UK Stocks-Factors to watch on May 27
UK Stocks-Factors to watch on May 27 May 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.22%.
* OIL: Oil prices pulled back from recent highs, erasing some of the previous day's 4% gain as traders sought clarity on complex negotiations between Iran and the U.S. after renewed hostilities set back efforts to reopen the Strait of Hormuz.
* METALS: London copper prices rose to a near two-week high as lower oil prices eased fears of inflation and slowing economic growth.
* GOLD: Gold prices edged lower as investors assessed ongoing tensions between the U.S. and Iran, and awaited comments from Federal Reserve officials for monetary policy clues.
* FTSE: UK stocks climbed on Tuesday, with the FTSE 250 touching a near three-month high on renewed optimism over U.S.-Iran talks.
* UK CORPORATE DIARY:
Greencore | GNC.L | HY results |
Hollywood Bowl | BOWL.L | HY results |
Pets at Home | PETSP.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
(Compiled by Neeshita Beura in Bengaluru; Editing by Nivedita Bhattacharjee)