This morning in London: The FTSE 100 is currently up seven points at 6823.
FX and commodities: GBP/USD is down 32 pips at $1.6322, EUR/USD is down 22 pips at $1.3598 and USD/JPY is down one pip at ¥104.34. Brent crude is up 21 cents at $105.87 and gold is trading at $1240, down $2.
Stocks: William Hill posted a 6% increase in fourth-quarter revenue.
The day ahead: UK retail sales is due at 9.30am. Ben Broadbent of the MPC is due to make an announcement at 12.15pm.
In the US, building permits and housing starts are due out at 1.30pm. Industrial production is due out at 2.15pm, followed by University of Michigan consumer confidence at 2.55pm.
All figures correct at 8.30am. All times London time.