By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- The FTSE 100 rose for the first time in
three days on Tuesday, as investors waited for U.K. manufacturing
data and a speech by Bank of England Governor Mark Carney.
The London benchmark added 0.1% to 6,842.57, after two straight
days in the red.
Data: At 9:30 a.m., both manufacturing and industrial production
for July come out and will provide some clues as to how the U.K.
economy kicked off the third quarter. Economists expect both
readings to have climbed 0.3% on the month.
Mark Carney speech: Investors were also eagerly awaiting
Carney's speech in Liverpool, scheduled for 11:45 a.m. London time,
or 6:45 a.m. Eastern time.
"Traders often use these public appearances to scrutinize his
words to potentially gain further clarity and clues on the monetary
policies and any changes in the future," said Sam Fox, financial
sales trader, in a note.
Movers: Wm Morrison Supermarkets PLC climbed 2.5% after
Citigroup upgraded the supermarkets chain to buy, according to Dow
Jones Newswires.
Whitbread PLC put on 1.1% after the hotel and restaurant group
posted a 12.8% rise in total sales during the second quarter.
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