UPDATE 1-UK Stocks-Factors to watch on March 19

miércoles 19 de marzo de 2014 03:37 GYT

(Adds futures, news)

LONDON, March 19 (Reuters) - Britain's FTSE 100 index is seen opening slightly higher on Wednesday, with futures up 0.1 percent by 0735 GMT ahead of the cash market open. For more on the factors affecting European stocks, please click on

* Investors were unlikely to place large bets ahead of a policy update from the U.S. Federal Reserve.

The Fed is set to further trim its bond-buying stimulus and could rewrite its guidance on when it might eventually raise interest rates, with some expecting chairman Janet Yellen to scrap a numerical target on unemployment and adopt a more flexible stance.

* The UK blue chip index closed up 36.93 points, or 0.6 percent, at 6,605.28 points - marking only the second time in the last eight sessions that it has ended in positive territory - after a speech by Russian President Vladimir Putin on Ukraine, which some traders interpreted as being conciliatory in tone.

* British finance minister George Osborne will announce a pre-election budget on Wednesday that is likely to offer some tax relief to voters but will stick closely to his tough decade-long plan to fix the public finances.   Continuación...