July 27, 2020 / 6:58 AM / 16 days ago

UPDATE 1-UK Stocks-Factors to watch on July 27

(Adds futures, news items)

July 27 (Reuters) - Britain’s FTSE 100 index is seen opening 15 points higher at 6,139 on Monday, according to financial bookmakers, with futures up 0.1% ahead of cash markets open.

* RYANAIR: Ryanair is not planning to reduce capacity flying to Spain after the British government’s “regrettable” decision to advise against all non-essential travel to the country’s mainland due to COVID-19.

* ASTRAZENECA: AstraZeneca could pay up to $6 billion to Japan’s Daiichi Sankyo to develop and market a type of targeted cancer treatment in the second multi-billion dollar cancer drug collaboration between the two companies.

* CITY PUB: City Pub Group said it traded profitably in its first three weeks after opening, but revenues were just 63% of the equivalent period last year.

* GOLD: Gold prices jumped to record highs on Monday as an intensifying U.S.-China row hammered the dollar and cemented expectations that central banks would continue pumping out stimulus to ease the economic pain from a worsening coronavirus pandemic.

* OIL: Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors toward safe-haven assets.

* The UK blue-chip index ended down 1.4% on Friday, as souring U.S.-China relations weighed and marked weekly losses as concerns over the coronavirus and uncertainty over a vaccine spurred a selling-out of equities.

* For more on the factors affecting European stocks, please click on:


> Financial Times

> Other business headlines (Reporting by Samantha Machado and Tapanjana Rudra in Bengaluru; Editing by Vinay Dwivedi)

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