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UK Stocks-Factors to watch on May 10

Published 10/05/2021, 06:50
Updated 10/05/2021, 06:54
© Reuters

May 10 (Reuters) - Futures for Britain's FTSE 100 index FFIc1 were up 0.4%
at 7,129.5 on Monday.

* ASTRAZENECA: AstraZeneca (NASDAQ:AZN) Plc AZN.L may skip asking the U.S. Food and
Drug Administration for emergency-use authorization for its COVID-19 vaccine and
instead pursue the more time-intensive application for a full-fledged license to
sell the shot, the Wall Street Journal reported on Friday. * TRADE: Companies in freeports in Britain will not get to enjoy the full
benefits of the new tax-efficient zones if they are exporting to certain
countries including Canada, Norway, Switzerland and Singapore, the Financial
Times reported on Sunday. * COVID-19: The new coronavirus will no longer be circulating in Britain by
August, the government's departing vaccine taskforce chief Clive Dix told the
Daily Telegraph on Friday. * GOLD: Gold prices inched higher after weaker-than-expected U.S. jobs data
supported hopes that interest rates will remain low for some time, bolstering
the metal's appeal. * OIL: Crude prices climbed more than 1% after a major cyber attack that
forced the shutdown of critical fuel supply pipelines in the United States,
highlighting the fragility of oil infrastructure. * The UK blue-chip index .FTSE closed 0.7% higher on Friday as hopes of a
stronger economic recovery lifted industrial and consumer discretionary stocks,
while Meggitt MGGT.L shares soared on a takeover report. UK CORPORATE DIARY:

PFG.L Provident Financial FY results
DTY.L Dignity Trading update
CNA.L Centrica Trading update

* 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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