Watchlist Sponsored By :
- EU Opens Probe in BHP Billiton Bid for Rio Tinto
- Worse Car Sales Decline Expected in Western Europe
- Euro Banks Need to Raise $90-$140 Billion: Goldman
- BSkyB Mulls $4 Billion Bid for Spain's Digital Plus: FT
- On the Bright Side, Shopping Bargains Abound
- Euro Stocks Fall as Goldman Note Hits Banks
- Return of Asian Currency Crisis Is Unlikely: ADB
- European Shares Set to Open Flat as Holiday Shuts US
- Airbus to Sell Five A380s to Japan's ANA: Nikkei
European Shares Set to Extend Losing Streak
Topics:Stock Market
Font size:
European shares were set to fall on Thursday, adding to a two-session drop as stocks track losses on Wall Street Wednesday spurred by fears of rising inflation after oil prices soared to a record high.
Financial bookmakers, or spread betters, in London expected Britain's FTSE 100 index to open between 29 and 36 points lower, the German DAX down 55 to 56 points, and the French CAC 40 down 52 to 56 points.
Oil vaulted to a high above $135 on Thursday, extending this month's near 20 percent rally after a steep fall in U.S. crude inventories and the weakening U.S. dollar triggered short covering by investors.
Copyright 2008 Reuters. Click for restrictions.
Tools:
Print
Email
Del.icio.us
Digg ItMORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes