European stock-index futures dip ahead of economic data
March 5, 2014 8:39 am
The European stock-index futures dropped following equities marshaled yesterday by its greatest in eight months, as investors diverted their attention from the turbulence in Ukraine to economic report from the US and Europe.
Carrefour SA might shift following France’s biggest retailer listed a 9.8% gain in its entire year profit, surpassing analysts’ postulations. Bourbon SA might be active after it reported better than anticipated earnings and escalated its dividend by 34%. Adidas AG might surge after it predicted 2014 net income that traced estimates.
Futures on the Euro Stoxx 50 Index, to be expired in March, plunged 0.3% to 3,126 at 7:22 a.m. in London. The Stoxx Europe 600 Index, the region-wide gauge, profited 2.1% yesterday as investors expected the military standoff in Ukraine will not result to war. Contracts on the UK’s FTSE 100 Index profited 0.1% today.
Services Industries
A report at 9:55 a.m. (Frankfurt time) may reflect a purchasing managers’ index of services industries in Germany stretched the most in three months. In the US, figures from ADP Research Institute at 8:15 a.m. (New York time) may exhibit companies added 155,000 workers in February. Another data might show that services in the world’s biggest economy slowed down. The Institute for Supply Management’s non-manufacturing index dived to 53.5 in February, previously 54. Readings above 50 signal expansion.
The material has been provided by InstaForex Company – www.instaforex.com
The European stock-index futures dropped following equities marshaled yesterday by its greatest in eight months, as investors diverted their attention from the turbulence in Ukraine to economic report from the US and Europe.
Carrefour SA might shift following France’s biggest retailer listed a 9.8% gain in its entire year profit, surpassing analysts’ postulations. Bourbon SA might be active after it reported better than anticipated earnings and escalated its dividend by 34%. Adidas AG might surge after it predicted 2014 net income that traced estimates.
Futures on the Euro Stoxx 50 Index, to be expired in March, plunged 0.3% to 3,126 at 7:22 a.m. in London. The Stoxx Europe 600 Index, the region-wide gauge, profited 2.1% yesterday as investors expected the military standoff in Ukraine will not result to war. Contracts on the UK’s FTSE 100 Index profited 0.1% today.
Services Industries
A report at 9:55 a.m. (Frankfurt time) may reflect a purchasing managers’ index of services industries in Germany stretched the most in three months. In the US, figures from ADP Research Institute at 8:15 a.m. (New York time) may exhibit companies added 155,000 workers in February. Another data might show that services in the world’s biggest economy slowed down. The Institute for Supply Management’s non-manufacturing index dived to 53.5 in February, previously 54. Readings above 50 signal expansion.
The material has been provided by InstaForex Company – www.instaforex.com
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