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UK Stocks-Factors to watch on July 16

Published 07/16/2019, 01:23 PM
Updated 07/16/2019, 01:30 PM
UK Stocks-Factors to watch on July 16

July 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 1 point
higher at 7,533
on Tuesday, according to financial bookmakers.
* PEARSON: Pearson PSON.L , the world's biggest education company, will
release all its titles for the United States college market in digital form
first, in a break from the traditional and more expensive textbook publishing
model. * RIO TINTO: Rio Tinto RIO.AX on Tuesday flagged a cost blowout of up to
$1.9 billion and a delay of up to 30 months at its Oyu Tolgoi underground copper
mine in Mongolia, the miner's key growth project. * GOLD: Gold prices held steady on Tuesday as investors awaited U.S. retail
sales data that could serve as an indicator of the strength of the world's
largest economy amid lingering concerns over global economic slowdown.
* OIL: Oil prices sank about 1% on Monday on signs that the impact of a
tropical storm on U.S. Gulf Coast production and refining would be short-lived,
while Chinese economic data dimmed the crude demand outlook. * The UK blue chip index closed 0.3% higher on Monday, ending its longest
losing streak in three-and-a-half years as Chinese data eased investor concerns
over a global growth slowdown. * For more on the factors affecting European stocks, please click on:
LIVE/

* UK CORPORATE DIARY
Gateley Holdings Plc GTLY.L FY Earnings statement
Hays Plc HAYS.L Q4 Trading statement
Burberry Group Plc BRBY.L Q1 Trading statement
BHP Group Plc BHPB.L Q4 Operational review

TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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