Europe Factors-Shares set to track U.S., Asia gains

Related Topics

Tue Dec 22, 2009 1:18am EST

 PARIS, Dec 22 (Reuters) - European stocks were seen rising on Tuesday,
mirroring gains on Wall Street and in Asia, and extending the previous session's
strong rally, while investors braced for a flurry of U.S. macroeconomic data.
 Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 15 to 18
points higher, Germany's DAX .GDAXI to open 5 to 9 points higher, and France's
CAC-40 .FCHI to open 2 to 5 points higher.
 U.S. macro data due on Tuesday includes a final reading of third-quarter
gross domestic product, existing home sales for November and the Richmond Fed
survey for December.
 The FTSEurofirst 300 .FTEU3 index of top European shares surged 1.5
percent on Monday, bouncing back from a sharp two-session drop, with energy
shares rising along with oil prices as cold weather gripped both sides of the
Atlantic, and banks recovering from recent losses.
 U.S. shares climbed on Monday, with the Nasdaq hitting a 15-month high,
after a healthcare reform bill advanced in the Senate and brokerages upgraded
two Dow components on improving profit prospects.
 
 ----------------------MARKET SNAPSHOT AT  0610 GMT---------------------- 
                                      LAST        PCT CHG        NET CHG 
 S&P 500                  .SPX  1,114.05         1.05 %          11.58 
 NIKKEI                  .N225 10,378.03         1.91 %         194.56 
 MSCI ASIA EX-JP .MIASJ0000PUS    467.21         1.08 %           4.97 
 EUR/USD                  EUR=    1.4295         0.09 %         0.0013 
 USD/JPY                  JPY=     91.25         0.12 %         0.1100 
 10-YR US TSY YLD    US10YT=RR     3.733             --           0.05 
 10-YR BUND YLD      EU10YT=RR     3.203             --           0.01 
 SPOT GOLD                XAU= $1,094.60         0.16 %          $1.75 
 US CRUDE                 CLc1    $73.80         0.11 %           0.08 
 -----------------------------------------------------------------------  
 
 Wall St climbs on health bill; Nasdaq at 15-month high    [ID:nN21243288]
 GLOBAL MARKETS-Dlr holds firm, Asia stocks track US techs [ID:nSGE5BL02Q]
 Nikkei hits 8-week high on weaker yen; Isuzu jumps        [ID:nTOE5BL04W]
 Dollar pushes to 2-mth high vs yen, yields support        [ID:nTOE5BL04X]
 Oil steady ahead of OPEC, firm dlr offsets US data        [ID:nSGE5BL01Q]
 TREASURIES-Slip in Asia, curve hits steepest on record    [ID:nTOE5BL036]
 Copper steady, shrugs off dollar weight                   [ID:nTOE5BL00K]
 Gold rises in bounce from 6-1/2 week low, ETF up          [ID:nTOE5BL00A]
 
 (Reporting by Blaise Robinson; Editing by Mike Nesbit)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.