UK Stocks-Factors to watch on August 7
Aug 7 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 1.3%.
* OIL: Oil prices slipped in early Asian trading following a brief rebound in the previous session after industry data showed an unexpected build in U.S. crude oil and gasoline inventories, offsetting global oil supply concerns.
* GOLD: Gold prices edged lower as the U.S. dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve's likely September interest rate cut.
* METALS: London copper prices declined, hurt by a firm dollar and looming concerns about the U.S. economy and demand from top consumer China, while the Shanghai contract rose.
* FTSE: British equities closed higher on Tuesday, buoyed by construction stocks, a day after a brutal sell-off across markets triggered by fears of a U.S. recession.
* UK CORPORATE DIARY:
Glencore | GLEN.L | HY Results |
Quilter | QLT.L | HY Results |
Legal & General | LGEN.L | HY Results |
TP ICAP | TCAPI.L | HY Results |
Coca Cola HBC AG | CCH.L | HY Results |
WPP | WPP.L | HY Results |
Bellway | BWY.L | FY trading update |
Hiscox | HSX.L | HY Results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB
Reporting by Prerna Bedi in Bengaluru
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