This morning in London: The FTSE 100 is currently down three points at 6645.
FX and commodities: GBP/USD is up 33 pips at $1.6322, EUR/USD is up 10 pips at $1.3593 and USD/JPY is up seven pips at ¥102.22. Brent crude is up five cents at $111.32 and gold is trading at $1240, up $2.50.
Stocks: Wolseley has outlined how they see markets remaining tough in the foreseeable future especially on mainland Europe. Kingfisher has stated that Q3 figures will come in at the lower end of the range. Rio Tinto hope to cut costs on global production by $3 billion over the next four years.
The day ahead: Governor of the Bank of England Mark Carney will be speaking today at 10:30am, talking about the country’s financial stability. We will also see the EU’s M3 money supply figures. The US has a bank holiday celebrating Thanksgiving.
All figures correct at 8.20am. All times London time.