UK Stocks-Factors to watch on Jan. 22

Britain's FTSE 100 index is seen opening 19 points higher at 7,630 on Wednesday, according to financial bookmakers. * GLENCORE: FAR Ltd said it signed a binding agreement with Glencore Plc to market the Australian company's share of crude oil from its Sangomar Field in Senegal. * LLOYDS: Britain's Lloyds Banking Group plans to scale down its foreign exchange business by the end of the year, stung by low profitability and rising competition from its rivals, thr