UK Stocks-Factors to watch on Nov 22
Nov 22 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.50%.
* BP: BP BP.L and partners said they would invest $7 billion in a carbon capture project and gas field development in Indonesia's easternmost Papua region that could unlock 3 trillion cubic feet of additional gas resources.
* UK CONSUMER: British consumers have turned less pessimistic following the government's first budget and the U.S. presidential election and they are showing more appetite for spending in the run-up to Christmas, according to a survey published on Friday.
* OIL: Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies.
* GOLD: Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts.
* METALS: Base metal prices mostly traded lower on Friday, pressured by a stronger dollar and risk-averse sentiment due to the escalation in the Ukraine-Russia war.
* The UK's blue-chip FTSE 100 rose to a near two-week high on Thursday, as a dip in sterling and rise in Halma's shares offset a slump in JD Sports after it issued a profit warning.
* UK CORPORATE DIARY:
Workspace | WKP.L | HY results |
Unilever | ULVR.L | Investor event |
* 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 Yamini Kalia in Bengaluru; Editing by Sumana Nandy
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