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This morning in London: The FTSE 100 is currently down 54 points at 6641.
FX and commodities: GBP/USD is down four pips at $1.6570, EUR/USD is up three pips at $1.3705 and USD/JPY is down 20 pips at ¥103.09. Brent crude is down 81 cents at $105.86 and gold is trading at $1301, down $2.45.
Stocks: Barclays asset stripping continues with the sale of its UAE operations to Abu Dhabi Islamic Bank. BG Group has moved its headquarters out of the UK and into Singapore, allowing it to be closer to its expanding Asian clients. GlaxoSmithKline has had further investigations carried out on its practices in Iraq, following the news that China was looking into its sales tactics. Following its acquisition by Vodafone, Spanish phone retailer Ono is looking at restructuring its debt.
The day ahead: Quieter Asian sentiment as China is off for the day. Pre-market, we have already seen slightly better-than-expected German industrial production figures. At 9.30am we will have Sentix investor confidence, and in the evening we will see the latest US monthly consumer credit figures.
All figures correct at 8.20am. All times London time.