UK Stocks-Factors to watch on Date January 16
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On January 16, the FTSE 100 index is expected to open lower, with futures down 0.08%. HSBC is reviewing its insurance business in Singapore, while Rio Tinto will supply copper to Amazon for AI data centers. Oil prices fell due to easing supply concerns, and copper prices dropped amid demand worries in China. Gold prices continued to decline as strong U.S. economic data reduced rate cut expectations. The FTSE closed at a record high on January 15, supported by positive economic data and strong earnings in the financial sector.
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