UK Stocks-Factors to watch on April 12

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 12 (Reuters) - Britain's FTSE 100 index is seen opening lower on Wednesday with futures down 0.1%.


* HOUSE SALES: British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.
* GOLD: Gold prices gained as investors keenly await key U.S. inflation data for signs of how close interest rates are to peaking.
* METALS: Copper prices climbed with support from a weaker U.S. dollar ahead of key inflation data, while further gains were capped by a rising supply.
* London's FTSE 100 ended Tuesday's session higher as miners and oil stocks boosted the commodity-heavy bourse, while shares of Cineworld hit an all time low as the world's second-largest cinema chain operator filed for bankruptcy protection.

* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Muhammed Husain in Bengaluru)

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