UK Stocks-Factors to watch on Aug. 1

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug. 1
Credit: © Reuters.

Aug 1 (Reuters) - Britain's FTSE 100 index is seen opening down 12 points at 7,737 points on Wednesday, according to financial bookmakers.

* HSBC: A former HSBC executive has won a British court battle against the U.S. government over his extradition, according to the judge's ruling published on Tuesday.

* RBS: Britain's financial watchdog should get new powers to regulate business loans after it was unable to punish Royal Bank of Scotland (LON: RBS ) for its "deficient" treatment of customers, lawmakers said on Tuesday.

* GOLD: Gold prices came under pressure on Wednesday as news that the Trump administration has plans to propose higher tariffs on Chinese goods stoked demand for the U.S. dollar.

* OIL: Oil prices fell on Wednesday after industry data showed U.S. stockpiles of crude unexpectedly rose, and as economic growth slowed, especially in Asia, amid the escalating trade dispute between the United States and China.

* The UK blue chip index closed 0.6 percent higher at 7,748.76 on Tuesday, as hopes that the United States and China would avert a trade war lifted global stock markets and helped British shares close on a six-week high and post a monthly gain for July.

* UK CORPORATE DIARY: Rio Tinto (LON: RIO ) PLC Half Year Earnings Release Aggreko (LON: AGGK ) PLC Half Year Earnings Release St. James's Place PLC Half Year Earnings Release St. James's Place PLC Q2 New Business Announcement Dignity PLC Half Year Earnings Release Man Group PLC Half Year Earnings Release BAE Systems (LON: BAES ) PLC Half Year Earnings Release Lloyds Banking Group (LON: LLOY ) PLC Half Year Earnings Release Next PLC Q2 Trading Statement Release BBA Aviation PLC Half Year Earnings Release Capita PLC Half Year Earnings Release Direct Line Insurance Group PLC Half Year Earnings Release

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search