GLOBAL MARKET NEWS - EUROPEAN MARKET
European stocks were set to inch up on Tuesday
European stocks were set to inch up on Tuesday
following the previous roller-coaster session, although gains were seen limited
ahead of Spain's short-term debt auction, while Danone will be in
focus after a profit warning linked to Spain's recession.
At 0622 GMT, futures for Euro STOXX 50, Germany's DAX and
France's CAC were up 0.1-0.2 percent.
Jittery investors were bracing for key debt auctions by Spain on Tuesday and
Thursday, at which the country is seen paying record high rates.
Spain's Treasury will issue between 2 billion and 3 billion euros ($2.52
billion-$3.79 billion) of 12- and 18-month debt on Tuesday, and between 1
billion and 2 billion euros of bonds due in 2014, 2015 and 2017 on Thursday.
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