RPT-European Factors to Watch-Shares seen down, focus on U.S. jobs data

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By: Reuters: Company News

Posted on July 06, 2012 at 01:35 AM EDT

LONDON, July 6 (Reuters) - European shares were set to fall further on Friday, mirroring losses on Wall Street and in Asia, with investors betting that an encouraging U.S. jobs report later in the day might lower the chance of another round of easing in the United States. Some analysts have upgraded their forecasts for U.S. June non-farm payrolls numbers, due at 1230 GMT, following Thursday's U.S. private sector jobs data that came in much better than expected. The report showed an addition