UK Stocks-Factors to watch on Aug. 18

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug. 18
Credit: © Reuters.

Aug 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 10 points lower at 6,118 on Tuesday, according to financial bookmakers.

* BHP: BHP Group BHP.AX , BHPB.L on Tuesday said it expected most major world economies except China to bear the brunt of a coronavirus-led downturn this year, reporting a 4% drop in annual profit that missed analysts' estimates. GOLD: Gold prices extended gains to inch closer to the $2,000 mark on Tuesday as the dollar weakened, with traders also focusing on minutes from the U.S. Federal Reserve's last policy meeting set to release this week. OIL: Oil prices slipped on Tuesday, though they mostly held onto overnight gains after OPEC+ said the producer grouping is almost fully complying with output cuts to support prices amid a drop in demand for fuels due to the coronavirus pandemic. METALS: Copper prices rose on Tuesday, as a weakening U.S. dollar made greenback-denominated metals more attractive to buyers using other currencies. The UK blue-chip index .FTSE was up 0.8% on Monday as more stimulus in China powered mining stocks, while investors eyed a slate of economic data due later in the week to gauge the pace of a post-pandemic rebound. UK CORPORATE DIARY:

Network International Holdings NETW.L Half Year 2020 Earnings Mears Group PLC

MERG.L Half Year 2020 Earnings Persimmon PLC

PSN.L

Half Year 2020 Earnings Capita PLC

CPI.L

Half Year 2020 Earnings Kaz Minerals PLC

KAZ.L

Half Year 2020 Earnings TBC Bank Group PLC

TBCG.L Half Year 2020 Earnings John Wood Group PLC

WG.L

Half Year 2020 Earnings

* For more on the factors affecting European stocks, please click on: LIVE/

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