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UK Stocks-Factors to watch on July 10
Published at 10/07/2020 at 06:30

Britain's FTSE 100 index is seen opening 13 points higher at 6,063 on Friday, according to financial bookmakers.

* FOOD: British Prime Minister Boris Johnson is expected to take his first steps to tackle obesity in Britain with a ban this month on supermarket promotions of unhealthy food.

* RETAIL: Britain's retail industry urged UK and European negotiators to reach a post-Brexit trade deal, warning that without tariff-free trade, consumers face higher prices from next year.

* SHOPPERS: British shoppers returned to the high street in June as the coronavirus lockdown eased, but overall numbers were much lower than normal.

* VACCINE SCHEME: The British government has decided not to join a European Union coronavirus vaccine scheme because of concerns there could be costly delays in securing the vaccines.

* WATER REGULATOR: Britain's water regulator on Thursday proposed tightening of measures it had put in place to support retailers during the virus-led shutdown.

* LSE: The London Stock Exchange and other derivatives clearing houses in Britain will be granted temporary access to the European Union from January 2021.

* LOCKDOWN: Theatres in England will be able to hold outdoor performances from this weekend and beauticians can reopen next week.

* OIL: Oil prices fell, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns would suppress fuel demand.

* GOLD: Gold was set for a fifth straight weekly gain as worries over a spike in U.S. coronavirus cases kept the safe-haven metal near the technical $1,800-per-ounce threshold.

* The UK blue-chip index closed 1.7% lower on Thursday, as oil prices weakened and a rise in coronavirus cases in major global economies dented broader sentiment.


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


> Financial Times

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(Reporting by Tapanjana Rudra; Editing by Shailesh Kuber)