Britain’s FTSE 100 .FTSE index is seen opening 32 points higher at 6,366 on Monday, according to financial bookmakers.
COVID-19: Britain’s finance minister, Rishi Sunak, said there would be no return to austerity in a spending plan he will announce on Wednesday.
GOLD: Gold edged higher as a softer dollar and hopes of further U.S. monetary stimulus offset optimism over the quick rollout of a COVID-19 vaccine and bolstered the precious metal’s appeal.
OIL: Oil prices extended gains as traders eyed a recovery in crude demand thanks to successful coronavirus vaccine trials, although prices were contained by renewed lockdowns in several countries.
The UK blue-chip index .FTSE closed 0.3% higher on Friday, logging its third straight week of gains, on the prospect of easing coronavirus restrictions, optimism around a vaccine and hopes of a Brexit trade deal with the European Union.