European Factors to Watch-Shares to pause after Greek deal rally
LONDON, July 14 (Reuters) - European stocks were seen opening steady on Tuesday, pausing after a strong four day rally, with investors unsure whether Greece would be able to get the support of its parliament behind a bailout deal designed to avert bankruptcy.
Just hours after agreeing to an austerity package in return for agreeing to talks on an 86 billion euro bailout, doubts were already emerging about whether Tsipras would be able to hold his government together.
The pan-European FTSEurofirst 300 index .FTEU3 rose 1.9 percent to 1,572.05 points on Monday as markets welcomed the initial deal, rising for a fourth straight session. The euro zone's Euro STOXX 50 index .STOXX50E hit a two-week high on Monday and has gained about 9 percent since last Tuesday's close.
On Tuesday, futures for the Euro STOXX 50 STXEc1 , Germany's DAX FDXc1 , France's CAAC FCEc1 and Britain's FTSE FFIc1 were flat to 0.3 percent higher ahead of the cash market open.
COMPANY NEWS
ENI ENI.MI , ENEL ENEI.MI , ACEA ACE.MI , EDISON EDNn.MI
Italy's antitrust said on Monday it was investigating energy companies Acea, Eni, Enel and Edison after receiving numerous complaints about their invoicing methods.
FIAT CHRYSLER AUTOMOBILES FCAU.N FCHA.MI
General Motors Co (NYSE: GM ) and the United Auto Workers on Monday kicked off bargaining that will determine labor costs for the U.S. operations of the Detroit Three, including Fiat Chrysler, with a show of harmony that extended to the blue, open-collar shirts worn by officials on each side.
Healthcare packages and profit-sharing agreements could be revised in talks for new contracts between the UAW and the Big Three U.S. automakers, the Wall Street Journal reported, citing people familiar with the negotiations.
EVONIK EVKn.DE
Private Equity firm CVC Capital Partners CVC.UL has sold about 15 million shares in Evonik for 34.60 euros ($38.05)apiece, JP Morgan JPM.N , which is one of the bookrunners, said on Monday.
ROCKET INTERNET RKET.DE
The emerging markets e-commerce investor plans to sell 550 million euros worth of convertible bonds in a third round of financing just nine months after its initial public offering.
KORIAN KORI.PA
The French operator of care homes for the elderly said PSP Investments had acquired a 14 percent stake in the company.
AEROPORTO BOLOGNA GUGLIELMO MARCONI AGMB.MI
Debuts on main segment Milan Stock Exchange.
FCC FCC.MC
Spanish builder FCC, whose top shareholder is Mexican billionaire Carlos Slim, said on Monday that it could accelerate the departure of CEO Juan Bejar if it finds a successor before Bejar is due to leave at the end of September.
CORTE INGLES
Privately owned Spanish department store chain El Corte Ingles has sold a 10 percent stake for 1 billion euros ($1.1 billion) to Sheikh Hamad Bin Jassim Bin Jaber Al Thani, the former Prime Minister of Qatar, it said on Monday.
ABENGOA ABG.MC
Abengoa and Starwood Energy win a 114 mile transmission line in the southwest of the United States.
PROSEGUR PSG.MC
Spanish security company Prosegur is considering listing about 30 percent of its cash-in-transit unit through an initial public offering in Madrid, Bloomberg reported on Monday, citing unnamed sources with knowledge of the matter.
MAJOR MACROECONOMIC DATA/EVENTS (GMT) ECON :
0600
DE
CPI, HICP
0715
CH
Producer/Import Price
0800
IT
Consumer Prices, CPI
0830
GB
CPI, RPI, PPI
0900
DE
ZEW survey
0900
EZ
Industrial production
1230
US
Import/Export prices, Retail sales
1255
US
Redbook
1400
US
Business Inventories
------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0524 GMT:
LAST PCT CHG NET CHG S&P 500
2,099.60 1.11 %
22.98 NIKKEI
20337.46 1.23 %
247.69 MSCI ASIA EX-JP
460.79 0.02 %
0.09 EUR/USD
EUR=
1.1 -0.02 % -0.0002 USD/JPY
JPY=
123.29 -0.11 % -0.1300 10-YR US TSY YLD
2.432
--
0.00 10-YR BUND YLD
EU10YT=RR
0.850
--
0.00 SPOT GOLD
$1,155.20 -0.21 %
-$2.40 US CRUDE
$51.49 -1.36 %
-0.71
> GLOBAL MARKETS-Asia shares up as Greek deal gets cautious nod
MKTS/GLOB
> US STOCKS-Wall Street rallies on Greek deal; tech stocks jump
.N
> Nikkei climbs to 1-1/2-week high after Greece debt deal
.T
> TREASURIES-Yields rise on Greek deal, corporate bond sale weighs
US/N
> FOREX-Dollar up with Greece off centre stage, safe-haven yen sags
FRX/
> PRECIOUS-Gold drops as focus shifts to looming U.S. rate hike
GOL/
> METALS-Copper holds steady after Greece deal, nickel sinks
MET/L
> Oil prices fall as Iran nuclear deal looks imminent
O/R
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or