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STOCKS NEWS EUROPE-European futures point to lower opening

Mon Aug 31, 2009 2:15am EDT

Stocks

   

European futures point to a lower opening, with investors expecting low volumes as UK markets are closed for a holiday.

Futures for the Euro Stoxx 50 STXEc1, Germany's DAX FDXc1 and French CAC FCEc1 are all down 0.8-0.9 percent.

European shares reached a 10-month high on Friday on optimism for a global economic recovery.

MAJOR EUROPEAN COMPANIES REPORTING

Vinci (SGEF.PA) INTERIM

Eiffage (FOUG.PA) INTERIM

Wendel (MWDP.PA) H1

Strabag SE (STRV.VI) Q2

Theolia (TEO.PA) INTERIM

Areva SA (CEPFi.PA) Q2

Bollore SA (BOLL.PA) Q2

MACRO-ECONOMIC DATA

0800 IT retail sales for June

0900 EZ HICP flash for August

0900 IT CPI for August

0900 IT HICP for August

1345 US Chicago PMI for August

1345 US PMI New order for August

1345 US PMI Production for August

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