UK Stocks -- Factors to watch on Nov 4

LONDON, Nov 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening
up 27-33 points on Wednesday, reclaiming some the previous session's falls, with
underlying caution ahead of the U.S. Federal Reserve's rate decision and
statement.

Financial bookmakers saw the UK blue-chip index gaining as much as 0.7
percent on opening, after it fell to its lowest closing level in a month on
Tuesday, shedding 67.29 points, or 1.3 percent, to 5,037.21, weighed down by
banks.

Ex-dividend factors will knock 9.40 points off the index on Wednesday, with
GlaxoSmithKline (GSK.L), Intertek Group (ITRK.L) and Royal Dutch Shell (RDSa.L)
(RDSb.L) all losing their dividend attractions.

In domestic economic news, British consumer morale has hit its highest
levels in the last two months since April 2008, a survey showed. [ID:nLAG005888]

Permanent job placements in Britain grew for a third consecutive month in
October and at the fastest pace in two years, a survey by the Recruitment and
Employment Confederation and accountancy firm KPMG showed. [ID:nL3627060]

British shop prices were flat in October compared with a year ago after
falling in the previous two months, the British Retail Consortium said.
[ID:nL3186531]

Investors will look at the UK CIPS services PMI report for October, due for
release at 0928 GMT, with the headline PMI number seen rising to 55.5, up from
September's 55.3.

The latest Bank of England Monetary Policy Committee meeting starts on
Wednesday, decisions from which are due on Thursday.

No change to UK interest rates is expected but an increase in the bank's
quantitative easing policy is anticipated. [ID:nLU602849]

Investors' attention will also be drawn across the Atlantic. After the UK
market close, the spotlight will fall on the U.S. Federal Open Market Committee
meeting result, scheduled for 1915 GMT, with interest rates expected to be kept
close to zero.

Ahead of that investors will watch the U.S. ADP employment survey, which may
give some clues as to what will happen with Friday's non-farm payrolls data.

* GLOBAL MARKETS-Dlr edges down, Asia stocks up before Fed [ID:nT173386]

* Nikkei flat before Fed, Fast Retailing climbs [ID:nT174730]

* S&P 500, Nasdaq end higher on deal news [ID:nN03373317]

* FOREX-Dollar holds near 1-month high, Aussie trips on data [ID:nT173780]

* TREASURIES-Sit tight in Asia ahead of Fed, supply [ID:nT152370]

* Oil dips towards $79 after U.S. fuel stock rise [ID:nSP532978]

* PRECIOUS-Gold eases after records hit, ETF inches higher [ID:nT126170]

* METALS-Copper gains, anticipating dollar fall after Fed [ID:nSP532277]

UK stocks to watch on Wednesday:

MARKS AND SPENCER GROUP (MKS.L)

The retailer posts first-half results. M&S plans to sell a selected range of
around 400 branded grocery and household products following a 16-month trial in
some stores, it said. [ID:nL3696547]

WM MORRISON (MRW.L)

Waitrose and WM Morrison will be targeted by a co-ordinated boycott by a
group of organisations in a "week of action" protesting against the sale of
Israeli goods, reported The Daily Telegraph.

NEXT (NXT.L)

The clothing retailer issues a trading update.

BP (BP.L)

The terms of a joint venture to develop the Rumaila oilfield in Iraq have
been agreed by a consortium comprising BP, the Chinese company CNPC and the
country's State Oil Marketing Organisation, reported the Independent.

It is hoped that the oilfield's output will grow from 1 million to 3 million
barrels per day, making it the second-most productive field in the world by the
second half of the next decade, said the newspaper.

CADBURY (CBRY.L)

Kraft Foods (KFT.N) has obtained a $9 billion in bridge financing from a
group of nine banks to back its 10.2 billion pound ($16.7 billion) bid for the
British confectioner, bankers told Thomson Reuters Loan Pricing Corporation.
[ID:nN03519569]

AVIVA (AV.L)

The insurer issues a trading update.

COBHAM (COB.L)

The defence electronics company issues a trading update.

LIBERTY INTERNATIONAL (LII.L)

The shopping mall owner issues a trading update.

REDROW (RDW.L)

The housebuilder issues a trading update.

TAYLOR WIMPEY (TW.L)

The housebuilder issues a trading update.

RIGHTMOVE (RMV.L)

The property website issues a trading update.

JD WETHERSPOON (JDW.L)

The pubs group issues a trading update.

LOGICA (LOG.L)

The computer services firm issues a trading update.

PACE (PIC.L)

The set-top box maker issues a trading update.

FIRSTGROUP (FGP.L)

The transport operator posts first-half results.

UMECO (UMC.L)

The aerospace parts supplier reports first-half results.

WSP GROUP (WSPG.L)

The building and environmental consultancy issues a trading update.

ALTERIAN (ALN.L)

The marketing software provider posts first-half results.

JUST RETIREMENT JR.L

The specialist life insurer holds its annual general meeting.

TODAY'S UK PAPERS

> Financial Times [PRESS/FT]

> Other business headlines [PRESS/GB]

(Reporting by Tricia Wright)