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UK Stocks-Factors to watch on July 8

ReutersJul 8, 2025 5:05 AM

- Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futuresFFIc1 down 0.36%.

BP: BP BP.L on Monday appointed Simon Henry, the former finance chief of Shell SHEL.L, to its board as a non-executive director effective September 1.

SHEIN IPO: China-founded fast-fashion retailer Shein has filed for an IPO in Hong Kong to accelerate the listing process and pressure Britain's regulators to approve its planned London debut, the Financial Times reported on Tuesday.

OIL: Oil prices retreated on Tuesday after rising almost 2% in the previous session as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.

GOLD: Gold held steady on Tuesday after U.S. President Donald Trump unveiled higher tariffs on imports from Japan, South Korea and other nations, while a firm dollar and higher Treasury yields limited potential gains.

COPPER: Copper prices eased on the London Metal Exchange and Shanghai Futures Exchange on Tuesday, as uncertainty over U.S. trade tariffs and the potential for increased copper supply from Chile, the world's largest producer, weighed on the market.

FTSE: The UK blue-chip index .FTSE dipped 0.2% on Monday as investors parsed through a bunch of corporate updates and focussed on developments around U.S. tariff policy.

UK CORPORATE DIARY:

SIG Plc

SHI.L

Q2 trading update

Unite Group

UTG.L

H1 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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