Britain's FTSE 100 index is seen opening higher with futures up
0.20% on Thursday.
* SHELL: A group of European institutional investors is backing a novel
London lawsuit against Shell's board over alleged climate mismanagement
in a case that could have far-reaching implications for how companies tackle
emissions.
* UK HOUSING MARKET: Britain's housing market suffered the most widespread
price falls since 2009 last month as the run of interest rate increases over the
past year weighed on would-be buyers, according to a survey published on
Thursday.
* GOLD: Gold prices rose for the fourth straight session on Thursday as the
dollar faltered, but bullion's outlook remained cloudy as several U.S. Federal
Reserve officials said more interest rate increases were needed to rein in
inflation.
* OIL: Oil prices were broadly steady on Thursday as the prospect of higher
fuel demand in China as it reopens post-COVID curbs was offset by fears that
U.S. crude stocks hitting their highest for months may signal weakening demand
in the world's no. 1 economy.
Britain's blue-chip FTSE 100 index briefly hit a record high on Wednesday,
boosted by gains in oil major BP, while investors drew comfort from less
hawkish than feared remarks by Federal Reserve Chair Jerome Powell.
UK CORPORATE DIARY:
FY Results
Astrazenec
a Unilever FY Results HY Results
Redrow Plc Bellway Trading Update
Compass Q1 Trading
Group Update
British Prelim FY
American Results
Tobacco
Watches of Q3 Trading
Switzerlan Update
d
* For more on the factors affecting European stocks, please click on:
TODAY'S UK PAPERS
> Financial Times
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(Reporting by Sruthi Narasimha Chari in Bengaluru)
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