Britain’s FTSE 100 .FTSE index is seen opening 105 points higher at 7,246.2 on Wednesday, according to financial bookmakers.
* SHAZAM: EU antitrust regulators will examine iPhone maker Apple’s AAPL.O acquisition of British music discovery app Shazam following a request from seven European countries.
GOLD: Gold prices rose on Wednesday as investors used dips to accumulate the yellow metal after it dropped more than one percent to its lowest in over three weeks in the previous session. OIL: Oil prices rose on Wednesday amid a share market recovery and supported by a report that U.S. crude inventories fell last week, although analysts warned that soaring U.S. output and a seasonal demand drop could soon weigh on crude.
METALS: London base metals recovered some of the ground lost in the previous session as global equities bounced back after days of sharp falls and investors focused on fundamentals.
BRITAIN ECONOMY: Britain’s Brexit-bound economy will grow faster than previously thought over the next two years, thanks mostly to strength in the global economy, the National Institute of Economic and Social Research, said.
BRITAIN-EMPLOYMENT: Britain said on Wednesday it would launch a consultation into workplace rights after mounting criticism from some unions and lawmakers that those in the “gig economy” are being exploited. The UK blue chip index closed down 2.6 percent at 7,141.4 points on Tuesday, as a violent global sell-off in stock markets and a spike in volatility shook investors.
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