July 16, 2020 / 5:35 AM / 23 days ago

UK Stocks-Factors to watch on July 16

    July 16 (Reuters) - Britain's FTSE 100 index is seen opening 20
points lower at 6,273 on Thursday, according to financial bookmakers.

    * OIL COMPANIES: A group of the world's top oil companies including Saudi
Aramco, China's CNPC and Exxon Mobil have for the first time set targets
to cut their combined greenhouse gas emission.
    * CAR INSURANCE: The cost of a comprehensive motor insurance policy in
Britain fell 5% in the second quarter.
    * BREXIT TRADE: Britain publishes plans to keep trade flowing freely between
its constituent nations when regulatory powers are reclaimed from the European
    * CARNIVAL: Carnival Corp is planning to raise about $1.26
billion in a bond offering, the beleaguered cruise operator said on Wednesday.

    * FISCAL POLICY: Britain may need to run tighter fiscal policy than it has
in the past during good economic times due to an apparent increase in the
frequency of 'once in a generation' economic shocks, finance minister Rishi
Sunak said.
    * OIL: Oil prices slid after OPEC and allies such as Russia agreed to ease
record supply curbs from August.
    * GOLD: Gold prices held steady near a nine-year peak, as concerns over
rising coronavirus cases and simmering U.S.-China tensions offset some silver
linings from Chinese economic data.
    * The UK blue-chip index ended up 1.8% on Wednesday, as signs of
progress in developing a COVID-19 vaccine bolstered hopes of a swift
post-pandemic economic rebound.
    * UK CORPORATE DIARY:       
 Anglo American               Q2 production report
 Mirada PLC                   FY Earnings Releases
 Hays PLC                     Q4 Trading statement
 Experian                     Q1 update
 GVC                          Trading update
 SSE                          Q1 trading statement
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                     
    > Other business headlines            

 (Reporting by Tapanjana Rudra)
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