UK Stocks-Factors to watch on May 9
May 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.30%.
IAG: The United States said on Thursday Britain would purchase $10 billion of Boeing jets and industry sources mentioned that British Airways owner IAG ICAG.L would also buy some 30 jets from Europe's Airbus in a fleet expansion split between transatlantic rivals.
ASTRAZENECA: A federal appeals court on Thursday shut down AstraZeneca's AZN.L challenge to the U.S. government's programme that gives the Medicare health insurance plan the power to negotiate lower drug prices.
AUTOS: British car manufacturers will pay a 25% tariff on their autos after they meet their 100,000-per-year vehicle quota at the reciprocal rate of 10% under the deal outlined on Thursday, the U.S. Commerce Department said in a statement.
COMMODITIES: Gold fell after U.S. President Donald Trump announced a trade deal with the UK, metal prices in London traded in a tight range and oil prices were up slightly, after rising about 3% in the previous session.
British blue-chips closed lower on Thursday, while midcaps clocked gains as investors weighed up a trade deal between the United States and Britain, the latest in a saga of global trade developments.
UK CORPORATE DIARY:
IAG | ICAG.L | Q1 trading statement |
Rightmove | RMV.L | AGM trading statement |
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TODAY'S UK PAPERS
> Financial Times PRESS/FT
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