PARIS, Nov 9 (Reuters) - Financial bookmakers expect to see leading European
indexes rise on Monday, for the fourth session in a row, after the Group of 20
pledged to keep stimulus measures until the economic recovery was assured.
Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 29 to 33
points higher, or as much as 0.6 percent, Germany's DAX .GDAXI to open 21 to
26 points higher, or as much as 0.5 percent, and France's CAC-40 .FCHI to open
28 to 32 points higher, or as much as 0.9 percent.
Group of 20 finance ministers and central bankers pledged on Saturday to
prepare strategies to end emergency support for their economies, but to keep the
aid flowing until the global economy was back on track. [ID:nL7204184]
"Equity markets in Europe are set to start the week on an upbeat footing
after the G20 meetings concluded that global stimulus efforts would remain in
place," IG Markets analyst Ben Potter wrote in a note.
European shares rose on Friday as investors decided U.S. monthly payroll
data was not as bad as feared, with banking stocks the major gainers.
The FTSEurofirst 300 .FTEU3 index of top European shares is up 54 percent
since reaching a record low in early March, but the index is down about 3.7
percent since touching a one-year high in mid-October.
----------------------MARKET SNAPSHOT AT 0606 GMT----------------------
LAST PCT CHG NET CHG
S&P 500 .SPX 1,069.30 0.25 % 2.67
NIKKEI .N225 9,808.99 0.2 % 19.64
MSCI ASIA EX-JP .MIASJ0000PUS 463.31 0.93 % 4.29
EUR/USD EUR= 1.4939 0.36 % 0.0054
USD/JPY JPY= 90.02 0.06 % 0.0500
10-YR US TSY YLD US10YT=RR 3.526 -- 0.03
10-YR BUND YLD EU10YT=RR 3.377 -- 0.00
SPOT GOLD XAU= $1,104.30 0.73 % $8.00
US CRUDE CLc1 $78.37 1.21 % 0.94
-----------------------------------------------------------------------
* Wall St rises 3 pct for week on Friday's slim gain [ID:nN06205470]
* Asia stocks, currencies rally as risk sought [ID:nSP425501]
* Nikkei edges up; yen helps it shrug off US jobs data [ID:nT228320]
* TREASURIES-Dip in Asia in jittery trade before auction [ID:nT227441]
* Dollar under pressure, commodity currencies jump [ID:nT204962]
* Oil tops $78 as Hurricane Ida threatens output [ID:nSYD394313]
* Gold strikes record as U.S. dollar suffers [ID:nSP423068]
* Copper prices up, brush off dismal U.S. job data [ID:nSHA205104]
(Reporting by Blaise Robinson; editing by Simon Jessop)
