European shares seen opening higher

LONDON, July 7 (Reuters) - European stock markets were seen opening higher on Thursday, breaking a three-day losing streak, helped by firmer oil prices and more signs of caution from the U.S (Other OTC: UBGXF - news) . Federal Reserve over raising interest rates.

Britain's FTSE was seen opening up by 66-72 points, or 1-1.1 percent higher, according to spreadbetters at CMC (BSE: CMC.BO - news) and IG (LSE: IGG.L - news) .

Germany's DAX was seen up by 72-78 points, or 0.8 percent higher, while France's CAC was seen up by 40-44 points, or 1-1.1 percent higher.

Britain's vote on June 23 to quit the European Union has hit world financial markets, and minutes for the June 14-15 meeting of the Federal Reserve showed that the Fed's policymakers decided interest rate hikes should stay on hold until the consequences of Britain's EU referendum became clearer.

The pan-European STOXX 600 index fell 1.7 percent on Wednesday, its third day of losses in a row. The STOXX 600 is down nearly 13 percent so far in 2016. (Reporting by Sudip Kar-Gupta)