tradingkey.logo

UK Stocks-Factors to watch on April 2

ReutersApr 2, 2025 4:50 AM

- Britain's FTSE 100 .FTSE index is seen opening down on Wednesday, with futures FFIc1 down 0.37%.

THAMES WATER: Thames Water KMBWTH.UL said its debt restructuring proposals had secured approval, with over 95% of the outstanding principal amount of the qualifying Class A debt voting in favour.

WAGES: Pay awards granted by British employers cooled during the three months to February, according to an Incomes Data Research survey.

CARMAKERS: UK's Competition and Markets Authority imposed 77.7 million pounds ($100.43 million) fine on 10 carmakers, including BMW BMWG.DE and Ford F.N, and two trade bodies, The Society of Motor Manufacturers & Traders and the ACEA , for breaking vehicle recycling-related competition law.

OIL: Oil prices steadied after falling in the previous session on concerns new U.S. tariffs.

METALS: Copper prices in London edged up, but gains were capped as cautious investors awaited details of reciprocal tariffs.

GOLD: Gold prices extended their gains, following a record high in the previous session, as investors sought the comfort of the safe-haven metal.

The UK blue-chip index .FTSE closed up 0.6% on Tuesday after touching a near three-week low in the previous session, while investors remained cautious ahead of U.S. President Donald Trump's planned reveal of reciprocal tariffs on Wednesday.

UK CORPORATE DIARY:

SSE

SSE.L

Full-Year Trading Update

Raspberry Pi Holdings

RPI.L

Full-Year Earnings Release

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

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI