UK Stocks-Factors to watch on July 7

jueves 7 de julio de 2016 01:41 GYT

July 7 (Reuters) - Britain's FTSE 100 index is seen opening up by
66-72 points, or 1-1.1 percent, on Thursday, according to spreadbetters at CMC
and IG. 
    * The UK blue chip index closed down 1.3 percent on Wednesday led lower by
retail and property-related stocks, which extended losses made after Britons
voted to leave the European Union, and by a decline in energy stocks as oil
prices slipped. 
    * BARCLAYS: The U.S. Commodity Futures Trading Commission ordered Barclays
Plc to pay $560,000 on Wednesday, saying the bank failed to submit
accurate reports on large traders' positions for physical commodities swaps.
    * ABERDEEN ASSET MANAGEMENT: Late on Wednesday, Aberdeen Asset Management
 said withdrawals from its 3.2 billion pound UK Property Fund which it
had received before 1100 GMT would face a 17 percent dilution levy, and that it
would not fulfil later orders. It expected to re-open the fund at 1100 GMT on
    * RYANAIR: German investigators and customs authorities have searched
several Ryanair bases and the homes of Ryanair pilots, as part of a
probe into tax evasion by two employment agencies through which pilots are
employed, prosecutors and pilot representatives said on Wednesday. 
    * UK BANKS: Stress in the UK banking system has intensified since Britain's
vote to leave the European Union, with the premium banks charge to lend each
other short-term sterling funds doubling to its highest level in four
    * TATA STEEL/UK: The British government's offer of financial aid to
potential buyers of Tata Steel's UK assets is still on the table, business
minister Anna Soubry said on Wednesday, despite Britain's shock vote last month
to leave the European Union. 
    * CANADA LIFE: Canada Life Ltd said on Wednesday it was suspending its
property funds, becoming the sixth firm this week to do so. 
    * AMAZON UK: Online retailer Amazon has not seen a dip in sales at
its British business in the days after the country voted to leave the European
Union, its UK boss said on Wednesday. 
    * BANK OF ENGLAND: As Britain struggles with political chaos following its
vote to leave the European Union, central bank governor Mark Carney has stepped
into the breach to manage the economic fallout. 
    * BRITAIN ECONOMY: France and Britain were vying for fifth place on the list
of the world's biggest economies on Wednesday, with France nudging ahead after a
renewed slump in the pound in the wake of the Brexit vote, Reuters calculations
    * BRITAIN HEDGEFUNDS: Two British hedge fund firms out of 67 surveyed by
data provider Preqin are considering moving operations out of the country after
the vote to leave the European Union. 
    * COPPER: London copper futures edged higher on Thursday, snapping three
days of declines, in the wake of strong U.S. economic data, although indications
of slow demand kept a lid on gains after inventories of the industrial metal
touched a five-month high. 
    * OIL: Oil prices rose in early trading on Thursday, supported by a report
of another fall in U.S. crude inventories as well as a weaker dollar, although a
glut of refined products and economic growth concerns continue to weigh on
    * EX-DIVS: Burberry Group Plc and Next Plc will trade
without entitlement to their latest dividend pay-out on Thursday, trimming 1.05
points off the FTSE 100 according to Reuters calculations. 

 Marks and Spencer Group Plc            Trading Statement Release
 Great Portland Estates  Plc            Trading Statement 
 NCC Group Plc                          Full Year
 ReNeuron Group Plc                     Full Year
 Associated British Foods               Q3 Trading Statement
 Sports Direct Plc                      Full Year
 Dunelm Group                           Interim Management
                                        Statement Release
    > Financial Times                      
    > Other business headlines             
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 (Reporting by Rahul B in Bengaluru; Editing by Sunil Nair)