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UK Stocks-Factors to watch on Nov 20 -

16:54 IST

Britain’s FTSE 100. FTSE index is seen opening 14 points higher at 6,348 on Friday, according to financial bookmakers.

BREXIT: Chief Brexit negotiators suspended direct talks on Thursday after a member of the EU team tested positive for COVID-19, but officials continued working remotely to clinch an EU-UK trade deal that would come into force in just six weeks.

GOLD: Gold prices fell after U.S. Treasury Secretary Steven Mnuchin called for an end to some of the Federal Reserve’s pandemic lending, sparking uncertainty about stimulus programmes that have played a key role in reassuring financial markets.

OIL: U.S. oil prices slipped, dropping for a second day as concerns mounted about the hit to demand from the surge in COVID-19 infections forcing new lockdowns, but prices were supported by signs of movement on a stimulus deal in Washington


The pan-European Stoxx 50 climbed down by 0.87%  to 3,451.97. In the cash markets, the DAX futures Germany was trading 0.88% lower at 13,086.16, CAC 40 futures in France climbed down   0.67% to 5474.48, while the FTSE 100 futures in the U.K.declined by 0.80 % to 6334.35, at the time of writing.

FTSE 100

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