European Factors to Watch-Shares seen opening higher

miércoles 15 de junio de 2016 01:23 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 15 (Reuters) - European stocks were seen opening higher on Wednesday, marking a slight stabilisation after five previous sessions of losses that were caused by nervousness before next week's vote in Britain on its European Union membership.

Financial spreadbetters at IG expected Britain's FTSE 100 to open up by 17 points, or 0.3 percent higher. Germany's DAX was seen up by 50 points, or 0.5 percent higher, while France's CAC was seen up by 18 points, or 0.4 percent higher.

The pan-European FTSEurofirst 300 index fell 1.9 percent on Tuesday to 1.260,14 points, its lowest closing level since Feb. 24.

Uncertainty surrounding Britain's June 23 vote on whether or not to stay in the European Union, dubbed as 'Brexit', is likely to feature among the reasons as to why the U.S Federal Reserve is expected to keep interest rates unchanged on Wednesday.

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