Europe Factors to Watch-Shares set to halt pull-back ahead of PMIs

04 Mar, 2015

PARIS: European stocks were set to inch up on Wednesday, halting the previous session's pull-back as investors awaited a batch of macro data on the euro zone, including French and German services PMIs for February.

Data released earlier showed activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, with The HSBC/Markit Services PMI picking up to 52.0 last month from January's 51.8.

At 0701 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were up 0.1-0.2 percent.

The FTSEurofirst 300 ended down 1 percent on Tuesday, slipping from a seven-year high reached earlier this week.

Copyright Reuters, 2015

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