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UK Stocks-Factors to watch on July 8

Published 07/08/2019, 01:26 PM
Updated 07/08/2019, 01:30 PM
UK Stocks-Factors to watch on July 8
UK100
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TKM8
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July 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 7 points
lower at 7,546 on Monday, according to financial bookmakers.
* BREXIT: British companies are more worried about Brexit than at any time
since the 2016 referendum decision to leave the European Union and they plan to
reduce investment and hiring, a survey of chief financial officers showed on
Monday. * OIL: Crude prices were little changed on Monday as traders weighed
geopolitical risks against the impact of the Sino-U.S. trade war on the global
economy, although last week's better-than-expected U.S. jobs data offered some
support. * GOLD: Gold prices inched lower on Monday following a steep fall in the
previous session, as robust U.S. jobs report dashed hopes of an aggressive
interest rate cut by the Federal Reserve later this month. * The UK blue chip index closed 0.7% lower on Friday, as
stronger-than-expected U.S. employment data tempered hopes of an aggressive
interest rate cut by the Federal Reserve and as heavyweight miners fell due to
weakness in China's iron ore futures. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY:
Trakm8 Holdings Plc TKM8.L FY Earnings release
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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