UK Stocks-Factors to watch on July 18

Premier Foods

18/07/2024 05:57

July 18 - Britain's FTSE 100  .FTSE  index is seen
opening higher on Thursday, with futures  FFIc1  up 0.5%. 
    
    * OIL: Oil prices extended gains from the previous session
on Thursday, buoyed by a bigger-than-expected decline last week
in crude stockpiles in the United States, the world's largest
oil consumer.
    * GOLD: Gold prices edged higher, trading not too far away
from a record high scaled in the previous session, as rising
anticipation of a U.S. interest rate cut in September boosted
demand.  
    * METALS: Aluminium prices fell to their lowest in more than
three months, while Shanghai nickel dropped to its lowest in
over four months, pressured by rising output in major producing
countries.
    * FTSE: Britain's FTSE 100 closed higher on Wednesday as
geopolitical risks drove gains in defensive sectors such as
healthcare and consumer goods, while stronger-than-expected UK
inflation data eased bets of rate cuts from the Bank of England
(BoE).
    
    * UK CORPORATE DIARY:   
 Anglo American     AAL.L     Q2 production report
       IDS         IDSI.L      Q1 trading update
     Dunelm        DNLM.L      Q4 Trading update
     AJ Bell       AJBA.L      Q3 Trading update
       SSE          SSE.L      Q1 trading update
  Premier Foods     PFD.L      Q3 Trading update
     Frasers       FRAS.L          FY results
     Diploma       DPLM.L      Q3 Trading update
        
  
    * 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 

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))