UK Stocks-Factors to watch on October 15

Reuters
Oct 15
UK Stocks-Factors to watch on October 15

Oct 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.44%.

* SHELL: Brunei LNG is conducting scheduled maintenance at its liquefied natural gas facility for a week, but production will not be impacted, a source said on Wednesday. Brunei LNG is 50% owned by the government of Brunei, while the rest is split equally between Japan's Mitsubishi 8058.T and Shell SHEL.L.

* OIL: Oil prices fell on Wednesday, extending losses from the previous session, as investors weighed the International Energy Agency's warning of a supply surplus in 2026 and U.S.-China trade tensions that could curtail demand.

* GOLD: Gold rose to a fresh high just shy of the $4,200-per-ounce level on Wednesday, buoyed by rising expectations of further U.S. rate cuts, while renewed U.S.-China trade worries also boosted safe-haven demand.

* METALS: Shanghai copper declined on Tuesday as trade tensions between the world’s top two economies, the United States and China, escalated, risking demand growth for the metal.

* FTSE: The UK blue-chip index .FTSE closed modestly higher on Tuesday, and edged up 0.1% recovering earlier losses, as mounting U.S.-China trade tensions kept investors on edge, while losses in industrial metal miners were offset by gains in consumer staples.

* UK CORPORATE DIARY:

Jupiter Fund

JUP.L

Q3 trading update

Entain

ENT.L

Q3 trading update

Rank Group

RNK.L

Q1 trading update

Rathbones

RAT.L

Q3 results

PageGroup

PAGE.L

Q3 trading update

* 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

(Compiled by Ankita Bora in Bengaluru)

((Ankita.Bora@thomsonreuters.com))

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