July 20, 2020 / 5:27 AM / 16 days ago

UK Stocks-Factors to watch on July 20

Britain's FTSE 100 index is seen opening 5 points lower at 6,286 on
Monday, according to financial bookmakers.
    * RIGHTMOVE: British property website Rightmove said a mini housing market
boom was gathering pace after a tax cut by finance minister Rishi Sunak.

    * MARKS AND SPENCER: British retailer Marks and Spencer Group Plc
plans to announce hundreds of job cuts in the coming week, Sky News reported on
Sunday, citing sources.
    * EUROPEAN UNION: European Union is negotiating advance purchase deals of
potential COVID-19 vaccines with drugmakers Moderna, Sanofi
and Johnson & Johnson as well as biotech firms BioNtech and
CureVac, two EU sources told Reuters.
    * OIL: Oil prices fell on Monday, unnerved by the prospect that a recovery
in fuel demand could be derailed by a rise in the pace of coronavirus infections
around the world.
    * GOLD: Gold prices edged lower on Monday due to a stronger U.S. dollar, but
worries over surging coronavirus cases and its impact on the global economy kept
the safe-haven metal above the psychological level of $1,800 per ounce.

    * The UK blue-chip index ended up 0.6% on Friday, bolstered chiefly
by AstraZeneca amid anticipation of a deal with Russia to manufacture a
COVID-19 vaccine being developed by the drugmaker and Oxford University.

    
    * UK CORPORATE DIARY:       
    
 SThree Plc                HY Earnings Release
 
    * For more on the factors affecting European stocks, please click on:
    
    TODAY'S UK PAPERS
    > Financial Times                     
    > Other business headlines            

 (Reporting by Samantha Machado in Bengaluru; Editing by Krishna Chandra Eluri)
  
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