UK Stocks-Factors to watch on Sept 4
Sept 4 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.78%.
* HOMEBUILDERS:Top UK homebuilders Vistry VTYV.L and Barratt BDEV.L will likely strike a cautiously optimistic tone on demand recovery when they report earnings this week as interest rates ease and government policy reforms take shape.
* PAYMENTS:UK regulators plan to curtail a new rule that would have forced banks and payment companies to reimburse fraud victims up to 415,000 pounds, after facing pressure from ministers and fintech firms, the Financial Times reported on Tuesday.
* OIL:Oil prices fell on Wednesday, extending a plunge of more than 4% the previous day, on expectations that a political dispute halting Libyan exports could be resolved and concerns over lower global demand growth.
* GOLD:Gold prices held steady on Wednesday as investors braced for a monthly U.S. payrolls report that could influence how swiftly and deeply the Federal Reserve cuts interest rates this year.
* METALS:London copper prices inched higher on Wednesday, supported by dip-buying after the market sank to a two-week low in the previous session and signs of a demand pickup in China.
* The UK's benchmark FTSE 100 tumbled on Tuesday to the lowest levels in over a week, hurt by a steep sell-off in commodity-linked stocks over lower metal and crude prices.
* UK CORPORATE DIARY:
Barratt Developments | BDEV.L | FY results |
Direct Line | DLGD.L | HY results |
M&G | MNG.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 Radhika Anilkumar in Bengaluru;
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