Tuesday morning snapshot

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

Last night in the US: The Dow Jones closed up 129 points at 15,884, the NASDAQ finished up 28 points at 4029 and the S&P 500 ended the day up 11 points at 1786.

This morning in London: The FTSE 100 is currently down 34 points at 6488.

FX and commodities: GBP/USD is up 20 pips at $1.6318, EUR/USD is down 13 pips at $1.3775 and USD/JPY is down five pips at ¥102.97. Brent crude is down 37 cents at $109.09 and gold is trading at $1241.

Stocks: Costain Group won a £60 million contract with Network Rail.

The day ahead: UK CPI, RPI and HPI are due at 9.30am, followed by eurozone CPI and ZEW and German ZEW.  UK industrial order expectations are due out 11am.

In the US, CPI is due out at 1.30pm, followed by housing market index at 3pm. 

All figures correct at 8.30am. All times 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.