UK Stocks-Factors to watch on July 7 (updated)
UPDATE 1-UK Stocks-Factors to watch on July 7 Adds new items
July 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futures FFIc1 up 0.1%.
* SHELL: Shell SHEL.L raised its guidance slightly for its integrated gas production in the April-June quarter and ADNOC Distribution ADNOCDIST.AD, a subsidiary of Abu Dhabi's state oil giant, signed a definitive agreement to buy 100% of Shell's SHEL.L downstream business in South Africa.
* HSBC: HSBC HSBA.L is halting lending to riskier private credit clients, after high-profile bankruptcies cast doubt on underwriting standards in the sector and pushed banks to cut their exposure, the Financial Times reported.
* HOUSING: British house prices ticked higher in June, the first monthly increase since February, mortgage lender Lloyds said, though it cautioned the outlook remained clouded by economic uncertainty.
* OIL: Oil prices edged higher, though gains were capped as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects.
* GOLD: Gold prices eased, trading below a two-week high, with investors awaiting the U.S. Federal Reserve's June meeting minutes for insight into new Chair Kevin Warsh's monetary policy direction.
* METALS: Aluminium fell slightly as the market continued to gauge supply conditions and the wider macroeconomic outlook.
* 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 Anushka Chourasia in Bengaluru)