UK Stocks-Factors to watch on July 29
July 29 -Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.37%.
* OIL: Oil prices rose, paring last week's loss, on fears of a widening conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United States blamed on Lebanese armed group Hezbollah.
* GOLD: Prices of safe-haven gold climbed on heightened geopolitical tensions in the Middle East and amid expectations of a U.S. rate cut in September, while focus shifted to the Federal Reserve's policy meeting due later this week.
* METALS: Copper prices struggled in a tight range after three straight weeks of declines, with investors looking more cues on the global economic outlook from the Federal Reserve meeting and U.S. data releases this week.
* FTSE: British mid-cap stocks rallied to their strongest finish in more than two years on Friday, helped by a slew of upbeat company earnings reports and a rebound on Wall Street following benign U.S. inflation data.
* UK CORPORATE DIARY: '
Pearson | PSON.L | HY Results |
Cranswick | CWK.L | Q1 Trading update |
BetMGM | ENT.L | HY 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
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