Gold prices hold sharp gains as soft US jobs data fuels Fed rate cut bets
Aug 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 1
point at 7,173 on Wednesday, according to financial bookmakers.
* HSBC GLOBAL ASSET MANAGEMENT: HSBC Global Asset Management has appointed
Nicolas Moreau as its new chief executive, the firm said in a statement on
Tuesday, adding that he will join the $500 billion business in September.
* OIL: Oil prices steadied on Wednesday after falling at the start of the
session, with the potential for damage to the global economy and fuel demand
from the intensifying Sino-U.S. trade dispute continuing to cast a shadow over
the market. * GOLD: Gold prices touched a more than six-year high on Wednesday, as the
trade war between China and the United States showed no signs of abating,
boosting the appeal of safe-haven assets. * The UK blue chip index closed down 0.7% at 7171.69 points, bringing its
losses to more than 5% since U.S. President Donald Trump announced more tariffs
on Chinese exports, while poor results sent Rolls-Royce tumbling. * For more on the factors affecting European stocks, please click on:
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* UK CORPORATE DIARY:
Spirax-Sarco SPX.L Half Year Earnings Release
Glencore GLEN.L Half Year Earnings Release
Acacia Mining ACAA.L Half Year Earnings Release
Secure Trust STBS.L Half Year Earnings Release
Bank
Ultra ULE.L Half Year Earnings Release
Electronics
Phoenix Group PHNX.L Half Year Earnings Release
Pagegroup PAGE.L Half Year Earnings Release
Morgan Sindall MGNS.L Half Year Earnings Release
Standard Life SLA.L Half Year Earnings Release
Aberdeen
Legal & General LGEN.L Half Year Earnings Release
Flutter FLTRF. Half Year Earnings Release
Entertainment L
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