UK Stocks-Factors to watch on Dec. 3 (updated)
03/12/2024 06:37
(Adds corporate diary section)
Dec 3 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening higher on Tuesday, with futures FFIc1 up 0.17%.
* UK RETAILERS: British retailers reported lacklustre sales
in November, according to industry data, affected by the timing
of the Black Friday sales, although it still pointed to
weakening consumer confidence.
* UK FIRMS IN CHINA: British companies operating in China
feel that doing business in the world's second-largest economy
has become harder over the past year due to sluggish economic
conditions and they expect that situation to remain in 2025, a
survey found.
* OIL: Oil prices were little changed, trading within a
narrow range, as traders awaited the outcome of an OPEC+ meeting
later this week.
* GOLD: Gold prices edged higher, supported by growing
expectations of a U.S. interest rate cut this month, as focus
shifted to upcoming economic data for additional insights.
* METALS: London copper prices fell for a second straight
session as a firmer U.S. dollar and as uncertainty over
potential U.S. tariffs weighed on the market.
* FTSE 100: The UK's FTSE 100 touched a six-week closing
high on Monday, extending November's modest gains, as a slide in
sterling supported shares of international firms.
* UK CORPORATE DIARY:
SSP Group SSPG.L FY results
Marston's MARS.L FY results
Paragon Banking Group PAGPA.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 Aby Jose Koilparambil in Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))