UK Stocks-Factors to watch on Jan 26



Jan 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday with futures FFIc1 up 0.93%.

* HSBC: HSBC's Mexico unit is analysing the purchase of Citigroup's retail operations in the country, known as Citibanamex, HSBC Mexico's chief executive officer and president said on Tuesday.

* RMG - ASSETCO: UK-based acquisition vehicle AssetCo ASTO.L said on Tuesday it will buy investment and consulting firm River & Mercantile Group (RMG) RIV.L , in a deal, which along with a planned capital return, will value RMG at 289 million pounds nL4N2U5362]

* ECONOMIC GROWTH: The International Monetary Fund cut its forecast for British economic growth this year due to disruption from the Omicron variant of the coronavirus, labour shortages and high energy prices, but raised its estimate for growth in 2023.

* GOLD: Gold prices were steady as investors refrained from making big bets ahead of a U.S. central bank decision on the pace of policy tightening, while anxiety over Ukraine kept bullion supported near the previous session's 10-week high.

* METALS: London copper prices edged lower after closing higher in the last session, ahead of U.S. Federal Open Market Committee's decision on interest rates.

* OIL: Oil prices eased as investors booked profits ahead of an update from the U.S. Federal Reserve, although fears over tighter supply amid tensions in Ukraine and the Middle East capped losses.

* London's FTSE 100 rebounded on Tuesday from a one-month low hit a day earlier, supported by major bank stocks as expectations of tighter monetary policy drove up bond yields.

* UK CORPORATE DIARY: Wizz Air

WIZZ.L

Qtrly Results Brewin Dolphin

BRW.L

Trading Update Sage Group

SGE.L

Q1 Trading Update CMC Markets

CMCX.L

Q3 Trading Update Pets At Home

PETSP.L

Q3 Trading Update Tullow

TLW.L

Trading Update Quilter

QLT.L

Trading Update Fresnillo

FRES.L

Production Report

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines


Reporting by Sinchita Mitra in Bengaluru

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.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.