December 5, 2017 / 6:22 AM / in a year

UK Stocks-Factors to watch on Dec 5

    Dec 5 (Reuters) - Britain's FTSE 100 index is seen opening 4 points
lower at 7,334.4 on Tuesday, according to financial bookmakers. 
    * ROYAL BANK OF SCOTLAND: Scottish lawmakers will debate a motion calling
for Royal Bank of Scotland to halt planned cuts to its branch network,
which opponents say will damage the remote communities they are meant to
    * GOLD: Gold prices held within a tight range in Asian trade on Tuesday,
supported by a slightly weaker dollar as investors awaited the next steps over
U.S. tax reform legislation for clues.
    * OIL: Oil markets rose in early Asian trade on Tuesday, buoyed by
expectations of a drop in U.S. crude stockpiles and after last week's deal
between OPEC and other crude producers to extend output curbs.
    * BRITAIN-EU: Time to reach an agreement between the European Union and
Britain on divorce terms is getting very short, but a deal that would unblock
talks on a future trade agreement is still possible by next week, the chairman
of EU leaders said.
    * BRITAIN ECONOMY: British shoppers snapped up Black Friday bargains last
month but an increasing share of their budgets was taken up by the rising cost
of food, retailers said on Tuesday.
    * BRITAIN-AUTOS: New car registrations in Britain fell by around 11 percent
in November, the eighth consecutive month that sales have declined, according to
preliminary numbers from an industry body.
    * The UK blue chip index closed up 0.55 percent at 7,340.91 points on
Monday, but lagged behind European peers in a broader rally sparked by progress
in U.S. tax reforms, as Britain and the EU failed to strike a deal on an initial
Brexit divorce package.
    * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets
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 (Reporting by Harish Bhaskar)
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