This morning in London: The FTSE 100 is currently down two points at 6820.
FX and commodities: GBP/USD is up 30 pips at $1.6896, EUR/USD is up eight pips at $1.3883 and USD/JPY is down ten pips at ¥102.05. Brent crude is down two cents at $107.67 and gold is trading at $1311, up $1.50.
Stocks: Following a long bank holiday weekend, Aberdeen Asset Management posted its half-year figures and its pretax profits dropped by 3%. Barclays has seen its first-quarter figures fall, with profits down 5% year-on-year. The first quarter for Glencore Xstrata has proven to be fruitful, with copper production up by 24% as developments in both African and Australian production have borne fruit.
The day ahead: The EU purchasing managers index figures are out for Spain and Italy in early trading, along with the services PMI for the UK. Later in the morning we will also see the latest monthly retail sales figures for the eurozone. The US trade balance figures will be released this afternoon, and tonight Federal Open Market Committee speaker Jeremy Stein will be talking.
All figures correct at 8.15am. All times London time.