UK Stocks-Factors to watch on April 23
23/04/2025 05:59
Corrects date to April 23 April 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on Wednesday, with futures FFIc1 up 1.08%. * BP: Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 through spending cuts and cost reductions, a source familiar with the situation said. * TARIFFS: The U.S. will aim for Britain to reduce its automotive tariff to 2.5%, the Wall Street Journal reported , citing people familiar with a draft document from the Trump administration. * ASTRAZENCA: AstraZeneca AZN.L said it has rejoined the Pharmaceutical Research and Manufacturers of America (PhRMA). * ARGENTEX: Argentex's AGFX.L shares were suspended from trading after it said its liquidity had significantly worsened due to the sharp fall in the U.S. dollar. * WAGES: Pay increases by British employers stayed at 3% in the three months to March, according to Brightmine. * OIL: Oil prices rose almost 1% in early trade amid sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donald Trump on the Federal Reserve. * GOLD: Gold prices fell as Donald Trump retracted his threats to dismiss Federal Reserve Chair Jerome Powell. * METALS: Copper prices in London hit a near three-week high following Trump's comments about a trade deal with China. * The UK blue-chip index .FTSE closed up 0.6% on Tuesday extending its winning streak to seven consecutive sessions. * UK CORPORATE DIARY:
| Reckitt Benckiser Group | RKT.L | Q1 Trading Update |
| Babcock International Group | BAB.L | Full Year Trading Update |
| Hochschild Mining | HOCM.L | Q1 Trading Update |
| Foxtons | FOXT.L | Q1 Trading Update |
| Quilter | QLT.L | Q1 Trading Update |
| Croda International | CRDA.L | Q1 Trading Update |
| Pensionbee | PBEE.L | Q1 Trading Update |