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Friday, May 30, 2014

European Stock-Index Futures Are Little Changed; SocGen May Move

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 1:36 AM No comments


European stock-index futures were little changed, as the Stoxx Europe 600 Index heading for a seventh weekly advance. U.S. futures and Asian shares were also little changed.
Societe Generale SA may move after Les Echos reported that the French bank��s Russian unit posted a decline in first-quarter profit. BNP Paribas SA may be active as a person familiar with the matter said U.S. authorities are seeking more than $10 billion from the bank to settle investigations into dealings with sanctioned countries.
Futures on the Euro Stoxx 50 Index expiring next month fell 0.1 percent to 3,236 at 7:17 a.m. in London. Contracts on the U.K.��s FTSE 100 Index dropped less than 0.1 percent. Standard & Poor��s 500 Index futures slipped 0.2 percent, while the MSCI Asia Pacific Index lost 0.1 percent.
In the U.K. house prices rose for a 15th month and consumer confidence increased to a nine-year high on an improving outlook for the economy. Hometrack Ltd. said home prices in England and Wales increased 0.5 percent in May after a 0.6 percent advance in April. Separately, GfK NOP Ltd. said its sentiment index jumped 3 points to 0 this month, the first time there hasn��t been a negative reading since April 2005.

Copy Source: Bloomberg

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