Monday morning snapshot

A snapshot of the early morning's equity news and key market movements.

Friday's US close: The Dow Jones closed up 114 points at 14,909,  the NASDAQ finished one point ahead at 3403 and the S&P 500 ended six points lower at 1606.

This morning in London: The FTSE 100 is currently ten points higher points at 6126.

FX and commoditiesGBP/USD is up six pips at $1.5218; EUR/USD is up 15 pips at $1.3024 and USD/JPY is up 37 pips at Y99.49. Oil - Brent Crude is up 18 cents at $102.33 and gold is up $21.50 at $1244.

Stocks: None of the major equities are reporting today.

Latest news: Following a solid trading session in Asia, the FTSE has started the third quarter in the blue and the banking sector for once appears to be leading the way. This is also the first day in office for new Bank of England governor Mark Carney, but it is likely any honeymoon period will be short as the UK has rather been treading water waiting for him to start.

The EU will post unemployment figures which are likely to once again set a new high, and though expected will still make for disappointing reading. This morning Croatia becomes the 28th country to join the EU.

The day ahead: UK manufacturing PMI, M4 money supply and mortgage approvals are all out at 9.30am. At 10am the latest EU unemployment figures are being called to edge a touch up, creating another unwanted, all-time high. Over the course of the morning and afternoon there is a plethora of manufacturing PMI figures from Spain, Italy, the EU and the US. (All times are London time, figures as at 8.30am.)

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