This morning in London: The FTSE 100 is currently up 33 points at 6696.
FX and commodities: GBP/USD is up 24 pips at $1.6771, EUR/USD is up 11 pips at $1.3704 and USD/JPY is down four pips at ¥101.75. Brent crude is down 6 cents at $109.05 and gold is trading at $1323, down $4.90.
Stocks: Hammerson has posted solid full-year figures enabling it to increase its annual dividend by 8%. The insurance group RSA is looking to asset-strip with the sale of its Canadian exposure, as it looks to raise £200 million. In an effort to reduce the chances of any further strike action, the Royal Mail and the unions have started negotiations over a company charter.
The day ahead: The latest EU Eurogroup meeting kicks off this morning, and with the US celebrating Presidents’ Day the economic calendar is looking very thin.
All figures correct at 8.15am. All times London time.