UK Stocks-Factors to watch on July 8

July 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futuresFFIc1 down 0.06%.

SIG: British building materials supplier SIG SHI.L on Tuesday named Pim Vervaat as its new chief executive officer, replacing Gavin Slark.

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 prices were little changed on Tuesday, caught between safe-haven demand following U.S. President Donald Trump's new tariff proposals for trading partners, including Japan and South Korea, and rising Treasury yields that capped any upside momentum.

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.

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