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UK Stocks-Factors to watch on June 3

Published 03/06/2020, 06:08
Updated 03/06/2020, 06:12
© Reuters.

June 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen
opening higher on Wednesday, with futures FFIc1 up 1%.

* UK/EU: Britain wants binding commitments from the European
Union on financial market access to avoid the country's finance
industry suddenly being cut off from the bloc, a request
Brussels has rejected, EU officials and diplomats said.
* OFGEM: Britain's energy market regulator Ofgem set out on
Tuesday a scheme to make a total of 350 million pounds ($440
million) available to support energy suppliers that do not have
an investment grade credit rating. * GOLD: Gold traded steady after snapping a three-session
winning streak in the previous day, as a rally in equity markets
on hopes of more stimulus offset some support from a weaker
dollar. GOL/
* OIL: Oil rose, with Brent at $40 for the first time since
March, as optimism mounted that major producers will extend
production cuts and a recovery from the coronavirus pandemic
will spur fuel demand. O/R
* METALS: London copper prices fell from their highest in
2-1/2 months, as worries whether demand for the metal can be
sustained hit recent gains in prices. MET/L
* UK shares ended at near three-month highs on Tuesday amid
continued bets on government stimulus and easing lockdowns
helping a swifter economic recovery from the coronavirus crisis.
UK CORPORATE DIARY:
Chemring Group CHG.L Interim Results
Vertu Motors VTU.L FY results
SSP Group SSPG.L Interim results

* 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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