UK Stocks-Factors to watch on August 13
Aug 13 -Britain's FTSE 100 .FTSE index is expected to open higher on Tuesday, with futures FFIc1 up 0.25%.
* OIL: Oil prices edged lower breaking a five-day streak of gains after OPEC on Monday cut its 2024 demand growth forcast over softer expectations in China.
* GOLD: Gold prices eased as profit-taking kicked in after bullion hit an over one-week high, while market players awaited U.S. inflation data for further insight into the Federal Reserve's next policy decision.
* METALS: London copper fell, snapping a three-session rally as investors wait for data from U.S. and China later this week for more clues to support prices.
* FTSE: London stocks kicked off the week on a positive note on Monday, supported by resources-linked shares amid rising oil and metal prices. Shares of BT Group BT.L surged after India's Bharti took a stake in the telecoms firm.
* UK CORPORATE DIARY:
Dowlais Group | DWL.L | HY Results |
Just Group | JUSTJ.L | HY Results |
Flutter | FLTRF.L | Q2 Results |
* 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; Editing by Sumana Nandy
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