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UPDATE 1-UK Stocks-Factors to watch on Sept 1

Published 01/09/2020, 07:46
Updated 01/09/2020, 07:48
© Reuters.
UK100
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AZN
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OXB
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(Adds futures, news items)
Sept 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 15
points lower at 5,949 on Tuesday, according to financial bookmakers, with
futures FFIc1 seen down 0.2% ahead of cash market open.

* DUNELM: Dunelm British home furnishing retailer Dunelm DNLM.L said sales
have been strong in the last two months and the performance this year has been
ahead of its initial expectations. * ASTRAZENECA: AstraZeneca Plc's AZN.L Imfinzi has been approved in the
European Union to treat an aggressive form of lung cancer in previously
untreated adult patients, the drugmaker said. * ASTRAZENECA: AstraZeneca has expanded its agreement with Oxford Biomedica
OXB.L to make and supply the drugmaker's COVID-19 vaccine candidate, in a deal
that will pay the gene and cell therapy firm $15 million upfront and an
additional $35 million plus other costs by the end of 2021. * COPPER: London copper prices hit their highest in more than two years
after data showed top consumer China saw a strong expansion in manufacturing
activity in August. MET/L
* GOLD: Gold prices rose to their highest level in nearly two weeks, as the
dollar slipped to multi-year lows on bets that U.S. interest rates would stay
lower for a longer period after the Federal Reserve's new policy framework.
GOL/
* OIL: Oil prices recovered, erasing overnight losses, as investors moved
into risk assets and away from the safe-haven U.S. dollar which tumbled to
multi-year lows. O/R
* The UK blue-chip index .FTSE closed its second week lower on Friday as
traders headed into the long weekend worried about a choppy post-pandemic
economic rebound, while Greggs slipped on a report a COVID-19 outbreak had
forced it to close its depot in Leeds. .L

* 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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