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UK Stocks-Factors to watch on July 1

ReutersJul 1, 2025 5:04 AM

- Britain's FTSE 100 .FTSE index is seen opening higher on Tuesday, with futuresFFIc1 up 0.01%.

SHELL: Canada's first-ever LNG export cargo has been shipped from the country's Pacific Coast en route to Asia, a spokesperson for the Shell-led LNG Canada said on Monday.

OIL: Oil prices edged down, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs.

GOLD: Gold prices rose, supported by a weaker dollar and heightened uncertainty over U.S. President Donald Trump's tariff policies ahead of the July 9 deadline, driving investors toward safe-haven assets.

METALS: Coppers prices on the London Metal Exchange and the Shanghai Futures Exchange inched up on the back of a weaker U.S. dollar, while uncertainty persisted on U.S. trade with major partners.

The UK blue-chip index .FTSE ended lower on Monday and lost 0.4% as a relief rally, driven by easing geopolitical tensions and U.S. tariff concerns, fizzled out, while UK's midcap index logged its largest quarterly gain in nearly five years.

UK CORPORATE DIARY:

Sainsbury

SBRY.L

Q1 Trading statement

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

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