European Factors-Shares seen trimming Friday's gains

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Mon Dec 7, 2009 1:23am EST

 PARIS, Dec 7 (Reuters) - European equities were set to dip
on Monday, as investors take a breather following sharp gains in the previous
session sparked by better-than-expected U.S. monthly jobs figures.
 UK banks will be in the spotlight after news that Britain was still
considering some kind of windfall tax on bankers' bonuses.
 A government source told Reuters on Friday that a tax on banks was one
revenue-raising option being considered by finance minister Alistair Darling for
his pre-budget report on Wednesday, and weekend newspapers were heavy with
speculation on what form this could take. [ID:nN06144519]
 Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 9 to 15
points lower, Germany's DAX .GDAXI to open around 3 points lower, and France's
CAC-40 .FCHI to open 3 to 4 points lower.
European shares hit a two-week closing high on Friday after data showed U.S.
employers cut a far fewer-than-expected 11,000 jobs in November, with banks
rebounding from earlier falls and featuring among top gainers.
 The FTSEurofirst 300 .FTEU3 index of top European shares is up 23 percent
so far this year.
 
 ----------------------MARKET SNAPSHOT AT  0610 GMT---------------------- 
                                      LAST        PCT CHG        NET CHG 
 S&P 500                  .SPX  1,105.98         0.55 %           6.06 
 NIKKEI                  .N225 10,167.60         1.45 %         145.01 
 MSCI ASIA EX-JP .MIASJ0000PUS    480.59         0.07 %           0.35 
 EUR/USD                  EUR=    1.4885         0.23 %         0.0034 
 USD/JPY                  JPY=     89.97        -0.31 %        -0.2800 
 10-YR US TSY YLD    US10YT=RR     3.472             --          -0.01 
 10-YR BUND YLD      EU10YT=RR     3.238             --           0.01 
 SPOT GOLD                XAU= $1,154.50        -0.44 %         -$5.05 
 US CRUDE                 CLc1    $75.64         0.23 %           0.17 
 -----------------------------------------------------------------------  
 
 Wall St ends higher as jobs data brightens outlook           [ID:nN04166436]
GLOBAL MARKETS-Dollar trims gains, US job data helps stocks   [ID:nSP484617]
 Nikkei up but off highs as yen rises; JAL strong             [ID:nTOE5B606N]
 Dollar slips vs yen after rally on jobs news                 [ID:nTOE5B602G]
 Oil up towards $76 on dlr easing; demand hope                 [ID:nSP467551]
 TREASURIES-Steady in Asia in wake of post-jobs data sell-off [ID:nTOE5B603T]
 Gold dips, briefly falls below $1,150/oz                     [ID:nTOE5B606F]
 Copper steady on econ hopes, shakes off dlr impact           [ID:nTOE5B6032]
 
 (Reporting by Blaise Robinson, editing by Will Waterman)

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