Europe Factors-Shares set to resume December rally

PARIS, Dec 28 (BestGrowthStock) – European stocks were seen inching higher on
Tuesday, resuming their sharp December rally as investors shrug off China’s
interest rate hike, while trading volumes will be thin as UK markets remain
closed.

Financial spreadbetters expected Germany’s DAX (.GDAXI: ) to open around 5
points higher and France’s CAC-40 (.FCHI: ) to open around 8 points higher.

The FTSEurofirst 300 (.FTEU3: ) lost 0.9 percent on Monday in holiday-thinned
trading, led lower by German carmakers such as Volkswagen (VOWG.DE: ) and BMW
(BMWG.DE: ) as investors booked a portion of the hefty gains made on auto stocks
in 2010.

———————-MARKET SNAPSHOT AT 0613 GMT————-

LAST PCT CHG NET CHG

S&P 500 (.SPX: ) 1,257.54 0.06 % 0.77

NIKKEI (.N225: ) 10,292.63 -0.61 % -63.36

MSCI ASIA EX-JP (.MIASJ0000PUS: ) 555.77 -0.02 % -0.09

EUR/USD (EUR=: ) 1.3234 0.53 % 0.0070

USD/JPY (JPY=: ) 82.43 -0.42 % -0.3500

10-YR US TSY YLD (US10YT=RR: ) 3.337 — 0.01

10-YR BUND YLD (EU10YT=RR: ) 3.015 — -0.02

SPOT GOLD (XAU=: ) $1,391.30 0.56 % $7.70

US CRUDE (CLc1: ) $91.10 0.11 % 0.10

—————————————————————
Wall St ends flat as investors shrug off China hike [ID:nN27236278]

GLOBAL MRKTS-Asian shares pressured by tightening fears [ID:nL3E6NS02M]

Nikkei hurt by Shanghai fall but finds support [ID:nTOE6BR01W]

Oil prices above $91/bbl, dollar, cold snap supports [ID:nL3E6NS03M]

Euro bounces back, dollar falls broadly [ID:nTOE6BR01V]

Copper hits record high, ShFE adds 1 pct on weak dlr [ID:nL3E6NS02Y]

Gold up on dollar weakness, Asian buying [ID:nL3E6NS00Z]

(Reporting by Blaise Robinson; Editing by Mike Nesbit)

Europe Factors-Shares set to resume December rally