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UK Stocks-Factors to watch on May 1

Published 01/05/2019, 03:12 pm
Updated 01/05/2019, 03:20 pm
© Reuters.  UK Stocks-Factors to watch on May 1
UK100
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BP
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May 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 35 points higher at 7,454 on Wednesday, according to financial bookmakers.

* RIO TINTO: Copper miner Rio Tinto Ltd RIO.AX , RIO.L "firmly believes" that the United States and China will ink a trade deal, Chief Executive Jean-Sebastien Jacques told the CNBC television network on Tuesday. BP: Gambia's government said on Tuesday it had signed a contract with BP BP.L to explore oil and gas off its coast. OIL: Oil prices fell on Wednesday after a report showed a rise in U.S. crude inventories, but global markets remained tense amid an intensifying political crisis in Venezuela, tightening U.S. sanctions on Iran, and ongoing OPEC supply cuts. GOLD: Gold prices eased on Wednesday on overnight gains in U.S. equities, while a May Day lull gripped most of Asian markets ahead of a closely monitored Federal Reserve decision on the future trajectory of interest rates. The UK blue-chip index closed down 0.3 percent as an unexpected slowdown in China's April factory activity coupled with a firmer pound weighed on the FTSE 100 as miners and exporters weakened, even as Standard Chartered (LON:STAN) surged on buyback plans. For more on the factors affecting European stocks, please click on: LIVE/

* UK CORPORATE DIARY:

RPS Group PLC

RPS.L

Q1 2019 Trading Statement Connect Group PLC

CNCTC.L Half Year 2019 Earnings Endeavour Mining Corp

EDV.TO Q1 2019 Earnings Rank Group PLC

RNK.L

Trading Statement J Sainsbury (OTC:JSAIY) PLC

SBRY.L Full Year 2019 Earnings Next PLC

NXT.L

Q1 2019 Trading Statement London Stock Exchange Group (LON:LSE) PLC LSE.L

Q1 2019 Trading Statement Inmarsat PLC

ISA.L

Q1 2019 Earnings Persimmon (LON:PSN) PLC

PSN.L

Trading Statement GlaxoSmithKline PLC

GSK.L

Q1 2019 Earnings

TODAY'S UK PAPERS

> Financial Times

PRESS/FT

> Other business headlines

PRESS/GB

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