UK Stocks-Factors to watch on April 19

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 19 (Reuters) - Britain's FTSE 100 index is seen opening flat on Wednesday with futures down 0.01%.
* UNILEVER: Unilever's "I Can't Believe It's Not Butter!" spray is governed by different U.S. Food and Drug Administration regulations than butter and similar products, U.S. appeals court ruled Tuesday, defeating a long-running false advertising class action.
* BHP: BHP and Antofagasta Minerals called on Tuesday for greater government dialogue to prevent controversial copper mining royalty project from affecting competitiveness.
* OIL: Oil drifted lower as market weighed potential interest rate hikes from Federal Reserve that could slow growth and dampen oil consumption, offsetting falling U.S. inventories and strong Chinese economic data.
* METAL: Copper prices dipped in Asian trading as traders assessed prospects of further interest rate hikes by U.S. Federal Reserve, while tin retreated after rally that had been boosted by concerns over supply from Myanmar.
* GOLD: Gold prices edged lower as U.S. dollar regained some ground, while traders assessed chances of U.S. Federal Reserve raising interest rates just once more in May before pausing.
* FTSE: Britain's commodity-heavy index rose on Tuesday, boosted by surge in miners after upbeat China data.


* UK CORPORATE DIARY:
Network Q1 2023 Trading Statement International
Rio Tinto Q1 Operations Review 2023 Hunting Plc Trading Statement Liontrust FY Trading Statement
Asset
Management
Antofagasta Q1 2023 Production Report


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

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