OUTLOOK Sodexo to show solid 9-mth sales; mkt seeking reassurance on U.S., costsTFN UK calendar and forecasts for todayTFN economic and business calendarThomson Financial Europe AM at a glance share guide: Shares mixed, oil surges

09:30 UK PMI Construction June (consensus 43.1)
10:00 EU Eurozone PPI May (MoM consensus 0.9%, YoY 6.7%)
12:00 US MBA Mortgage Applications
15:00 US Factory Orders May (consensus 0.5%)
15:30 US Crude Oil Inventories (consensus -750K)
15:30 US Gasoline Inventories (consensus 750K)

FOCUS Barclays suffers sharp increase in interest from short sellers

LONDON (Thomson IM) - UK bank Barclays Plc. has attracted a large spike in interest from short sellers in the wake of its 4.5 billion pounds cash call, according to figures from Data Explorers.

Analysts said the shorting looked like a 'bear contingent' in the market betting that further writedowns or capital raising would follow.

Data Explorers' assessment shows that some 9.54 percent of Barclays stock was out on loan as of the close of business on Friday, representing a sharp climb from between 6 percent and 7 percent before the announcement.

http://www.moneyam.com/action/news/showArticle?id=3074995

London shares outlook - higher after U.S. rebound; Taylor Wimpey update due

The Wednesday Press Roundup

BROKERWATCH Diageo cut to 'neutral' from 'buy' at UBS, target cut to 1,000pThomson Financial UK at a glance share guide

STOCKWATCH Astrazeneca seen higher as Seroquel risks fade

BROKERWATCH SABMiller introduced as 'short-term sell' at UBS; target 1,230 pUK smallcap opening - Oilex lifted by pleasing results from Cambay-19Z

UK smallcap opening - Forum Energy soars on mandatory Philex bid

BROKERWATCH Sage upped to 'hold' from 'sell' at Seymour Pierce, target 200 pence

UK smallcap opening - Ennstone down on FY profits warningLondon shares open up after U.S. rebound; AstraZeneca up as Seroquel risks fade

STOCKWATCH Marks & Spencer slumps on LFL sales fall; brokers largely negativeUK smallcap opening - Leni Gas & Oil eases on fresh placing news

STOCKWATCH Taylor Wimpey plunges on failed cash call; other housebuilders fall

UK smallcap opening - Hidefield Gold perks up on positive Don Nicolas updateUK smallcap opening - Petroceltic hardens on Italian permits news

STOCKWATCH Taylor Wimpey plunges; other housebuilders fall UPDATEUK smallcap opening - Housebuilders hit by Taylor Wimpey's woes

UK smallcap opening - Independent Resources up on Rivara deal

STOCKWATCH AstraZeneca higher as Seroquel risks fadeUK small caps open lower, with Ennstone hard-hit on FY profits warning

Metals - Gold consolidates near $940/oz, strong oil, dollar weakness supports

STOCKWATCH William Hill down after Italian jv sale; Merrill Lynch disappointed