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UK Stocks-Factors to watch on June 2

Published 02/06/2020, 06:29
Updated 02/06/2020, 06:30

June 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening higher on Tuesday, with futures FFIc1 up 0.4%.

* STIMULUS PACKAGE: British Finance Minister Rishi Sunak is
considering national insurance holidays for companies as part of
a coronavirus stimulus package that will be announced in July,
The Daily Telegraph newspaper reported late on Monday.
* GOLD: Gold prices held on to last session's more than
one-week high on concerns around U.S.-China relations and as
rising violent protests in the United States stoked fears of a
resurgence in virus cases, while optimism on reopening of
economies checked their rise. * METALS: Shanghai copper prices rose to their highest in
nearly three months, as a solid recovery in China demand and the
reopening of economies from a coronavirus-induced lockdown lent
support. * OIL: Oil prices rose, with traders waiting to see whether
major producers agree to extend their huge output cuts to shore
up prices at a virtual meeting expected later this week.
* London-listed shares ended higher on Monday as markets
took heart from a scaling back of coronavirus restrictions, with
consumer stocks among the best performers. UK CORPORATE DIARY:
Card Factory CARD.L FY Results
Electrocomponents ECM.L FY Results
Mediclinic International MDCM.L FY Results
Vianet Group VNET.L FY Results
MHP SE MHPCq.L Q1 Results

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

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