UK Stocks-Factors to watch on February 20
20/02/2026 04:53
Feb 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.4%. * HSBC: HSBC HSBA.L cut 10% of its U.S.-based debt capital markets team, continuing to cull costs after announcing a revamp of the business last October, Bloomberg News reported, citing people familiar with the matter. * SHELL: Shell SHEL.L reported a power disruption at its Corunna refining site in Canada, according to a community alerting message. * SHELL: General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow Shell to progress with its Dragon gas project, a company spokesperson told Reuters. * OIL: Oil prices rose on growing concerns a conflict may erupt between the U.S. and Iran, after Washington said Tehran will suffer if it does not agree a deal on its nuclear activity in a matter of days. * METALS: LME copper eased, set for a third week of decline, with the markets in top consumer China on the Lunar New Year break, with rising inventories and a firmer U.S. dollar weighing on the red metal. * GOLD: Gold prices ticked lower and were set for a weekly decline, as the dollar climbed to a near one-month high, while investors awaited key U.S. inflation data to assess the Federal Reserve's monetary policy moving forward. * FTSE: London's FTSE 100 dipped from record highs on Thursday as Rio Tinto's shares fell after the global miner's annual earnings missed expectations, while simmering U.S.-Iran tensions kept investors cautious. * UK CORPORATE DIARY:
| Segro | SGRO.L | FY results |
| TBC Bank | TBCG.L | Q4 and FY |
| Anglo American | AAL.L | FY results |