* Britain's FTSE 100 index set to open 29-33 points lower, or as
much as 0.6 percent, on Monday according to financial bookmakers. For more on
the factors affecting European stocks, please click on
* Britain's FTSE 100 hit its highest level in six months on Friday, thanks
to fresh economic stimulus from the U.S. Federal Reserve.
The FTSE 100 closed up 95.63 points, or 1.6 percent, at 5,915.55 points, off
an intra-day high of 5,932.62. Implied volatility on the index, seen as a crude
barometer of investor caution, hit a one-month low.
* London copper prices slipped on Monday, but still retained most of the
previous session's steep climb to a 4-1/2 month top as a new round of U.S.
monetary stimulus measures and a weak dollar continued to support prices.
* QE3: The Federal Reserve's attempts to push aid into the heart of the U.S.
economy is being blunted by banks struggling to process mortgage applications
fast enough, writes the Financial Times.
* ESM: Handing bank oversight to the European Central Bank is not in itself
sufficient to allow the euro zone's rescue fund to directly assist banks,
Germany's Finance Minister said, warning he expected no such deal on supervision
* BAE SYSTEMS : Franco-German aerospace and defence group EADS
is prepared to offer Germany a veto right and job guarantees in a bid
to gain political approval for a merger with Britain's BAE Systems,
Financial Times Germany (FTD) said on Sunday, citing industry sources.
* JJB : Britain's Sports Direct is poised to complete a
takeover of struggling rival JJB in a move that could result in half of the
latter's stores being closed and thousands of jobs put at risk, the Telegraph
* UK CORPORATE DIARY:
ALLERGY THERAPEUTICS reports full-year results.
AVINGTRANS posts full-year results.
BRADY issues first-half.
INTL FERRO METALS unveils full-year results.
TODAY'S UK PAPERS
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* 3000 Xtra : visit* BridgeStation: view story .134(Written by David Brett; Editing by Louise Ireland)