UK Stocks-Factors to watch on May 13

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UK Stocks-Factors to watch on May 13 May 13 (Reuters) – Britain’s FTSE 100 index is seenopening 64 points lower on Wednesday, according to financialbookmakers.* RETAIL: British retail spending plunged by nearly a fifthin April as the government’s coronavirus lockdown hammered thesector, and a broader measure of consumer spending tumbled bymore than a third, surveys…

UK Stocks-Factors to watch on May 13 May 13 (Reuters) – Britain’s FTSE 100 index is seenopening 64 points lower on Wednesday, according to financialbookmakers.* RETAIL: British retail spending plunged by nearly a fifthin April as the government’s coronavirus lockdown hammered thesector, and a broader measure of consumer spending tumbled bymore than a third, surveys showed.* HOUSING MARKET: Buyers and renters in England will be ableto move house again from Wednesday under plans set out by thegovernment to re-start a housing market all but frozen byrestrictions put in place to slow the spread of COVID-19.* BHP/RIO: BHP Group, will stick with itscapital allocation framework despite the impact of thecoronavirus pandemic while Rio Tinto is eyeing M&A, the chiefexecutives of the miners said on Tuesday.* GOLD: Gold gained as concerns that a second wave ofcoronavirus infections may be emerging in many countries weighedon riskier assets.* OIL: Oil prices fell on worries about a possible secondwave of coronavirus cases in countries starting to easelockdowns, while industry data showed a rise in U.S.crudeinventories.* London’s FTSE 100 closed higher for the fifth straightsession on Tuesday after strong earnings from Vodafone andMorrisons helped outweigh fears of a potential flare-up ofCOVID-19 cases as countries slowly reopen parts of theireconomies.

Sage Group HY 2020 Earnings Release British Land Company FY 2020 Earnings Release Spirax-Sarco Trading Statement * For more on the factors affecting European stocks, pleaseclick on: (Reporting by Shanima A in Bengaluru) 2020-05-13 07:16:44
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