UK Stocks-Factors to watch on August 26
UK Stocks-Factors to watch on August 26 Aug 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futuresFFIc1 up 0.3%.
* INFLATION: Public inflation expectations in Britain rose in August, changing course after falling in recent months, a survey from U.S. bank Citi and pollsters YouGov showed on Tuesday.
* JOBS: Over a third of British employers have reduced the number of entry-level jobs open to younger workers over the past year due in part to increased use of artificial intelligence and other forms of automation, a survey showed on Wednesday.
* OIL: Oil prices dropped about 2% on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had resumed talks with neighbour Oman on managing the strategic waterway.
* GOLD: Gold eased on Wednesday after scaling a more than three-month high in the previous session, as investors awaited a key U.S. inflation report to gauge the Federal Reserve's interest-rate path.
* COPPER: Copper prices rose to a six-month high on Wednesday, supported by supply fears on dwindling LME inventories and upbeat economic sentiment.
* FTSE: The UK blue-chip index .FTSE rose 0.3% to 10,886.16 points on Tuesday. The main UK stock indexes closed higher, as housing stocks were lifted by the British government's plans to spend £10 billion on lower-cost housing, while investors awaited key events later in the week
* UK CORPORATE DIARY:
Hochschild Mining | HOCM.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
(Compiled by Ankita Bora in Bengaluru)