UK Stocks-Factors to watch on May 6

  • Reuters
  • Stock Market News
UK Stocks-Factors to watch on May 6
Credit: © Reuters.

Date xxxx (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points lower on Wednesday, according to financial bookmakers.

* TRADE TALKS: The United States and Britain launched formal negotiations on a free trade agreement on Tuesday, vowing to work quickly to seal a deal that could counter the massive drag of the coronavirus pandemic on trade flows and the two allies' economies. HSBC: HSBC Holdings HSBA.L has filed an application to the Singapore High Court to place Zenrock Commodities Trading Pte Ltd under judicial management, three people familiar with the matter said. OIL: Oil prices fell, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude inventories rose more than expected amid a slump in demand caused by restrictions to halt the coronavirus spread. O/R

* GOLD: Gold prices slipped as the gradual easing of some coronavirus-led restrictions by several nations raised prospects of more global economic activity, denting demand for the safe-haven metal. GOL/

* METALS: London copper prices rose to their highest in nearly a week on Wednesday, amid hopes of better demand as countries start to ease coronavirus-induced restrictions. MET/L

* A surge in big oil companies boosted Britain's FTSE 100 on Tuesday, with investors counting on a revival in economic activity as several countries emerged from coronavirus lockdowns. UK CORPORATE DIARY: Virgin Money (LON: VM ) UK

VMUK.L

Half Year Earnings Release

Onesavings Bank

OSBO.L

Q1 Trading Update Smith & Nephew

SN.L

Q1 2020 Trading Statement Direct Line

DLGD.L

Q1 2020 Trading Update Metro bank

MTRO.L

Q1 Results Imperial Brands

IMB.L

Half Year Earnings Release

ITV

ITV.L

Trading Statement Ocado

OCDO.L

Trading Statement

* For more on the factors affecting European stocks, please click on: LIVE/

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