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UK Stocks-Factors to watch on Jan. 22

Published 22/01/2020, 06:36
© Reuters.  UK Stocks-Factors to watch on Jan. 22
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Jan 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 19

points higher at 7,630 on Wednesday, according to financial bookmakers.

* GLENCORE: FAR Ltd FAR.AX said it signed a binding agreement with

Glencore Plc GLEN.L to market the Australian company's share of crude oil from

its Sangomar Field in Senegal. * LLOYDS: Britain's Lloyds Banking Group LLOY.L plans to scale down its

foreign exchange business by the end of the year, stung by low profitability and

rising competition from its rivals, three sources familiar with the matter said.

* VODAFONE: Britain's Vodafone Group Plc VOD.L has left the entity that

manages the Facebook Inc FB.O led effort to launch Libra, a global digital

currency, Libra Association said on Tuesday. * GOLD: Gold prices slipped as the dollar firmed and investors played down

any immediate impact on the global economy from the outbreak of a new

coronavirus in China. * COPPER: London copper prices hovered around a two-week low after

inventories climbed by a third and the coronavirus outbreak spread further

across the world. * OIL: Oil prices eased, extending declines as the International Energy

Agency (IEA) forecast a market surplus in the first half, helping ease concerns

about disruptions that have slashed Libya's crude output. * London's FTSE 100 suffered its worst day in two weeks on Tuesday as the

spread of the coronavirus curbed risk appetite and oil prices fell sharply,

while jobs data eased some bets of an imminent interest rate cut by the Bank of

England. UK CORPORATE DIARY:

J D Wetherspoon JDW.L Q2 Trading Update

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Close Brothers CBRO.L Trading Update

WH Smith SMWH.L Christmas Trading Update

Energean ENOG.L Q1 Trading Update

Pets at Home PETSP.L Q3 Trading Update

Sage Group SGE.L Trading Update

Burberry BRBY.L Q3 Trading Update

TODAY'S UK PAPERS

> Financial Times PRESS/FT

> Other business headlines PRESS/GB

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