UK Stocks-Factors to watch on December 17
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UK stocks are expected to open flat on December 17. Key updates include BAE Systems reducing its stake in Air Astana, GSK receiving FDA approval for an asthma treatment, Airtel Africa partnering with SpaceX, and British employers planning 3% pay settlements next year. Oil prices rose due to U.S. sanctions on Venezuela, while gold and copper prices increased amid U.S. job market data. The FTSE 100 closed lower, influenced by energy and defense stock losses and expectations of a Bank of England interest rate cut.
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