UK Stocks-Factors to watch on Aug. 16
Adds new items
Aug 16 (Reuters) -Britain's FTSE 100 .FTSE index is seen opening flat on Friday, with futures FFIc1 largely unchanged.
* INFANT FORMULA MARKET: Britain's antitrust regulator said it wouldnot launch an in-depth study into the supply of infant formula in the country at this stage.
* UK RETAIL SALES: British retail salesedged up in July, boosted in part by extra sales due to the men's Euros soccer championship, official figures showed, after an unusually cool and wet June and depressed spending and weighed on broader economic growth.
* ASTRAZENECA: The U.S. Food and Drug Administration approved AstraZeneca's AZN.L blockbuster cancer drug, Imfinzi, for the treatment of patients with a type of non-small cell lung cancer on Thursday.
* OIL: Oil prices were set for a second straight week ofgains despite edging lower on Friday, as recent U.S. economic data boosted optimism over demand in the world's top oil consumer.
* GOLD: Gold prices steadied and were headed for a weekly gain on optimism about a U.S. interest rate cut, while traders wait for Federal Reserve Chairman Jerome Powell's speech due next week for cues on the size of the cut.
* METALS: Copper prices were set for their first weekly gain in six, buoyed by mine supply worries and encouraging U.S. data that allayed fears of an imminent recession in the world's largest economy.
* 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
Reporting by Prerna Bedi and DhanushVignesh Babuin Bengaluru
Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
