January 27, 2020 / 6:07 AM / 22 days ago

UK Stocks-Factors to watch on Jan. 27

    Jan 27 - Britain's FTSE 100 index is seen opening down 75 points at
7,585 on Monday, according to financial bookmakers.
    * BREXIT: Britain will set out more details about its objectives for a free
trade deal with the European Union next month after the country leaves the bloc
on Jan. 31, Brexit Secretary Stephen Barclay said.
    * OIL:  Crude prices fell more than 2% to multi-month lows on Monday as the
rising number of cases of the new coronavirus in China and city lockdowns there
deepened concerns over oil demand, even as Saudi Arabia's energy minister sought
to calm the market.
    * GOLD: Gold prices rose to their highest in more than two weeks on Monday
as equities slipped on growing concerns that a China virus outbreak could impact
that nation's economy, prompting investors to dump riskier assets and look for
safe havens.
    * The UK blue-chip index ended a four-day losing streak to rise 1% 
on Friday as nerves eased after the World Health Organisation issued a measured
assessment of the new coronavirus in China.
    
    * UK CORPORATE DIARY:   
 Aberforth Smaller Companies                 Full Year 2019 Earnings Release
 Trust PLC                                   
 ITM Power PLC                               Half Year 2020 Earnings Release
 Studio Retail Group PLC                     Trading Statement Release
 SThree PLC                                  Full Year 2019 Earnings Call
    
    * For more on the factors affecting European stocks, please click on:
    
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            

 (Reporting by Aniruddha Ghosh in Bengaluru)
  
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