European Factors to Watch - European shares seen opening up

Fri Jan 11, 2013 1:28am EST

LONDON, Jan 11 (Reuters) - European stocks are seen opening higher on Friday
as investors use signs of an improvement in the global economy to add to
equities holdings, according to dealers, with a key European index remaining
close to a near two-year high.  
    Financial spreadbetters expected Britain's FTSE 100 to open up by 12
to 17 points, or up by as much as 0.3 percent. Germany's DAX is seen
rising by 19 to 22 points, or up by as much as 0.3 percent, while France's CAC
40 is seen up by 7 to 8 points, representing a rise of 0.2 percent.
    Some Asian shares fell on Friday following a pickup in Chinese inflation
although the underlying sentiment toward equities was supported by indications
of an improving outlook for global economies. 
    The pan-European FTSEurofirst 300 index edged down by 0.3 percent
to 1,164.65 points on Thursday, after rising to as high as 1,170.29 points
earlier in the session, a level not seen since March 2011. 
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 MARKET SNAPSHOT AT 0616 GMT                        
                                   LAST    PCT CHG  NET CHG
 S&P 500                       1,472.12     0.76 %     11.1
 NIKKEI                        10,801.5      1.4 %   148.93
 MSCI ASIA       <.MIASJ0000P    557.90    -0.23 %    -1.30
 EX-JP           S>                                 
 EUR/USD                         1.3261    -0.06 %  -0.0008
 USD/JPY                          89.04     0.29 %   0.2600
 10-YR US TSY                     1.905         --     0.01
 YLD                                                
 10-YR BUND YLD                   1.572         --     0.01
 SPOT GOLD                     $1,672.4    -0.13 %   -$2.19
 US CRUDE                        $93.85     0.03 %     0.03
 
  > GLOBAL MARKETS-Asian shares retreat after China CPI, yen slides 
  > US STOCKS-Wall St climbs as China data puts S&P back at 5-yr high 
  > Nikkei hits 23-mth high on Abe's comments; Fast Retailing shines 
  > TREASURIES-Prices fall on ECB talk, but debt sale tempers losses 
  > FOREX-Yen hits 2 1/2-year low on Abe, Japan c/a deficit 
  > PRECIOUS-Gold takes breather; Tokyo gold strikes record high 
  > METALS-London copper gains, China outlook supports 
  > Brent drops from 3-month high after China inflation data
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