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UK Stocks-Factors to watch on July 7

Published 07/07/2020, 01:26 PM
Updated 07/07/2020, 01:30 PM
© Reuters.
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July 7 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening a point
lower at 6,285 on Tuesday, according to financial bookmakers.

* RECKITT BENCKISER: UK-based Reckitt Benckiser Group Plc RB.L said that
the U.S. Environmental Protection Agency (EPA) has approved use of its Lysol
Disinfectant Spray against COVID-19. * GREEN JOBS: British finance minister Rishi Sunak will earmark 3 billion
pounds to create green jobs and improve the energy efficiency of public
buildings. * GOVERNMENT INVESTMENT: Britain will invest nearly $2 billion in the arts
and hopes to allow outdoor and socially distanced performances at cultural
venues. * OIL: Oil prices fell, erasing earlier gains, on concerns that the surge in
coronavirus cases in the United States, the world's biggest oil user, will limit
a recovery in fuel demand. * GOLD: Gold prices held steady near an eight-year high as investors weighed
a spike in COVID-19 cases around the world. * METAL: Copper prices rose as a rebound in U.S. services industry activity
reinforced hopes of a swift global economic recovery. * The UK blue-chip index .FTSE closed 2.1% higher on Monday, on hopes of
more stimulus to kickstart a battered global economy, while homebuilders jumped
on a report of stamp duty cuts. UK CORPORATE DIARY:
JD Sports Fashion JD.L HY Earnings Releases
Halfords Group HFD.L FY Earnings Releases
Electrocomponents ECM.L Sales/Trading Statement
Photo-Me International PHTM.L Earnings Releases
Micro Focus International MCRO.L HY Earnings Releases
Whitbread WTB.L Q1 Sales/Trading Statement

* For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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