UK Stocks-Factors to watch on May 27

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 27
Credit: © Reuters.

May 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 29 points higher at 6,096 on Wednesday, according to financial bookmakers.

* LOCKDOWN: British health minister Matt Hancock said he would talk to colleagues about fines imposed on families for breaking lockdown rules, after a top government adviser received widespread public condemnation for his lockdown travel. NUCLEAR PLANT: French utility EDF EDF.PA has submitted an application to Britain's regulators to build the 17-18 billion pound Sizewell C nuclear plant in the east of England, it said. RYANAIR: Low-cost carrier Ryanair RYA.I challenged Germany's 9 billion euro rescue package for Lufthansa LHAG.DE on Tuesday, saying it distorted competition, while the German carrier moves towards finalising the deal next month. METALS: Copper prices climbed as optimism about developing coronavirus vaccines fuelled hopes of a quick rebound in the global economy, though gains were capped amid simmering tensions between the United States and top metals consumer China. GOLD: Gold was trading near a two-week low as optimism around several economies re-opening dulled the metal's safe-haven appeal, although increasing Sino-U.S. frictions over Beijing's proposed security law for Hong Kong tempered losses. OIL: Oil prices fell on revived concerns over how quickly fuel demand will recover even as coronavirus lockdowns begin to ease in many countries, while U.S.-China tensions added to negative sentiment. British Prime Minister Boris Johnson's plans to lift the coronavirus lockdown from more retailers drove a 1.2% rise in the blue-chip FTSE 100 .FTSE on Tuesday, while an easing of curbs on tourism helped travel stocks. UK CORPORATE DIARY:

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