UK Stocks-Factors to watch on July 21
EWU•UK stocks seen lower as futures slip
July 21 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.6%.
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DIAGEO: Diageo's DGE.L chair John Manzoni is planning a shake-up of its board and is searching for new board directors with commercial experience in the drinks or drinks distribution sectors, the Financial Times reported.
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LSEG: The London Stock Exchange LSEG.L has unveiled plans to launch a night-time trading venue in the first half of 2027, the Financial Times reported.
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IP GROUP: IP Group's IPO.L board of directors unanimously rejected a sweetened 71.3 pence-per-share takeover proposal from Railpen, citing significant undervaluation of the company and its prospects.
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BT GROUP: A £167 million stake in Britain's BT Group BT.L was offered for sale via an accelerated bookbuild, a bookrunner said.
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OIL: Oil prices softened, with markets weighing reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between the two.
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GOLD: Gold prices rose as investors weighed diplomatic efforts to ease the U.S.-Iran conflict, which could temper oil-driven inflation risks and influence the U.S. Federal Reserve's interest rate path.
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METALS: Copper ticked up, supported by fears of supply-side tightness and strong Chinese buying, despite macroeconomic demand worries from the escalation in the U.S.-Iran war.
