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UK Stocks-Factors to watch on Date January 16

Jan 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.08%.

* HSBC: HSBC HSBA.L said it was undertaking a strategic review of its insurance business in Singapore, as it moves to simplify its operations globally.

*  RIO TINTO: Rio Tinto RIO.L said it would supply copper that it leaches from an Arizona mine to Amazon.com AMZN.O for use in the tech giant's artificial intelligence data centers.

* OIL: Oil prices fell on Friday, extending losses from the previous session, as concerns about supply risks eased after the likelihood of a U.S. strike on Iran receded.

* METALS: Copper prices fell, weighed by rising concerns over demand prospects in top consumer China following downbeat data and a lack of benchmark rate cuts.

* GOLD: Gold extended its losses after stronger-than-expected U.S. economic data dampened expectations of the U.S. Federal Reserve cutting interest rates sooner, and softening geopolitical frictions shrunk safe-haven demand for the metal.

* FTSE: The UK's benchmark index closed at a record high on Thursday after upbeat data underscored the economy's resilience, while a strong earnings run boosted financials.

* UK CORPORATE DIARY:

Ninety OneN91.L N91.LQ3 AUM update
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* 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))

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