Thursday morning snapshot

A snapshot of the early morning’s equity news and key markets movements.

Last night’s US close: The Dow Jones closed down 48 points at 15,470, the NASDAQ finished down 11 points at 3654 and the S&P 500 ended the day down six points at 1690.

FX and commodities updateGBP/USD is up 22 pips at $1.5509, EUR/USD is up six pips at $1.3341 and USD/JPY is down 15 pips at ¥96.18. Oil - Brent Crude is up seven cents at $107.51, while gold is up $5.20 at $1291.

This morning in London: The FTSE 100 is up 15 at 6525.

Latest news: Despite an extensive list of companies reporting today, traders and investors will once again be digesting yesterday’s comments from Bank of England governor Mark Carney. The implications to interest rates, borrowing and spending are still being fully absorbed. 

Stocks: Aviva’s first-half profit increased 5%, while Standard Life reported a 6% increase in six-month numbers. Bookmaker Ladbrokes have seen a collapse in high-street betting after unveiling a 20% fall in half-year figures.

The day ahead: Germany’s trade balance, released before the market open, was slightly better-than-expected. Overnight, China posted a much lower number than estimated, catching many in the Asian markets by surprise.

At 9am the ECB monthly bulletin is released, followed at 1.30pm by US unemployment claims. All figures as at 8am (London time).

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.