🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

UPDATE 1-UK Stocks-Factors to watch on Sept. 7

Published 09/07/2020, 02:51 PM
Updated 09/07/2020, 03:00 PM
© Reuters.
UK100
-
HOCM
-
UK100
-

(Adds futures, news items)
Sept 7 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 49
points higher at 5,849 on Monday, according to financial bookmakers, with
futures FFIc1 seen up 0.9% ahead of cash market open.

* HOCHSCHILD: Precious metals miner Hochschild Mining HOCM.L cut its
full-year production outlook on Monday, as its operations were impacted by
ongoing COVID-19 related restrictions in Peru and Argentina. * METALS: Copper prices advanced on Monday as solid export data from top
consumer China signalled a faster and more balanced economic recovery in the
world's second-biggest economy, though gains were capped by lower-than-expected
imports. MET/L
* BREXIT: Britain has set a deadline of Oct. 15 to strike a free-trade deal
with the European Union, and if none is agreed both sides should "accept that
and move on," UK Prime Minister Boris Johnson will say on Monday. * GOLD: Gold edged higher on Monday after weak U.S. data raised concerns
over a quick economic rebound from the coronavirus-led slump and cemented hopes
that lower interest rates would last longer. * OIL: Oil prices dropped more than 1% on Monday after earlier hitting their
lowest since July as Saudi Arabia made the deepest monthly price cuts for supply
to Asia in five months while optimism about demand recovery cooled amid the
coronavirus pandemic. * The UK blue-chip index .FTSE fell 0.9% on Friday as the chance of
Britain leaving the European Union without a trade deal rose sharply, while
housebuilders tumbled amid scrutiny from the UK's competition regulator.
* 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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.