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UK Stocks-Factors to watch on Jan. 10
Published at 10/01/2025 at 05:25

Jan 10 (Reuters) - Britain's FTSE 100 index is seen opening lower on Friday, with futures down 0.06%.

* UK TICKETS: Britain said it wanted to clamp down on resellers who profit by snapping up tickets for big events and selling them on at huge mark-ups to desperate fans, announcing proposals to cap resale prices and hold reselling websites more accountable.

* UK INFLATION: British households' expectations for inflation rose in December, according to a survey published on Thursday that may add to concerns among investors about the slow pace of future interest rate cuts by the Bank of England.

* OIL: Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.

* GOLD: Gold prices hovered near a four-week high, poised for their best week since mid-November, as investors awaited U.S. jobs data to gauge how aggressively the Federal Reserve might cut interest rates this year.

* METALS: Most base metal prices edged up, although uncertainties about U.S. President-elect Donald Trump's tariff plans and a strong U.S. dollar kept a lid on gains.

* UK STOCKS: The UK's midcap stocks ended higher on Thursday, rebounding from a more-than-eight-month low touched earlier in the session, as a selloff in bond markets kept investors on edge, while retail stocks were hammered by disappointing Christmas trading updates.

* UK CORPORATE DIARY:

Sainsbury's Q3 Trading update

* For more on the factors affecting European stocks, please click on:

TODAY'S UK PAPERS

> Financial Times

> Other business headlines

(Reporting by Aby Jose Koilparambil in Bengaluru)

((abyjose.koilparambil@thomsonreuters.com))