuters) - European equity futures fell on Wednesday, with markets impacted by mixed Chinese economic data, while the World Bank also cut its economic growth forecast.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all down by between 0.1-0.3 percent.

Chinese dollar-denominated exports fell 4.1 percent in May from a year earlier, compared with an expected drop of 3.6 percent, and this weighed on the minds of some investors, although imports fell less than forecast and China's central bank still saw economic growth of 6.8 percent this year.

The World Bank also slashed its 2016 global growth forecast to 2.4 percent from the 2.9 percent estimated in January due to stubbornly low commodity prices, sluggish demand in advanced economies, weak trade and diminishing capital flows.

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