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This morning in London: The FTSE 100 is currently down 34 points at 6570.
FX and commodities: GBP/USD is down 19 pips at $1.5329, EUR/USD is down seven pips at $1.3298 and USD/JPY is is down 80 pips at Y96.92. Brent Crude is up five cents at $105.38 and gold is trading at $1281, down $2.
Stocks: TUI Travel announced a 5% rise in third-quarter revenue. Randgold Resources reported a 33% drop in quarterly profit. Old Mutual revealed a 10% increase in first-half profit.
The day ahead: In Europe, the Bank of England inflation report is out at 10.30am. German industrial production follows at 11am. In the US, mortgage approvals are released at 12pm. (All times are London time.)