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UK Stocks-Factors to watch on July 1



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July 1 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.1%.


* SHEIN: Online fast-fashion group Shein is keeping alive a fallback option to list in Hong Kong despite filing for a London listing, the Financial Times reported on Friday, citing people familiar with the situation.

* ANGLO AMERICAN: Anglo American AAL.L said on Sunday it was battling an underground fire at its Grosvenor metallurgical coal mine in Australia's Queensland state after a blaze ignited there on Saturday.

* OIL: Oil prices edged up in early trade supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwinds and rising non-OPEC+ output capped gains.

* GOLD: Gold prices held steady after data showed U.S. inflation subsided, bolstering hopes that the Federal Reserve will start cutting interest rates this year.

* FTSE: British equities ended the week on a sour note after stronger-than-expected GDP data spurred worries over interest rate cuts by the Bank of England, while U.S. inflation reading for May boosted market sentiment.



* 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



Reporting by Prerna Bedi in Bengaluru

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