UK Stocks-Factors to watch on Feb 6

Kitco Media
By Reuters
Published:
Updated:
Reuters
Britain's FTSE 100 index is seen opening lower with futures down 0.30% on Monday
* STRIKE: Britain faces its largest ever strike by health workers on Monday as tens of thousands of nurses and ambulance workers walk out in an escalating pay dispute which the health minister said would place further strain on the National Health Service (NHS).
* GOLD: Gold prices regained some ground on Monday but a firmer dollar and concerns that the U.S. Federal Reserve might keep hiking interest rates kept bullion below the key $1,900-an-ounce level.
* OIL: Oil prices inched up in early trade on Monday after falling around 8% last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the world's top oil importer.
* METALS: Copper prices declined on Monday as a firm dollar made greenback-priced metals more expensive to holders of other currencies. FTSE 100 briefly hit record high levels on Friday, boosted by gains in energy stocks as well as strength in the dollar after data showed stronger-than-expected U.S. job additions. UK CORPORATE DIARY:



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* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines (Reporting by Sruthi Narasimha Chari in Bengaluru)

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