UK Stocks-Factors to watch on June 19
UK Stocks-Factors to watch on June 19 June 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.2%.
* POLITICS: Labour mayor Andy Burnham cleared a path to ousting British Prime Minister Keir Starmer after decisively winning a parliamentary seat in northern England in what could be the most consequential local election in more than six decades.
* GKN AEROSPACE: A California aerospace factory operated by the Melrose-owned MRON.L GKN Aerospace plans to restart some production, sources and a county health agency said.
* CONSUMER SENTIMENT: British consumer confidence held steady in June, but younger people turned more pessimistic about the economy and their personal financial situation against a backdrop of political uncertainty, a survey showed.
* OIL: Oil prices fell as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the U.S. and Iran.
* GOLD: Gold prices were on track for a third consecutive weekly decline, falling more than 1%, as a stronger dollar and hawkish signals from the U.S. Federal Reserve weighed on the metal.
* METALS: Copper edged down, as expectations of higher-for-longer U.S. interest rates weighed on the market despite support from progress toward a peace deal in the Middle East.
* FTSE: Britain's FTSE 100 fell on Thursday, pressured by miner and technology shares, while the Bank of England left interest rates unchanged, as widely expected.
* 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 Nithyashree R B in Bengaluru)