UK Stocks-Factors to watch on May 24
24/05/2021 06:07
May 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 20
points higher at 7,039 on Monday, according to financial bookmakers.
* ASTRAZENECA: AstraZeneca's AZN.L COVID-19 vaccine was only slightly less
effective against the variant first found in India than the strain identified in
Kent, the company's Chief Executive Officer Pascal Soriot said in an interview
with Financial Times on Friday. urn:newsml:reuters.com:*:nFWN2N816O
* WEJO: Wejo is in talks to go public through a reverse merger with
blank-check company Virtuoso Acquisition Corp VOSO.O in a deal that would
value the British connected car data start-up at more than $1 billion, two
people familiar with the matter said. urn:newsml:reuters.com:*:nL2N2N825Q
* GOLD: Gold prices climbed to hover near a 4-1/2-month high, supported by a
weaker U.S. dollar and growing inflationary pressure, while a slide in
cryptocurrencies further lifted the safe-haven metal's appeal. urn:newsml:reuters.com:*:nL2N2NB025
* OIL: Oil prices rose as a storm formed in the Gulf of Mexico and Iran said
a three-month nuclear monitoring deal had expired, raising doubts about the
future of indirect talks that could end U.S. sanctions on Iranian crude
exports. urn:newsml:reuters.com:*:nL2N2NB01G
* The UK blue-chip index .FTSE was flat on Friday, posting a weekly loss,
as weakness in mining stocks countered a bigger-than-expected jump in retail
sales and business activity. urn:newsml:reuters.com:*:nL3N2N81XE
* For more on the factors affecting European stocks, please click on:
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(Reporting by Priyanshi Mandhan in Bengaluru)
((Priyanshi.Mandhan@thomsonreuters.com; +91 9650985606;))