UK Stocks-Factors to watch on May 11

Compass

11/05/2026 06:20

May 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.13%.

* JOBS: Britain's jobs market lost momentum in April after recruiters turned more cautious about hiring as the Iran war heightened cost pressures, an industry survey showed.

* OIL: Oil prices rallied, a day after President Donald Trump said Iran's response to a U.S. proposal was "unacceptable," raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.

* METALS: Copper prices edged higher, supported by stronger-than-expected inflation data from top consumer China and supply concerns after Freeport delayed a full recovery of its Grasberg mine in Indonesia.

* GOLD: Gold prices fell, as a lack of progress in U.S.-Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer.

* FTSE: UK's FTSE 100 slipped on Friday as fresh clashes in the Gulf raised fears over a fragile month-long U.S.-Iran ceasefire, while investors digested early local election results showing heavy losses for Prime Minister Keir Starmer's Labour Party.

* UK CORPORATE DIARY:

Compass Group
CPG.L
HY results
Victrex
VCTX.L
HY results
Caledonia Mining
CALq.L
Q1 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

(Compiled by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))