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European Shares Set to Trim Gains Ahead of US Jobs
By: Reuters | 02 Jul 2009 | 01:35 AM ET
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European equities were set to fall on Thursday, surrendering some of the previous session's strong gains as investors braced for key U.S. monthly jobs data.

The mining sector will be in the spotlight after Rio Tinto's $15.2 billion rights offer generated strong demand from UK investors.

Financial spreadbetters expect Britain's FTSE 100 to open 24 to 27 points lower, or as much as 0.6 percent, Germany's DAX to open 32 to 35 points lower, or as much as 0.7 percent, and France's CAC-40 to open 26 to 33 points lower, or as much as 1 percent.

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