Europe before the bell: Futures inch higher before payrolls
EUROPE BEFORE THE BELL: FUTURES INCH HIGHER BEFORE PAYROLLS
European equity futures are marginally higher on Thursday before U.S. labour market data later in the day.
The jobs data, released a day earlier than usual this week due to tomorrow's Independence Day holiday in the U.S., could be pivotal for the outlook for monetary policy as the Fed has recently signalled it could resume rate cuts in the coming months.
Job growth is expected to have moderated last month. A Reuters poll of economists expects nonfarm payrolls likely increased by 110,000 in June, after rising 139,000 in May.
For now, Euro STOXX 50 futures 
FESX1! are up just over 0.2%. Futures in Germany 
DAX1!, Britain 
Z1! and France (FCEc1) are up 0.2%-0.4%.
In corporate news, Siemens 
SIE shares will be in focus after the U.S. lifted chip software curbs on China. The company said it was restoring access to their software and technology for Chinese customers.
(Samuel Indyk)
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