European stock index futures signaled
strong gains on Tuesday, with stocks set to reverse the previous day's dip and
resume their recent rally, boosted by expectation German and U.S. macro data
will add to recent upbeat figures ahead of the Federal Reserve's policy
At 0730 GMT, futures for Euro STOXX 50, for Germany's DAX
and for France's CAC were up 0.8-1.0 percent.
Germany's ZEW economic sentiment, due at 1000 GMT, is seen at 10.0 versus
5.4, while U.S. February retail sales, due at 1230 GMT, are expected to show a
1.0 percent rise, compared with a 0.4 percent increase in January.
Both the broad FTSEurofirst 300 index and the euro zone's blue chip
Euro STOXX 50 index, which have moved sideways over the past five
weeks, will run into strong resistance at 1,091.81 points and 2,557.86 points
respectively, representing 7-month highs hit in late February.