TSX runs higher on rate cut expectations
(Adds futures, news items)
Aug 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 16
points higher on Tuesday, according to financial bookmakers, with futures
FFIc1 up 0.5% ahead of cash market open.
* AVEVA: Technology company Aveva Group AVV.L said that it reached a deal
to buy OSIsoft, a privately held maker of industrial software used to manage
plants and factories, for an enterprise value of $5 billion. * ASTRAZENECA: AstraZeneca AZN.L said it started early stage trials for an
antibody-based treatment for the prevention and treatment of COVID-19, as the
British drugmaker also ploughs on with its vaccine candidate. * DFS FURNITURE: British sofa and upholstery retailer DFS Furniture Plc
DFSD.L said it had been performing significantly ahead of its initial
expectations over the last six weeks, with strong demand both online and in its
showrooms. * ARROW GLOBAL: European investor and asset manager Arrow Global ARWA.L
posted a loss for the first half of the year, as it booked a non-cash charge of
133.6 million pounds associated with revaluing its balance sheet against the
COVID-19-related uncertainty. * COPPER: Copper prices gained as news of U.S.-China trade talks boosted
sentiment and eased worries over worsening tensions between world's two biggest
economies. MET/L
* GOLD: Gold edged higher as the dollar dipped, with investors awaiting U.S.
Federal Reserve Chairman Jerome Powell's speech later this week, while a rally
in equity markets limited bullion's advance. GOL/
* OIL: Crude oil prices were mixed as traders weighed massive production
cuts in the U.S. Gulf Coast from Tropical Storms Marco and Laura against rising
coronavirus cases in Asia and Europe. O/R
* The UK blue-chip index .FTSE jumped on Monday after U.S. health
regulators authorised a COVID-19 treatment over the weekend, while AstraZeneca
boosted the index on a report the U.S. government was considering fast-tracking
its experimental vaccine. .L
* For more on the factors affecting European stocks, please click on:
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