March 13, 2018 / 5:15 AM / a year ago

UK Stocks-Factors to watch on March 13

    March 13 (Reuters) - Britain's FTSE 100 index is seen opening 13
points lower at 7,202 on Tuesday, according to financial bookmakers. 
    * ANGLO AMERICAN: Global diversified mining company Anglo American Plc
 halted iron ore production at its mine in Brazil's Minas Gerais state
after a mineral duct used to transport the product to an export terminal broke
down, the company said in a statement on Monday.
    * BRITAIN BUDGET: Britain's finance minister is expected to announce on
Tuesday a modest improvement in the country's slow economic growth outlook in
the run-up to Brexit, raising the prospect that he might relax his grip on
public spending later this year.
    * GOLD: Gold prices crept lower on Tuesday on a firmer dollar as investors
waited for U.S. consumer price data due later in the day to gauge the outlook
for inflation and the Federal Reserve's rate hike stance.
    * OIL: Oil prices fell on Tuesday, extending losses from the previous
session, as the inexorable rise in U.S. crude output weighed on
    * The UK blue chip FTSE 100 index closed 0.1 percent lower at
7,214.76 points on Monday, due to weak energy stocks and dollar earners, with
GKN also falling after it rejected a final offer from Melrose
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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 (Reporting by Siju Varghese)
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