UK Stocks-Factors to watch on Dec 3

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on Dec 3
Credit: © Reuters.

Dec 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 6,449 on Thursday, according to financial bookmakers.

ASTRAZENECA: AstraZeneca Plc AZN.L will likely get results of its U.S. COVID-19 vaccine trial in late-January and could potentially file for an emergency authorization, the chief adviser for the U.S. government's Operation Warp Speed program said on Wednesday.

GOLD: Gold rose to an over one-week high as the dollar weakened on hopes of coronavirus vaccine roll-outs, while investors also weighed the possibility of more U.S. stimulus.

OIL: Oil prices fell as producers including Saudi Arabia and Russia locked horns over the need to extend record production cuts set in place in the first wave of the COVID-19 pandemic.

The UK blue-chip index .FTSE closed 1.2% higher on Wednesday as the sterling weakened on doubts of whether a trade deal could be reached by Britain and the European Union, while the UK's approval of a COVID-19 vaccine also supported sentiment.


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