European Factors - Futures point to stock markets opening higher

(Rewrites with futures, adds Nikkei close, updates snapshot table)

FRANKFURT, Oct 1 (Reuters) - European shares looked set for a firmer start
on Wednesday, tracking a Wall Street rally after news that the U.S. Senate will
vote later in the day on a new version of the $700 billion bank bailout plan.

Benchmark U.S. equity indexes .DJI .SPX .IXIC rose by about 5 percent
on Tuesday and Japan's Nikkei index .N225 gained 1 percent on Wednesday, led
by financials.

Futures for the Eurostoxx 50 STXEc1, Germany's DAX FDXc1 and the French
CAC 40 FCEc1 were up 0.5 to 0.7 percent by 0625 GMT.

"There's clearly an air of confidence suggesting that a U.S. rescue package
of some shape will be passed and with a vote expected later today in the Senate
with a broader package being proposed, the optimism may well be justified," CMC
Markets said in a note.

European Central Bank (ECB) President Jean-Claude Trichet takes part in a
debate on the role of wage politics for growth and competitiveness at 0900 GMT.
He said late on Tuesday that the ECB would keep providing extra liquidity for as
long as needed but maintains a clear division between that and monetary policy.

FrankfurtFinanz analyst Heino Ruland said Trichet had made it "very clear
... that providing liquidity is an entirely separate issue than lowering rates."

Calls have grown for interest rate cuts from the ECB, which holds its next
monetary policy meeting on Thursday.

----------------------MARKET SNAPSHOT AT 0625 GMT------------------------

LAST PCT CHG NET CHG

S&P 500 .SPX 1,166.36 5.42 % 59.97

NIKKEI .N225 11,368.26 0.96 % 108.40

MSCI ASIA EX-JP .MIASJ0000PUS 369.00 0.11 % 0.42

EUR/USD EUR= 1.4121 0.00 % 0.0000

USD/JPY JPY= 105.95 -0.08 % 0.0800

10-YR US TSY YLD US10YT=RR 3.799 -- -0.02

10-YR BUND YLD EU10YT=RR 4.010 -- -0.01

SPOT GOLD XAU= $878.60 0.99 % $8.65

US CRUDE CLc1 $101.98 1.33 % $1.34

-----------------------------------------------------------------------

* Wall Street rallies on bailout revival hopes [ID:nN30475379]

* GLOBAL MARKETS-Stocks rally, focus on U.S. bailout vote [ID:nL1597450]

* Nikkei up 1 pct on bailout hope, financials gain [ID:nTKB003051]

* Dollar dips after jump on bailout hope, repatriation [ID:nT328253]

* TREASURIES-Gain in Asia as market calms from big swings [ID:nT347665]

* Oil extends gains to $102 on bailout revival hope [ID:nSYD174896]

* Gold bounces 1 percent on euro, platinum off lows [ID:nSP26056]

* LME copper ticks up early, bailout vote in focus [ID:nSP371664]

EUROPEAN COMPANIES

UBS (UBSN.VX)

UBS may announce plans to cut about 1,900 jobs in investment banking,
equities and fixed income at its Oct. 2 shareholder meeting, Bloomberg quoted
sources as saying. UBS was not immediately available for comment.

FORTIS (FOR.BR)(FOR.AS)

The partially nationalised Belgian-Dutch financial group halted deals with
China's Ping An (2318.HK)(601318.SS) and Deutsche Bank (DBKGn.DE).
[ID:nN30478391]

UNICREDIT (CRDI.MI)

CEO Alessandro Profumo stepped away from tough 2008 targets on Tuesday amid
market turmoil. [ID:nLU214902]

BARCLAYS (BARC.L)

Barclays Capital relaunched its US Equity Trading and Research division
following the acquisition of some assets of bankrupt Lehman Brothers (LEHMQ.PK).
[ID:nN30447073]

INTESA SANPAOLO (ISP.MI)

The bank said it had placed a subordinated lower tier-2 bond for 1.1 billion
euros.

DEUTSCHE BANK (DBKGn.DE)

CEO Josef Ackermann said government and central bank efforts to bolster the
financial sector were helping to restore confidence in the system.
[ID:nLU498629]

DEUTSCHE BOERSE (DB1Gn.DE)

Deutsche Boerse had a good third quarter and sticks to its full year 2008
goals, its chief executive said on Tuesday. [ID:nWEA1386]

RIO TINTO (RIO.L), BHP BILLITON (BLT.L)

Australia's competition watchdog cleared BHP Billiton's proposed around $114
billion bid for Rio Tinto on Wednesday, saying it was unlikely to substantially
lessen competition. [ID:nSYU005209]

GLAXOSMITHKLINE (GSK.L)

The drugmaker plans to cut up to 850 R&D jobs in Britain and the United
States in a bid to improve productivity. [ID:nLU433964]

EDF (EDF.PA)

The French energy company wishes to obtain the agreement of the European
Commission before finalising an agreement with Centrica (CNA.L), owner of
British Gas, according to a source quoted in Les Echos newspaper.

TOTAL (TOTF.PA)

The French oil company, alongside Exxon Mobil (XOM.N) and Eni (ENI.MI), will
be fined an unspecified amount by European Union regulators over claims they
fixed the price of paraffin wax used in candles and waxed paper, the
International Herald Tribune newspaper said

ROYAL DUTCH SHELL (RDSa.L) (RDSb.L)

The oil major is poised to take a large stake in Sibir Energy (SBE.L), the
Russia-focused oil group by the end of the year, the Financial Times reported.

UNION FENOSA (UNF.MC), CEPSA (CEP.MC), SANTANDER (SAN.MC)

Union Fenosa believes the planned sale of its 5 percent stake in Cepsa to
Abu Dhabi state-owned firm IPIC could take months, Expansion reported, citing
comments by Fenosa Chief Executive Honorato Lopez Isla.

(Reporting by Peter Starck)