European Factors to Watch-Equity futures rise

miércoles 15 de junio de 2016 02:14 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 equity futures 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.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all up between 0.4-0.9 percent.

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.

Those concerns have driven investors over to safe-haven assets such as the German bund in recent sessions.


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