Europe Factors-Shares seen mixed; earnings raft eyed

Thu Nov 12, 2009 1:21am EST
 
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 PARIS, Nov 12 (Reuters) - European equities are seen mixed
on Thursday, following a three-week closing high touched in the previous
session, as investors braced for a raft of company earnings.
 Financial spreadbetters expected Britain's FTSE 100 .FTSE to open 9 to 10
points lower, Germany's DAX .GDAXI to open 1 to 6 points higher, and France's
CAC-40 .FCHI to open 8 to 9 points lower.
 Investors were eyeing quarterly results from a flurry of companies including
bellwethers EDF (EDF.PA), AEGON (AEGN.AS), Telefonica (TEF.MC), InBev (ABI.BR),
BT Group (BT.L), and Repsol (REP.MC).
 The FTSEurofirst 300 .FTEU3 index of top European shares gained 0.4
percent on Wednesday, ending at its highest close since Oct. 22, boosted by
banking shares after results from Credit Agricole (CAGR.PA) and UniCredit
(CRDI.MI) pleased investors.
 Europe's benchmark index, which has risen five times over the past six
sessions, is up 22 percent in 2009 and has surged 57 percent since hitting a
record low in early March.
 
 ----------------------MARKET SNAPSHOT AT  0612 GMT---------------------- 
                                      LAST        PCT CHG        NET CHG 
 S&P 500                  .SPX  1,098.51          0.5 %            5.5 
 NIKKEI                  .N225  9,804.49        -0.68 %         -67.19 
 MSCI ASIA EX-JP .MIASJ0000PUS    471.74        -0.38 %          -1.78 
 EUR/USD                  EUR=    1.4999         0.15 %         0.0022 
 USD/JPY                  JPY=     89.79        -0.06 %        -0.0500 
 10-YR US TSY YLD    US10YT=RR     3.442             --          -0.04 
 10-YR BUND YLD      EU10YT=RR     3.351             --           0.01 
 SPOT GOLD                XAU= $1,120.55         0.28 %          $3.10 
 US CRUDE                 CLc1    $79.31         0.04 %           0.03 
 -----------------------------------------------------------------------  
 
 Wall Street gains on homebuilder forecast, China data [ID:nN11362394]
 Asia shares edge higher, gold hits new record           [ID:nSP34627]
 Nikkei gains 0.4 pct, led by carmakers and techs        [ID:nT308675]
 Oil steady above $79; eyes on U.S. data, dollar        [ID:nSP198800]
 Dlr near lows, Aussie hits 15-mth high after data       [ID:nT373230]
 Gold hits record above $1,120/oz on weaker dollar       [ID:nT333787]
 Copper steady on China data, weak dollar              [ID:nSHA330420]
 
 (Reporting by Blaise Robinson, editing by Will Waterman)

 

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