May 31, 2019 / 5:44 AM / 4 months ago

UK Stocks-Factors to watch on May 31

    May 31 (Reuters) - Britain's FTSE 100 index is seen 26 points lower
at 7,192 on Friday, according to financial bookmakers. 
    * HSBC: HSBC is set to cut several hundred jobs in its investment
banking business by the end of the year, according to a source familiar with the
matter, as it seeks to improve returns.
    * GOLD: Gold prices rose on Friday, heading towards their first monthly gain
since January on increased safe-haven demand, after U.S. President Donald Trump
vowed to levy tariffs on all Mexican imports, ratcheting up concerns of a global
economic slowdown.
    * OIL: Oil prices fell on Friday and were on track for their biggest monthly
fall since November as trade conflicts spread and U.S. crude output returned to
record levels.
    * The UK blue chip index rose 0.5% on Thursday as the pound slipped on
concerns that outgoing Prime Minister Theresa May's successor might push for a
hard Brexit, helping more internationally focused stocks gain.
    * For more on the factors affecting European stocks, please click on:

 DCD Media PLC                        Full Year 2018 Earnings
 Charles Stanley Group PLC            Full Year 2019 Earnings
    > Financial Times                     
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 (Reporting by Tanishaa Nadkar in Bengaluru)
Nuestros Estándares:Los principios Thomson Reuters
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