UK Stocks-Factors to watch on October 20
UK Stocks-Factors to watch on October 20 Oct 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.5%.
* ITHACA ENERGY: Oil and gas producer Ithaca Energy ITH.L will likely halt further investment in Britain if the government does not approve its Rosebank oilfield in the North Sea, chair Yaniv Friedman said in an interview with the Financial Times on Tuesday.
* UNILEVER: Unilever ULVR.L said on Monday it has agreed to sell Welly Health PBC to private-equity firm Forward Consumer Partners, but did not disclose financial terms of the sale.
* BARCLAYS :Barclays BARC.L said its £15 billion ($19.97 billion) private credit exposure was treated in line with accounting and regulatory capital requirements after a report the Bank of England was examining if its traders had understated the risk.
* UK's BUDGET: British finance minister John Healey has rejected calls to raise capital gains tax in his first budget on October 28, opting instead to prioritise economic growth and business investment, the Times reported on Monday.
* OIL: Oil prices were mixed on Monday after attacks by Yemen's Iran-aligned Houthis on a Yemeni military training camp and renewed attacks on Saudi energy, airport and military facilities.
* GOLD: Gold slipped in early Asian trade on Tuesday as investors awaited the US Federal Reserve policy decision next week for signals on interest rates and the broader outlook for monetary policy
* METALS: Copper held steady on Tuesday as cautious buying in China at high prices offset Goldman Sachs' raised price forecasts and swelling US inventories ahead of potential import tariffs.
* FTSE 100: London's FTSE 100 closed down on Monday, dragged by Barclays, which fell after a report said that the Bank of England was probing the lender, while weakness in miners added further pressure
* UK CORPORATE DIARY:
Anglo American | AAL.L | Q3 Production report |
Bunzl | BNZL.L | Q3 trading statement |
Wickes | WIX.L | Q3 trading statement |
Sabre Insurance | SBRE.L | Q3 trading statement |
* 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
(Compiled by Tuhina in Bengaluru)
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