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UK Stocks-Factors to watch on July 3



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July 3 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.4%.


* OIL: Oil prices rose after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, while the market kept tabs on flaring tensions in the Middle East.

* GOLD: Gold prices were flat as investors awaited minutes of the Federal Reserve's last policy meeting for fresh cues on when the U.S. central bank will start cutting interest rates.

* METALS: Copper prices steadied as the U.S. dollar softened, while investors awaited some key data by major economies later in the day for clues on global demand outlook.

* FTSE: London's benchmark stock index closed at more than a two-month low on Tuesday as investors were cautious ahead of parliamentary elections, although an uptick in oil prices helped offset the declines.


* UK CORPORATE DIARY:

Topps Tiles

TPT.L

Q3 Trading update

* 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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