UK stocks seen opening higher; property, oil, gold, copper in focus
Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.4%. British property sellers have increased the prices they want for their homes for the first time since May, real estate website Rightmove said. Oil prices slid to a week-low on hopes diplomacy in the Iran war will get a chance this week at a UN meet and as investors eyed a partial recovery in Saudi shipments despite Houthi attacks. Gold prices slipped as market participants assessed developments in the Middle East and their implications for inflation and interest rates. Copper prices edged up after last week's U.S.
4%. PROPERTY: British property sellers have increased the prices they want for their homes for the first time since May, real estate website Rightmove said. OIL: Oil prices slid to a week-low on hopes diplomacy in the Iran war will get a chance this week at a UN meet and as investors eyed a partial recovery in Saudi shipments despite Houthi attacks. GOLD: Gold prices slipped as market participants assessed developments in the Middle East and their implications for inflation and interest rates.
METALS: Copper prices edged up after last week's US Federal Reserve rate hike dispelled months-long uncertainty over rates, while optimism persisted over strong China demand. com)