UK Stocks-Factors to watch on November 21

Asos

21/11/2025 05:50

Nov 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Friday, with futures FFIc1 down 1%.

* BP: BP.L said its Olympic Pipeline remained shut on Thursday following a leak earlier this month near Everett, Washington.

* CONSUMER CONFIDENCE: British consumer confidence edged down in November but remained in its narrow range of the past six months, a survey showed on Friday, in contrast to other data that has shown more weakness ahead of finance minister Rachel Reeves' budget next week.

* OIL: Oil prices fell 1.5% on Friday, extending declines for a third straight session as the United States pushed for a Russia-Ukraine peace.

* GOLD: Gold slipped on Friday and was heading for a weekly fall, as a stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve would refrain from cutting interest rates at its December meeting.

* COPPER: Copper slipped on Friday and was set for a weekly loss, as a firm U.S. dollar and mixed September jobs data kept investors cautious ahead of the Federal Reserve's December interest rate decision, with China's subdued demand adding further pressure.

* FTSE: London's FTSE 100 snapped a five-day losing streak on Thursday, as defence and energy shares led a recovery amid a global rally sparked by AI bellwether Nvidia's upbeat forecast.

* UK CORPORATE DIARY:

Babcock
BAB.L
HY results
ASOS
ASOS.L
FY 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 Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com;))