UK Stocks-Factors to watch on November 21
Nov 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening down on Friday, with futures FFIc1 down 1%.
BP: BP.L said its Olympic Pipeline remained shut on Thursday following a leak earlier this month near Everett, Washington.
CONSUMER CONFIDENCE: British consumer confidence edged down in November but remained in its narrow range of the past six months, a survey showed on Friday, in contrast to other data that has shown more weakness ahead of finance minister Rachel Reeves' budget next week.
OIL: Oil prices fell 1.5% on Friday, extending declines for a third straight session as the United States pushed for a Russia-Ukraine peace.
GOLD: Gold slipped on Friday and was heading for a weekly fall, as a stronger-than-expected U.S. jobs report reinforced expectations that the Federal Reserve would refrain from cutting interest rates at its December meeting.
COPPER: Copper slipped on Friday and was set for a weekly loss, as a firm U.S. dollar and mixed September jobs data kept investors cautious ahead of the Federal Reserve's December interest rate decision, with China's subdued demand adding further pressure.
FTSE: London's FTSE 100 snapped a five-day losing streak on Thursday, as defence and energy shares led a recovery amid a global rally sparked by AI bellwether Nvidia's upbeat forecast.
UK CORPORATE DIARY:
Babcock | BAB.L | HY results |
ASOS | ASOS.L | FY results |
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
Related Articles
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital ba
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.
Bitcoin Stocks 2025 Collective Plunge, Still Worth Investing in Future?
Bitcoin stocks involved in trading operations outperformed mining stocks and DAT-category stocks, thus warranting greater priority attention. If Bitcoin's future price trend indeed aligns with Grayscale's projection, Bitcoin stock prices are also expected to rebound and even reach new highs.
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?
