UK Stocks-Factors to watch on June 30

J Sainsbury

30/06/2026 06:21

    June 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.1%. 

* CRYPTO: Britain's financial regulator said it would reduce its planned capital requirements for stablecoin issuers after industry pushback, as it unveiled regulations to bring the cryptoasset sector fully within its remit for the first time.
* DEFENCE: Britain will unveil its long-delayed Defence Investment Plan, prioritising £5 billion of investment in drones and a focus on autonomous systems, to try to modernise and build up its depleted armed forces at a time of rising threats.
* BUSINESS MORALE: British businesses' confidence about the economic outlook fell this month although their assessment of their ‌own prospects was less downbeat, a survey by Lloyds showed.
* OIL: Oil prices dipped and were poised for a second month of declines, with investors eyeing potential U.S.-Iran talks in Doha amid a strained interim ceasefire in the four-month-old war.
* GOLD: Gold prices fell more than 1% and were set for their biggest monthly decline since October 2008, as uncertainty in the Middle East gave way to expectations of U.S. interest rate hikes to tame elevated inflation.
* METALS: Copper drifted, as traders held back ahead of possible U.S. tariffs, while a firm dollar countered an expansion in China's factory activity.
* The UK blue-chip index .FTSE closed 0.2% lower on Monday led by declines in miners and financials, as renewed Middle East hostilities weighed on risk sentiment. 

* UK CORPORATE DIARY:
Sainsbury
SBRY.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 Anushka Chourasia in Bengaluru)
 ((Anushka.Chourasia@thomsonreuters.com))