UK Stocks-Factors to watch on April 6

By Reuters / April 07, 2018 / in.investing.com / Article Link

April 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 38 points lower at 7,161 on Friday, according to financial bookmakers.

* CONGO MINING: International mining companies have insisted that Democratic Republic of Congo amend portions of a new mining code to respect exemptions they were granted by its predecessor. COPPER: Copper rose 1.4 percent on Thursday as fading concerns over the prospect of a trade war between China and the United States sparked a bounce in cyclical assets, driving European stocks up more than 2 percent. OIL: Oil prices fell on Friday after U.S. President Donald Trump's threat of new tariffs on China reignited fears of a trade war between the world's two biggest economies. The UK blue chip index ended up 2.4 percent on Thursday, its biggest one-day gain since June 2016, as the threat of a trade war between the United States and China appeared to fade.

* For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets

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