UK Stocks — Factors to watch on April 8

LONDON, April 8 (BestGrowthStock) – Britain’s FTSE 100 (.FTSE: ) index is seen
opening down 26-28 points, Thursday, according to financial bookmakers,
mirroring weakness in Asia and on Wall Street, with investors awaiting the
outcome of the latest Bank of England Monetary Policy Committee meeting at 1100

The UK blue chip index is seen opening around 0.5 percent lower after it
closed 18.29 points down on Wednesday at 5,762.06.

Economists expect the BoE to keep interest rates at 0.5 percent and not to
add to the 200 billion pounds of asset purchases made under its quantitative
easing programme, as inflation eased in line with central bank forecasts this
month and growth remains uncertain.

Japan’s Nikkei 225 (.N225: ) fell 1.1 percent after the Dow Jones Industrial
Average (.DJI: ) lost 0.7 percent on Wednesday.

The pace of future fiscal tightening is also unclear with the British
election set for May 6 and no party clearly in the lead. For preview of rate
decision: [ID:nLDE63012K]

The European Central Bank will also make its latest monetary policy
announcement at 1145 GMT on Thursday, with no changes also expected.

Ahead of the rate announcements, investors will focus on British industrial
and manufacturing output numbers for February, scheduled for 0830 GMT.

Economists expect factory output to rebound in February after an
unexpectedly sharp drop in January when output fell due to unusually icy weather
and a rush of production in December to beat tax rises.

In the afternoon, investors will look to the latest weekly U.S. jobless
claims to provide a further snapshot of the unemployment picture across the

* US STOCKS-Wall St slides on rate angst; airlines up late [ID:nN07136898]

* GLOBAL MARKETS-Asia stocks down after strong gains, euro off[ID:nSGE637040]

* Nikkei dips, exporters slip on stronger yen [ID:nTOE63701O]

* Oil falls 2nd day as dollar, U.S. crude inventories up [ID:nSGE63706J]

* TREASURIES-Bonds rally on record 10Y sale, Greece worries [ID:nN07107282]

* METALS-LME copper falls 0.7 pct, drags Shanghai lower [ID:nSGE63705F]

* PRECIOUS-Gold falls from 3-month high on firm dlr [ID:nSGE63705A]

UK stocks to watch on Thursday are:


Barclays Capital plans to boost hiring in Brazil and Latin America as the
investment banking unit of Britain’s Barclays looks to increase its research
team in the region and offer equity underwriting, top executives at the firm
said on Wednesday. [ID:nN07130335]

BP (BP.L: )

Denali, the company created by oil giants BP and ConocoPhillips (COP.N: ) to
build and operate a natural gas pipeline from Alaska’s North Slope to North
American markets, estimates the project will cost $35 billion, according to
documents filed on Wednesday with federal regulators. [ID:nN07120210]


British Airways and union officials have resumed talks aimed at averting
further strikes in a long-running dispute over pay and jobs, the Unite union
said on Wednesday. [ID:nLDE63625M]


The retailer issues a Q4 trading update.


The miner issues key performance indicators.


The discount airline reports monthly traffic figures.


The staffing firm issues a trading update.


The software provider issues a trading update.


The specialty chemicals group issues a trading update.


The staffing group issues a trading update.


The infrastructure group reports full-year results.


The specialist materials group holds its annual general meeting.

Stock Investing

(Reporting by Jon Hopkins and Simon Falush)

UK Stocks — Factors to watch on April 8