👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

UK Stocks-Factors to watch on Aug. 27

Published 2020/08/27, 07:33
Updated 2020/08/27, 07:36
© Reuters.
UK100
-
HSBA
-
WPP
-
RR
-
HTG
-
HAYS
-
DPLM
-

Britain's FTSE 100 .FTSE index is seen opening 3 points higher at 6,048 on Thursday, according to financial bookmakers.

* HSBC: U.S. Secretary of State Mike Pompeo on Wednesday renewed criticism of British bank HSBC HSBA.L for its reported treatment of customers linked with the pro-democracy movement in Hong Kong, saying China was "bullying" the United Kingdom. CAR PRODUCTION: British car production rose sharply in July but is still well below last year's level after manufacturing almost completely stopped in April at the start of the coronavirus lockdown, industry figures showed on Thursday. JOBS: Britain's services firms haemorrhaged jobs in the three months to August, a survey showed in the latest sign of mounting unemployment as the government's coronavirus job protection scheme is wound down. NICKEL: Nickel prices hit their highest since November on Friday, fueled by solid demand from the stainless steel sector and concerns over supply from top producer Indonesia. MET/L

* GOLD: Gold prices fell on Thursday, following a sharp rise in the previous session, as investors squared positions ahead of a much-awaited speech from U.S. Federal Reserve Chairman Jerome Powell. GOL/

* OIL: Oil prices were in a holding pattern on Thursday as a massive storm in the Gulf of Mexico raced towards the heart of the U.S. oil industry, forcing oil rigs and refineries to shut, with little impact expected on supply as oil stockpiles remain high. O/R

* The UK blue-chip index .FTSE closed up just 0.1%, struggling to build on a strong start to the week as more signs of a sluggish economic rebound overshadowed optimism around COVID-19 vaccines and U.S.-China trade. .L

* UK CORPORATE DIARY:

Rolls-Royce Holdings PLC

RR.L

Half Year 2020 Earnings WPP PLC

WPP.L

Half Year 2020 Earnings Hays PLC

HAYS.L Full Year 2020 Earnings Diploma PLC

DPLM.L Q3 Trading Statement Hunting PLC

HTG.L

Half Year 2020 Earnings

* 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.