UK Stocks-Factors to watch on February 11
11/02/2025 04:43
Feb 11 (Reuters) - Britain's FTSE 100 .FTSE index is
seen opening lower on Tuesday, with futures FFIc1 down 0.05%.
* UK RETAIL: British retailers reported a reasonable start
to 2025 after a disappointing 2024 but are concerned about rises
in employment costs in April and broader inflation pressures, a
trade body said on Tuesday
* SABA CAPITAL: Saba Capital Management has added more UK
investment trusts to its activist campaign and plans to further
shake up the sector.
* OIL: Oil prices were steady on Tuesday as traders digested
another round of trade tariffs, this time a 25% levy on all U.S.
imports of steel and aluminium.
* METALS: London aluminium traded in a tight range near its
three-week high on Tuesday as investors weighed risks of a major
global trade war.
* GOLD: Gold prices soared to a record high on Tuesday, as
investors flocked to the safe-haven asset after U.S. President
Donald Trump imposed new 25% tariffs on steel and aluminium
imports.
* FTSE: London's blue-chip FTSE 100 closed at an all-time
high on Monday, boosted by oil major BP, while a rise in
precious metal miners also powered gains on the index.
* UK CORPORATE DIARY:
BP Plc BP.L Q4 Results
Bellway Plc BWY.L Trading update
Dunelm DNLM.L Interim results
PZ Cussons PZC.L Interim results
MJ Gleeson GLEG.L Interim results
Wynnstay WYWYN.L FY results
Plc
* 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 Raechel Thankam Job)
((RaechelThankam.Job@thomsonreuters.com;))