Reuters logo
European Factors to Watch-Futures signal broadly lower open
2014年1月3日 / 早上6点43分 / 4 年前

European Factors to Watch-Futures signal broadly lower open

LONDON, Jan 3 (Reuters) - European shares were expected to open broadly lower on Friday, with investors taking some profits from a 5-1/2-year high and positioning ahead of a busier week that could determine the market’s near-term trading direction.

Most traders return from holidays next week and the U.S. reporting season gets under way. Also due are a U.S. Senate vote on Janet Yellen’s appointment as the Federal Reserve’s next chair, the minutes from the Fed’s last policy meeting and U.S. non-farm payrolls data.

At 0734 GMT, futures for the Euro STOXX 50, Britain’s FTSE 100 and Germany’s DAX were 0.1 to 0.2 percent lower, while France’s CAC futures were up 0.2 percent, a day after the market witnessed a broad sell-off.

The FTSEurofirst 300, which gained 16 percent in 2013, ended its first session of 2014 down 0.8 percent at 1,305.59 points after setting earlier on Thursday its highest since mid-2008. The drop was bigger in the euro zone, with the blue-chip Euro STOXX 50 losing 1.6 percent.

Losses in the first two trading days of the new year were broad-based, with MSCI’s index of Asia-Pacific shares outside Japan shedding 1.2 percent on Friday, with markets from Shanghai to Sydney all in the red.

In the United States, major stock indexes fell 0.8 to 0.9 percent on Thursday on profit-taking.

“I don’t think these losses are anything to be concerned about, despite it being the first time since 2008 that we’ve seen a negative first trading day of the year,” Alpari analyst Craig Erlam said in a morning note.

“This just appears to be a little bit of profit taking after indices in the U.S. ended 2013 at record highs. I still believe January is going to be another good month for the markets, we’ve just had a bit of a rocky start.”

The extent of losses surprised the market as traders and fund managers usually get fresh allocations at the start of the year, which help in pushing the market higher.

Analysts, however, said that the market’s medium-term outlook remained positive due to improving economic conditions especially in Europe and the United States and forecast that equities will recover to set new highs in the coming weeks. ------------------------------------------------------------------------------ > Asia shares roiled by risk aversion; yen rallies > Wall St starts 2014 with drop as investors take profits > U.S. bond prices rise after bleak 2013 > Yen firms vs dollar and euro in short-covering rally > Gold extends gains, climbs to 2-week high as equities soften > LME copper eases from 7-month top, Shanghai falls 0.9 pct > Brent rises toward $108; Libya, US inventories in focus



Britain’s second largest clothing retailer raised its annual profit forecast after fourth quarter sales came in significantly ahead of its previous guidance.


U.S.-listed Kosmos Energy announced it has entered into a rig share agreement with BP and AP Moller Maersk for drilling operations in Morocco.


Sun Life Financial’s holding in the flavours and scents maker rose to just over 10 percent of voting rights, a regulatory filing showed, making it the company’s biggest single shareholding. Related news


British lawmakers criticised government spending of 424 million pounds ($702 million) to stockpile Roche’s medicine Tamiflu, saying doubts about the drug’s effectiveness suggest it may not be money well spent.


French spirits group Remy Cointreau said its Chief Executive Officer Frederic Pflanz has resigned, for personal reasons, after only three months in the job. Pflanz, the company’s former chief financial officer, had been appointed chief executive in June, and formally took the reins on Oct. 1.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below