UK Stocks-Factors to watch on Jan 17 Jan 17 (Reuters) – Britain’s FTSE 100 index is seen opening 13points higher at 7,623 on Thursday, according to financial bookmakers.* RIO: Rio Tinto posted a 3% drop in iron ore shipments in2019 as the Anglo-Australian miner’s operations faced disruptions due to cycloneand a fire at a port facility.* IAG: IAG’s British Airways flights can pump out more carbonemissions per passenger than rival airlines on certain routes, according to theconsumer group “Which?” * GOLD: Gold edged lower, on track to post its worst week in two months, aspositive U.S.economic data and optimism over an interim U.S.-China trade dealboosted appetite for riskier assets and dented some of bullion’s allure.* OIL: Oil prices were steady as reports of sluggish economic growth inChina, the world’s biggest crude importer, raised concerns about future fueldemand and countered optimism from the signing of the Sino-U.S.trade dealearlier in the week.
* METAL: London copper traded little changed after falling in the previoustwo sessions ahead of the release of data from China that is expected to showthat growth in the world’s second-biggest economy slowed in 2019.* Underwhelming trading updates from Pearson Plc and Whitbread Plc broke a three-day winning run for London’s main index on Thursday, whileinvestors exercised caution amid a lack of clarity on some elements of theU.S.-China trade deal.Experian EXPN.L Q3 Trading Update Premier Foods PFG.L Q3 Trading Update Workspace WKP.L Q3 Interim Management Statement TODAY’S UK PAPERS (Reporting by Rishika Chatterjee in Bengaluru) 2020-01-17 07:34:57
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