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UPDATE 1-UK Stocks-Factors to watch on Aug. 16

Published 16/08/2019, 07:55
© Reuters.  UPDATE 1-UK Stocks-Factors to watch on Aug. 16
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(Adds company news item, futures)

Aug 16 (Reuters) - Britain's FTSE 100 futures FFIc1 were up 0.71% ahead of

the cash market open on Friday.

* TED BAKER: Fashion retailer Ted Baker Plc TED.L said on Friday it had

entered a new product license agreement with Next Plc NXT.L , replacing

Debenhams next year, to expand its collection of childrenswear. * BURFORD: Burford Capital BURF.L , the litigation funder embroiled in a

stand-off with short-seller Muddy Waters, on Thursday confirmed plans for a dual

U.S. listing as it replaced its finance chief over investor concerns about her

marriage to the CEO. * RYANAIR: Ryanair RYA.I expects minimal cancellations with affected

passengers flying out at different times if pilots in Britain and Ireland go

ahead with a two-day strike next week, the airline's chief people officer said

on Thursday. * OIL: Crude oil prices rose on Friday following two days of declines, as

data showing an increase in retail sales in the U.S. helped dampen concerns

about a recession in the world's biggest economy. * GOLD: Gold prices edged lower on Friday, but were headed for a third

consecutive weekly gain, as fears over slowing global economic growth and a lack

of clarity on the U.S.-China trade war boosted the metal's safe-haven appeal.

* London's FTSE 100 tumbled to a six-month low as China's warning to counter

the latest U.S. tariffs fanned trade tensions, while the more domestically

focused midcap index fared better in comparison, amid investor hopes of averting

a no-deal Brexit.

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

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TODAY'S UK PAPERS

> Financial Times PRESS/FT

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