UK Stocks-Factors to watch on Aug. 25

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Aug. 25
Credit: © Reuters.

Britain's FTSE 100 .FTSE index is seen opening 16 points higher on Tuesday, according to financial bookmakers.

* Copper prices gained on Tuesday as news of U.S.-China trade talks boosted sentiment and eased worries over worsening tensions between world's two biggest economies. MET/L

* GOLD: Gold edged higher as the dollar dipped, with investors awaiting U.S. Federal Reserve Chairman Jerome Powell's speech later this week, while a rally in equity markets limited bullion's advance. GOL/

* OIL: Crude oil prices were mixed as traders weighed massive production cuts in the U.S. Gulf Coast from Tropical Storms Marco and Laura against rising coronavirus cases in Asia and Europe. O/R

* The UK blue-chip index .FTSE jumped on Monday after U.S. health regulators authorised a COVID-19 treatment over the weekend, while AstraZeneca boosted the index on a report the U.S. government was considering fast-tracking its experimental vaccine. .L


James Fisher and Sons PLC


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