UK Stocks-Factors to watch on Oct 4

By Reuters / October 05, 2018 / in.investing.com / Article Link

Oct 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10 points lower at 7,500 on Thursday, according to financial bookmakers.

* GLENCORE: Global miner Glencore GLEN.L and Japan's Tohoku Electric Power 9504.T agreed on a price of $109.77 per tonne for supplies of thermal coal from Australia for the year through September 2019, according to a source with direct knowledge of the matter. BHP: China's overseas expansion will spread over land that is home to more than half the world's population, potentially boosting copper use by 1.6 million tonnes, or roughly 7 percent of annual demand, major miner BHP BHP.AX , BLT.L said on Thursday. GOLD: Gold prices moved in a narrow range on Thursday after losses in the previous session, with robust U.S. economic data and hawkish comments from Federal Reserve policymakers boosting the dollar. OIL: Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. The UK blue chip index closed up 0.5 percent to 7,510.28 points on Wednesday as the pound held its ground after an appeal for party unity from Prime Minister Theresa May over her Brexit plan, while Tesco (LON:TSCO) had its worst trading day in four years after a disappointing update. For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

* UK CORPORATE DIARY:

Morses Club PLC

MCLM.L Half Year 2019 Earnings Ted Baker PLC

TED.L

Half Year 2019 Earnings ICG Enterprise Trust PLC ICGT.L Half Year 2018 Earnings Electrocomponents PLC

ECM.L

Q2 2019 Trading Statement DFS Furniture PLC

DFSD.L Full Year 2018 Earnings Release

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