European Factors to Watch-Shares seen steady; oil stocks in focus
Fri Aug 30, 2013 6:32am BST
PARIS, Aug 30 (Reuters) - European stocks are expected to open little
changed on Friday following the previous session's rally, but heavyweight energy
shares could feel the pinch of a retreat in oil prices as a possible military
strike on Syria appeared less likely.
Financial spreadbetters expect Britain's FTSE 100 to open down 6
points to up 2 points, Germany's DAX to open down 2 to 11 points, or
0.1 percent lower, and France's CAC 40 to open down 3 points to flat.
After a sharp rally earlier this week, oil prices slipped back on Friday as
worries over supply disruptions in the Middle East eased slightly after Britain
said it will not join any military action against Syria. That was the latest
setback to U.S.-led efforts to punish Damascus over the use of chemical weapons
against civilians.