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UK Stocks-Factors to watch on Aug. 18

Published 18/08/2020, 06:32
© Reuters.

Aug 18 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening open 10
points lower at 6,118 on Tuesday, according to financial bookmakers.

* BHP: BHP Group BHP.AX , BHPB.L on Tuesday said it expected most major
world economies except China to bear the brunt of a coronavirus-led downturn
this year, reporting a 4% drop in annual profit that missed analysts' estimates.
* GOLD: Gold prices extended gains to inch closer to the $2,000 mark on
Tuesday as the dollar weakened, with traders also focusing on minutes from the
U.S. Federal Reserve's last policy meeting set to release this week.
* OIL: Oil prices slipped on Tuesday, though they mostly held onto overnight
gains after OPEC+ said the producer grouping is almost fully complying with
output cuts to support prices amid a drop in demand for fuels due to the
coronavirus pandemic. * METALS: Copper prices rose on Tuesday, as a weakening U.S. dollar made
greenback-denominated metals more attractive to buyers using other currencies.
* The UK blue-chip index .FTSE was up 0.8% on Monday as more stimulus in
China powered mining stocks, while investors eyed a slate of economic data due
later in the week to gauge the pace of a post-pandemic rebound. UK CORPORATE DIARY:
Network International Holdings NETW.L Half Year 2020 Earnings
Mears Group PLC MERG.L Half Year 2020 Earnings
Persimmon PLC PSN.L Half Year 2020 Earnings
Capita PLC CPI.L Half Year 2020 Earnings
Kaz Minerals PLC KAZ.L Half Year 2020 Earnings
TBC Bank Group PLC TBCG.L Half Year 2020 Earnings
John Wood Group PLC WG.L Half Year 2020 Earnings
* 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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