European Factors to Watch-Shares to track U.S. losses
Mon Aug 19, 2013 6:31am BST
PARIS, Aug 19 (Reuters) - European stocks are set to dip in early trade on
Monday, mirroring losses on Wall Street as the prospect of seeing the U.S.
Federal Reserve trim stimulus next month keeps investors on edge.
Financial spreadbetters expect Britain's FTSE 100 to open around 5
points lower, or down 0.08 percent, Germany's DAX to open 18 points
lower, or down 0.21 percent, and France's CAC 40 to open 9 points lower,
or down 0.22 percent.
U.S. shares fell on Friday, with the Dow industrials recording its
biggest weekly loss so far in 2013 as rising bond yields hit shares paying big
dividends and quarterly results from retailers disappointed investors.
Monday's macroeconomic diary is thin, with investors preparing for the
minutes of the Federal Reserve's July 30-31 policy meeting, due to be released
on Wednesday.