Europe stock index futures signal rally on US deal

PARIS Wed Jan 2, 2013 7:02am GMT

PARIS Jan 2 (Reuters) - European stock index futures pointed to a rally on Wednesday after U.S. lawmakers approved a deal preventing massive tax hikes and spending cuts that threatened to drag the economy into recession.

At 0702 GMT, futures for Euro STOXX 50, for Germany's DAX and for France's CAC were up 1.8-2.4 percent.

Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.