UK Stocks-UK Factors to watch on June 17

Reuters
06-17
UK Stocks-UK Factors to watch on June 17

June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.5%.

* TRADE DEAL: U.S. President Donald Trump signed an agreement on Monday formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal.

* WIZZ AIR: Wizz Air WIZZ.L is edging towards a deal with RTX RTX.N-owned Pratt & Whitney to purchase engines for 177 of its Airbus AIR.PA jets already on order, according to two industry sources.

* RAILWAY: The British government is set to finalise a 500-million-pound ($679 million) rail steel deal between Network Rail and British Steel, aiming to protect thousands of jobs at a steelmaking plant in Eastern England that was brought under state control earlier this year.

* FORESIGHT: Private equity firm KKR KKR.N said on Tuesday it had agreed to acquire Australian power producer Zenith Energy from a consortium comprising Australia-based Pacific Equity Partners, Canada's OPSEU Pension Trust and London-listed Foresight Group FSGF.L.

* COMMODITIES: Oil prices climbed over 2%, gold prices fell and prices of metals in London dropped on Tuesday.

* London's benchmark FTSE 100 .FTSE rose on Monday.

* UK CORPORATE DIARY:

Ashtead

AHT.L

Q4 results

Capita

CPI.L

HY 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

(Reporting by Nithyashree R B in Bengaluru)

((NithyashreeRB@thomsonreuters.com;))

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