UK Stocks-Factors to watch on August 19
UK Stocks-Factors to watch on August 19 Aug 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.1%.
* RIO TINTO: McEwen Copper is in talks with Rio Tinto RIO.L as it seeks a total of $4 billion in financing, Bloomberg News reported.
* QUANTEXA: British artificial intelligence company Quantexa is considering a multibillion-dollar stock market listing in Britain or the United States, its chief executive told Reuters.
* PAY: Pay settlements by British employers inched down in the three months to June to a 10-month low, adding to signs of a softening labour market, a survey showed.
* OIL: Oil prices climbed for a fourth straight day as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships.
* GOLD: Gold rose as Treasury yields eased, with investors awaiting minutes of the U.S. central bank's July meeting for fresh clues on the monetary policy outlook.
* METALS: Copper prices dipped, with a big jump in warehouse stocks pushing supply fears that have supported prices into the background.
* FTSE: The UK's FTSE 100 steadied on Tuesday after six straight sessions of declines as a rise in healthcare and energy stocks offset broader market jitters about renewed inflationary pressures.
* UK CORPORATE DIARY:
Ithaca Energy | ITH.L | HY Results |
Oxford Nanopore | ONT.L | HY Results |
Kenmare Resources | KMR.I | HY Results |
* For more on the factors affecting European stocks, please click on: LIVE/
TODAY'S UK PAPERS
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(Compiled by Neeshita Beura in Bengaluru)
((Neeshita.Beura@thomsonreuters.com))