UK Stocks-Factors to watch on Aug 26

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug 26
Credit: © Reuters.

Aug 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 10 points higher at 6,047 on Wednesday, according to financial bookmakers.

* Copper prices rose on optimism over progress in U.S.-China trade talks and signs that researchers might be closer to a treatment for the coronavirus. MET/L

* GOLD: Gold was little changed, as worries over global economic outlook offset pressure from signs of progress in U.S.-China trade negotiations, while investors await a speech from U.S. Federal Reserve Chairman Jerome Powell. GOL/

* OIL: Brent crude oil prices rose, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks. O/R

* The UK blue-chip index .FTSE closed lower on Tuesday, weighed down by miners and a stronger pound, while an unexpected drop in retail sales kept risk sentiment at bay. .L


Provident Financial PFG.L

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


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