UK Stocks-Factors to watch on June 18
June 18 -Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.31%.
* EU:EU antitrust regulators are asking whether rivals proposed by British Airways owner IAG ICAG.L to take over some of Spanish airline Air Europa's routes are capable of operating them and competing with IAG, people familiar with the matter said on Monday.
* BANKS:Britain's Labour Party said on Monday it would give regulators new powers to significantly increase the number of 'banking hubs' on high streets if voted into government next month.
* COLONIAL PIPELINE:Some of Colonial Pipeline's owners are exploring divesting their stakes, hoping they can fetch prices that would value the largest U.S. fuel transportation system in excess of $10 billion, according to people familiar with the matter.
* OIL:Oil prices edged down in Asian trade on Tuesday, after posting gains in the previous session, as markets remained cautious about global demand growth prospects amid expectations of stronger supplies.
* GOLD:Gold prices inched up on Tuesday as the Treasury yields edged lower, while investors looked forward to economic data and comments from Federal Reserve officials throughout the week for clarity on the U.S. central bank's interest rate cut timeline.
* London's FTSE closed lower for the third straight session on Monday, ahead of a week of key economic data and the Bank of England's rate cut decision, with industrial metal miners adding to declines after weak Chinese output numbers.
* UK CORPORATE DIARY:
Ashtead | AHT.L | FY results |
Whitbread | WTB.L | Q1 trading update |
SThree | STEMS.L | HY trading update |
Renishaw | RSW.L | Capital Markets Day |
* 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 Radhika Anilkumar in Bengaluru;
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