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.

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