UK Stocks-Factors to watch on Sept 3

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    Sept 3 (Reuters) - Britain's FTSE 100 index is seen opening 18
points higher at 5,959 on Thursday, according to financial bookmakers.

    * GSK/SANOFI: French drugmaker Sanofi and its British peer GSK
 have started a clinical trial for a protein-based COVID-19 vaccine
candidate, as pharmaceutical companies race to develop treatments against the
COVID-19 pandemic.
    * METALS: London copper prices rose as data from China showed a steady
economic recovery in the world's biggest copper consumer after the hit from the
COVID-19 pandemic.
    * GOLD: Gold recouped some of the previous session's hefty losses as the
dollar steadied, although gains were capped by an uptick in risk appetite on
recent better-than-expected economic data.
    * OIL: Oil prices edged up, but held near multi-week lows hit overnight
after U.S. data showed gasoline demand fell and recovery from the COVID-19
pandemic was lagging. 
    * The UK blue-chip index rose for the first time in four sessions on
Wednesday as a surge in house prices to record highs powered stocks of
homebuilders, with Barratt jumping to the top of the FTSE 100.
    * UK CORPORATE DIARY:       
 Gem Diamonds Ltd                     HY results
 Headlam Group Plc                    HY results
 EnQuest Plc                          HY results
    * For more on the factors affecting European stocks, please click on:
    > Financial Times                     
    > Other business headlines            

 (Reporting by Aakash Jagadeesh Babu in Bengaluru; editing by Uttaresh.V)
Our Standards:The Thomson Reuters Trust Principles.

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