UK Stocks-Factors to watch on April 27
April 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 down 0.09%.
* BANK OF IRELAND: Bank of Ireland BIRG.I said that Chief Executive Francesca McDonagh would step down after five years in charge that saw the bank grow through acquisition, sharply cut staff numbers and almost fully return to private ownership.
* EURO CLEARING: Britain's financial services minister said that the European Union would find it hard to replace London for clearing trillions of euros in derivatives, and that the limited shift in activity so far was not gathering pace.
* METALS: London copper prices fell as worries about demand due to COVID-19 lockdowns in top metals consumer China and waning risk appetite among investors weighed on the red metal.
* GOLD: Gold prices fell as the dollar consolidated at its highest level in more than two years and pressured demand for greenback-priced bullion.
* OIL: Oil prices extended gains in early Asian trade as geopolitical tensions simmered with Russia warning of gas supply cuts to Poland and Bulgaria while hopes of Chinese economic stimulus buoyed oil demand outlook.
* FTSE 100: London's FTSE 100 inched higher on Tuesday after a three-day sell-off, as resource and defensive stocks rose, while HSBC Holdings and Associated British Foods slid following earnings updates.
* UK CORPORATE DIARY:
Trading update GSK
Q1 results LSEG
Q1 trading statement Lloyds Banking Group
Q1 interim managment
statement WH Smith
HY Results WPP Plc
Q1 trading update Drax
Trading update Persimmon
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
Reporting by Amna Karimi in Bengaluru; Editing by Vinay Dwivedi
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.