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UK Stocks-Factors to watch on Aug 10

Published 10/08/2020, 06:19
Updated 10/08/2020, 06:24
© Reuters.
UK100
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BARC
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BP
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AZN
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GLO
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Aug 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 29
points higher at 6,061 on Monday, according to financial bookmakers.

* BP: BP BP.L will need to invest tens of billions of dollars over the
next decade and may have to accept lower returns than it can get from oil if it
is to meet its target of becoming one of the world's largest renewable power
generators. * BARCLAYS: Barclays Plc BARC.L is being probed by the UK's privacy
watchdog, the Information Commissioner's Office (ICO), over allegations that the
British bank spied on its staff, the agency said on Sunday. * VACCINE: Brazilian billionaire Jorge Lemann's foundation and other
business interests will fund the building of factory to produce the COVID-19
vaccine being developed by Oxford University and pharmaceutical company
AstraZeneca AZN.L . * OIL: Oil prices climbed, supported by Saudi optimism on Asian demand and
an Iraqi pledge to deepen supply cuts. * GOLD: Gold prices fell as the dollar held onto gains made after
better-than-expected U.S. payrolls data, while investors kept a close eye on
Sino-U.S. relations ahead of scheduled trade talks. * The UK blue-chip index .FTSE closed flat on Friday as a commodity-linked
slump offset gains spurred by some upbeat earnings and AstraZeneca, while an
index of more domestically-focused stocks rose as hopes grew of a trade deal
with the European Union. UK CORPORATE DIARY:
ContourGlobal PLC GLO.L HY Results

* For more on the factors affecting European stocks, please click on:
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB

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