UK Stocks-Factors to watch on Nov. 7

BY Reuters | ECONOMIC | 11/06/24 11:49 PM EST
          Nov 7 (Reuters) - Britain's FTSE 100 index is
seen opening higher on Thursday, with futures up 0.12%.

    * RATES: The Bank of England is likely to cut interest rates
on Thursday for only the second time since 2020 but the big
question for investors is whether the BoE sends a signal about
its subsequent moves after the government's inflation-raising
budget.
    * RECKITT: Private equity groups Advent International and
Apollo Global are among firms considering a potential
buyout of consumer goods company Reckitt's homecare
assets, Bloomberg News reported, citing people familiar with the
matter.
    * HSBC (HSBC): HSBC Holdings (HSBC) is planning to issue a
3-year, 3 billion yuan ($417.8 million) panda bond, according to
a term sheet seen by Reuters.
    * RIO TINTO:  U.S. president-elect Donald Trump's new
administration should focus on speeding up the permitting
process  to ensure there is enough copper for the energy
transition, said a Rio Tinto executive, referring to its stalled
Arizona mine.
    * EX-DIVS: HSBC (HSBC), BP, Airtel Africa (AAFRF) and JD
Sports will trade without entitlement to their latest
dividend pay-outs on Thursday.
    * FTSE: The UK's benchmark FTSE 100 slipped as losses in
shares of homebuilders and precious miners countered an upbeat
global market sentiment following Republican Donald Trump's
election as U.S. president.

    * UK CORPORATE DIARY:
    Rolls-Royce                    Q3 Trading update
     Wizz Air (WZZAF)                         HY results
   Taylor Wimpey                   Q3 Trading update
   National Grid                      HY results
        BT                            HY results
       Hikma                    November Trading update
    Sainsbury's (JSNSF)                       HY results
      Hiscox (HCXLF)                       Q3 Trading update
        ITV                        Q3 Trading update
    Tate& Lyle (TATYF)                        HY results
    Auto Trader                       HY results
     John Wood                     Q3 Trading update
      IMI Plc (IMIAF)                         HY results
  Howden Joinery (HWDJF)                   Q3 Trading update
 Endeavour Mining (EDVMF)                  Q3 Trading update
     Trainline                        HY results


    * For more on the factors affecting European stocks, please
click on:
    TODAY'S UK PAPERS
    > Financial Times
    > Other business headlines

 (Reporting by Prerna Bedi in Bengaluru)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article