2011/02/03

European Factors - Shares set to slip; earnings in focus
ReuterS - European shares were expected to slip in opening trade on Thursday, with a recent rally losing steam as investors stayed cautious ahead of a flurry of corporate results and a policy decision from the European Central Bank (ECB) later in the session.

Britain's FTSE was expected to open down 10 to 11 points, or 0.2 percent lower; Germany's DAX was seen 3 to 12 points lower, or down 0.2 percent and France's CAC was expected to open as much as 15 points lower or down 0.4 percent.