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UK Stocks-Factors to watch on Aug. 12

    Aug 12 (Reuters) - Britain's FTSE 100 index is seen opening seven
points lower at 6,148 on Wednesday, according to financial bookmakers.

    * BRITISH AIRWAYS: British Airways has agreed to a deal with trade
unions representing parts of its workforce in Heathrow over planned job cuts,
with the airline's chief executive saying significant progress had been made in
a message to staff on Tuesday.
    * BUDGET: Rishi Sunak is weighing options to shelve his autumn budget if
Britain is hit by a big second wave of the coronavirus, the Financial Times
reported on Tuesday.
    * OIL: Oil prices moved higher after an industry report showed that U.S.
inventories of crude fell more than analysts had expected, bolstering hopes that
fuel demand in the world's biggest economy can weather the coronavirus pandemic.

    * GOLD: Gold fell below the $1,900 per ounce level as a resurgent dollar
prompted investors to reassess their positions after a record-breaking price
rally.
    * METAL: Copper prices fell as traders turned anxious over mounting
uncertainty about additional U.S. fiscal stimulus to help boost a
pandemic-ravaged economy.
    * The UK blue-chip index added 1.6% on Tuesday, tracking gains in
Asia and on Wall Street on relief that a U.S.-China spat appeared not to have
spilled over into trade.
    
    * UK CORPORATE DIARY:       
 Spirax-Sarco Engineering                   HY Results
 Capital & Counties Properties              HY Results
 CLS Holdings                               HY Results
 Balfour Beatty                             HY Results
 Admiral Group                              HY Results
 Empresaria Group                           HY Results
 Avast                                      HY Results
 Impact Healthcare REIT                     HY Results
    
    * For more on the factors affecting European stocks, please click on:
    
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            

 (Reporting by Tapanjana Rudra)
  
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