UK Stocks-Factors to watch on March 4

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on March 4
Credit: © Reuters.

March 4 (Reuters) - Britain's FTSE 100 .FTSE is seen opening 29 points higher at 7,136 on Monday, according to financial bookmakers.

* Rolls-Royce: British engine maker Rolls-Royce Holdings Plc RR.L said on Sunday it had scaled back efforts to join a Turkish programme to build a new fighter jet with Turkey's Kale Group. Glencore: Glencore GLEN.L said trade barriers are its "foremost risk", but climate, political, legal and other potential dangers have become more pressing for the mining and trading group. GOLD: Gold edged up on Monday, after falling below the critical $1,300 level in the previous session, as the dollar dipped on the prospect of a trade deal between China and the United States. OIL: Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth. The UK blue chip index closed 0.45 percent up at 7106.73 on Friday as underlying sales that were better than feared helped the British blue-chip bourse snap a three-day losing streak, while the midcaps surged to a four-month high. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY: Restaurant Group Plc RTN.L

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