🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

European Factors to Watch-Equity futures rise

Published 02-12-2015, 12:51 pm
Updated 02-12-2015, 01:00 pm
© Reuters.  European Factors to Watch-Equity futures rise
EUR/USD
-
UK100
-
FCHI
-
DE40
-
TLIT
-
STLAM
-
ACCP
-
BNPP
-
ORAN
-
ALSO
-
VLOF
-
MS
-
DE30
-
HG
-
UK100
-
F40
-
EU50
-
BOSH
-
VOWG_p
-
BBDb
-
ABGek
-

(Adds futures prices, more company news items)

LONDON, Dec 2 (Reuters) - European equity futures rose on Wednesday, a day ahead of a key European Central Bank (ECB) meeting at which the ECB is expected to unveil new economic stimulus measures.

Futures for the Euro STOXX 50 STXEc1 , Germany's DAX FDXc1 , France's CAC FCEc1 and Britain's FTSE 100 FFIc1 were all up by between 0.4-0.5 percent.

Investors are pricing in a deposit rate cut and an increase in the size, scope and length of the trillion-euro bond-buying programme at the ECB meeting on Thursday, and this has put pressure on the euro EUR= whose weakness has in turn given European exporters such as carmakers and luxury goods stocks a lift.

------------------------------------------------------------------------------

COMPANY NEWS:

ABENGOA ABGek.MC :

Spanish renewable energy and engineering group Abengoa ABGek.MC faces a civil lawsuit after shareholders accused the indebted company of keeping them in the dark when it last week initiated insolvency proceedings.

ACCORHOTELS ACCP.PA :

The chief executive of AccorHotels ACCP.PA told BFM that the Paris attacks earlier this month had a "real economic impact", adding that he had noted a drop in last-minute bookings.

ALSTOM ALSO.PA :

French train maker Alstom ALSO.PA should use the proceeds of the sale of its energy unit to make acquisitions abroad and could consider a tie-up with Canadian rival Bombardier BBDb.TO , French Economy Minister Emmanuel Macron said on Tuesday.

CVC/RAC:

Private equity firm CVC Capital Partners Ltd is expected to announce a 2.2 billion euro ($2.34 billion) deal to take a majority stake in RAC Ltd, Britain's second-largest roadside recovery group, Sky News reported.

EDAG:

German automotive engineering group Edag EDAG.UL has priced its initial public offer at the bottom of its prospective price range, the company said on Tuesday, raising some 191 million euros for its owner.

FIAT CHRYSLER FCHA.MI :

New car sales in Italy, Europe's fourth-largest car market, rose 23.47 percent in November from the same month a year ago to 134,021 vehicles, the transport ministry said on Tuesday. Fiat Chrysler Automobiles' FCHA.MI share of the Italian market stood at 27.85 percent in November, compared with 27.6 percent the previous month, according to calculations done by Reuters.

ORANGE ORAN.PA /TELECOM ITALIA TLIT.MI :

French telecoms group Orange ORAN.PA has hired investment banks Morgan Stanley (N:MS) MS.N and BNP Paribas BNPP.PA to assess the merits of doing a deal with other network operators in Europe, including Telecom Italia TLIT.MI , two sources with direct knowledge of the matter said.

VALEO VLOF.PA :

BNP Paribas has launched the sale of around 1.3 million Valeo shares, representing 1.7 percent of Valeo's capital through an accelerated bookbuild offering to institutional investors. The sale is part of the hedging of a derivative transaction entered into with BpiFrance Participations.

VOLKSWAGEN VOWG_p.DE /ROBERT BOSCH:

German auto supplier Robert Bosch (NS:BOSH) GmbH ROBG.UL has been accused of conspiring with Volkswagen AG VOWG_p.DE to evade diesel emissions standards in at least 11 million vehicles worldwide in a class action lawsuit filed late on Monday.

> GLOBAL MARKETS-Asia stocks wary, dollar knocked after weak U.S. data MKTS/GLOB

> US STOCKS-Wall St gains with healthcare, upbeat auto sales .N

> Nikkei flat in choppy trade .T

> TREASURIES-U.S. bond prices rise on disappointing data US/N

> FOREX-Dollar takes breather after downbeat data, euro fragile ahead of ECB FRX/

> PRECIOUS-Gold clings to gains, but outlook bearish ahead of US jobs GOL/

> METALS-London copper down on bleak demand view, short covering risk seen MET/L

> Oil prices fall on rising U.S. stockpiles, weak China outlook O/R

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.