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STOCKS NEWS EUROPE-Europe stock index futures point down

Mon Aug 17, 2009 2:15am EDT

Stocks

   

European stock index futures point to a lower start following the previous session's retreat as Asian stocks tumble after poor U.S. economic data dented recent recovery hopes for the global economy.

Futures for the Euro Stoxx 50 STXEc1, German DAX futures FDXc1 and French CAC futures FCEc1 are down 0.5-0.6 percent

Japan's Nikkei average retreats from 10-month highs, with exporters such as Kyocera (6971.T) hit as the yen rises against the dollar on concerns about how quickly the U.S. economy will recover.

Energy stocks may be a focus as crude oil prices CLc1 slip below $67 a barrel.

MAJOR EUROPEAN COMPANIES REPORTING

Hennes & Mauritz JUL SALES (HMb.ST)

Michael Page International INTERIM (MPI.L)

Intercell Q2 (ICEL.VI)

Fresnillo INTERIM (FRES.L)

MAJOR US COMPANIES REPORTING

Lowe's Co. Q2 (LOW)

Agilent Tech Q3 (A)

MAJOR MACROECONOMIC INDICATORS/EVENTS (GMT)

0900 EZ Euro zone Foreign Trade data June

1230 US New York Federal Manufacturing August

Reuters Messaging rm://joanne.frearson.thomsonreuters.com@reuters.net



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