May 9, 2016 / 5:16 AM / 2 years ago

European Factors to Watch-Shares seen opening higher

(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)

MILAN, May 9 (Reuters) - European stocks were seen opening higher on Monday.

Financial spreadbetter IG expected Britain’s FTSE 100 to open 38 points higher, or 0.6 percent, and Germany’s DAX to open 55 points higher, or 0.6 percent.

——————————————————————————————————————— MARKET SNAPSHOT AT 0510 GMT: > Asia stocks weaker after soft U.S. jobs, China trade data > Wall St ends up after jobs report; S&P down for 2nd week > Nikkei rises, snaps 6-day losing streak as yen’s rise pauses > Yields rise on signs of wage growth, Fed comments > Dollar firmer vs yen, Aussie unfazed by weak China trade data > Gold slips as dollar holds firm after U.S. jobs data > Copper strikes 4-week trough as dollar stands tall > Oil jumps on Canadian wildfire outages, markets eye Saudi reshuffle

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). In a real-time, multimedia format from 0600 London time through the 1630 closing bell, it will include the best of our market reporting, Stocks Buzz service, Eikon graphics, Reuters pictures, eye-catching research and market zeitgeist. Breaking news and dramatic market moves will continue to be alerted to all clients and we will continue to provide a short opening story and comprehensive closing reports.

If you have any thoughts, suggestions or feedback on this, please email

Mike Dolan, Markets Editor EMEA.

Reporting by Danilo Masoni

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