UK Stocks-Factors to watch on Nov 19
Nov 19 (Reuters) - Britain's FTSE 100 index is seen opening higher on Tuesday, with futures up 0.54%. * THAMES WATER: Britain's Thames Water said on Monday that creditors of its Class A debt approved a proposal to let it use about 400 million pounds ($505.9million) of cash from its reserve accounts, providing a cash runway to February 2025. * BRITISH AIRWAYS: British Airways flights were suffering delays due to a technical issue affecting some of the airline's systems on Monday, which local media said had impacted thousands of passengers at London's Heathrow Airport. * INFLATION: Britain's biggest retailers have written to finance minister Rachel Reeves to warn her that last month's budget will make both higher prices and job losses a certainty and dent investment. * OIL: Oil prices retreated on Tuesday after the previous day's rally, driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war. * GOLD: Gold prices climbed to a one-week high on Tuesday, buoyed by a softer U.S. dollar, while the market awaited comments from Federal Reserve officials for cues on the U.S. interest rate outlook. METALS: Copper prices drifted higher on Tuesday as the dollar rally took a breather, although concerns over China demand and potential U.S. tariffs continued to weigh on the market. * UK's FTSE 100 closed higher on Monday, with conglomerate Melrose topping the index following an upbeat trading update, while domestically-focussed midcaps closed lower as caution prevailed ahead of an inflation report due later in the week. * UK CORPORATE DIARY: Imperial Brands FY results Informa 10-month trading update Mulberry Group HY results * For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Yamini Kalia in Bengaluru)
