UK Stocks-Factors to watch on November 11

By Reuters News

- Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures up 0.4%.

*UK INFLATION: The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to forecasts from a leading academic think-tank which also nudged up its outlook for growth.

*NSCALE: British cloud services provider Nscale is considering delaying a $35 billion stock market listing, The Telegraph reported on Tuesday.

*TOUCHSTONE EXPLORATION: British investor who orchestrated a bogus £154 million bid for oil and gas producer Touchstone Exploration TXP.TO, was handed a two-year suspended jail sentence by a London court on Tuesday.

*UK BUDGET: Britain's government is investigating how details of a bank tax rise were reported in the media before finance minister John Healey announced them in his budget last month, according to a letter published by a parliamentary committee on Tuesday.

*OIL: Oil prices rose on Wednesday after falling to two-month lows in the previous session, as the market swung between hopes for a de-escalation in the Iran war and concerns about ongoing attacks on shipping in the Strait of Hormuz.

*GOLD: Gold prices edged higher on Wednesday after a nearly 3% slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented expectations of a Federal Reserve interest rate hike next month, weighing on bullion.

*METALS: Shanghai aluminium prices fell for a second consecutive session on Wednesday to touch an 11-month low, pressured by a firmer dollar, a bump up in exports from China and some optimism about de-escalation in the Middle East conflict.

*FTSE 100: UK's FTSE 100 edged lower on Tuesday as falling gold prices weighed on miners, while investors assessed hawkish comments from Bank of England Deputy Governor Clare Lombardelli.

* UK CORPORATE DIARY:

ITV

ITV.L

Q3 trading update

EasyJet

EZJ.L

Court meeting

Taylor Wimpey

TW.L

Q3 trading update

Fuller Smith & Turner

FSTA.L

HY results

Vesuvius

VSVS.L

Q3 trading update

Spirax Group

SPX.L

Q3 trading update

* For more on the factors affecting European stocks, please click on: LIVE/

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.