UK Stocks-Factors to watch on June 18
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LONDON, June 18 (Reuters) - Britain's FTSE 100 index is seen opening 12 points higher, or up 0.2 percent on Wednesday, according to financial bookmakers. For more on the factors affecting European stocks, please click on
* Futures for the index were up 0.3 percent by 0625 GMT.
* The UK blue chip index closed up 12.13 points, or 0.2 percent, at 6,766.77 points in the previous session.
* The Fed is widely expected to cut another $10 billion from its monthly bond purchases, while investors will be watching for any comments on when the Fed would begin to raise interest rates and its outlook for the economy.
* ROYAL BANK OF SCOTLAND - The bank's 'turnaround' unit was not used to make a profit out of small businesses struggling to survive, the head of the division told lawmakers on Tuesday.
* DAILY MAIL AND GENERAL TRUST - Zoopla Property Group, the property website majority owned by Daily Mail And General Trust, on Wednesday set the price of its initial public offer in the lower half of the range, valuing the group at 919 million pounds ($1.5 billion).
* BARCLAYS - Santander Totta, the Portuguese offshoot of Spain's Santander, is eyeing the local commercial loan books of Barclays and BBVA, chief executive Antonio Vieira Monteiro told Reuters on Tuesday.
* BERKELEY - The British housebuilder posted a 40 percent rise in full-year pretax profits, at the top end of its guidance, and said it was on track to deliver further growth in the long-term. Continuación...