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UK Stocks-Factors to watch on Sept. 14

Published 09/14/2020, 01:18 PM
Updated 09/14/2020, 01:20 PM
© Reuters.
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Sept 14 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 18
points higher at 6,050 on Monday, according to financial bookmakers.
* BP: Fossil fuel consumption is set to shrink for the first time in modern
history as climate policies boost renewable energy while the coronavirus
epidemic leaves a lasting effect on global energy demand, BP BP.L said in a
forecast. * ASTRAZENECA: AstraZeneca AZN.L has resumed British clinical trials of
its COVID-19 vaccine, one of the most advanced in development, after getting the
green light from safety watchdogs, the company said on Saturday. * BT/DIXONS CARPHONE: Britain's BT BT.L said on Friday its mobile network
EE would not renew its contract with retailer Dixons Carphone DC.L , and would
instead focus on its own online and retail channels. * OIL: Oil prices were mixed on Monday with U.S. crude rising as a tropical
storm in the Gulf of Mexico forced rigs to shut down, but the gains were kept in
check by wider concerns about excess supply and falling demand for fuels.
* GOLD: Gold prices rose, supported by a weaker dollar and expectations that
the U.S. Federal Reserve will adopt a dovish stance at its two-day monetary
policy meeting later this week. * The UK blue-chip index .FTSE closed 0.5% higher on Friday, on gains in
mining heavyweight Rio Tinto, and marked its best week in more than three months
as a weaker pound benefited the exporter-heavy index. * For more on the factors affecting European stocks, please click on:
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