Monday, December 6, 2010

Europe Factors-Shares seen up after Bernanke comments—


European stocks are seen rising on Monday, reversing the previous session's dip after Federal Reserve Chairman Ben Bernanke said the Fed was open to pump more funds into the U.S. economy. On Sunday, Bernanke told the CBS program "60 Minutes" the Federal Reserve could end up buying more than the $600 billion in U.S. government bonds it has committed to purchase if the economy fails to respond or unemployment stays too high.

FTSE to open 12 to 14 points higher or as much as 0.2 percent, DAX to open 12 to 17 points higher or as much as 0.2 percent and CAC to open 9 to 12 points higher, or as much as 0.3 percent.

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