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This morning in London: The FTSE 100 is currently up 32 points at 6760.
FX and commodities: GBP/USD is up five points at $1.7079, EUR/USD is up one point at $1.3522 and USD/JPY is up 14 points at ¥101.54. Brent crude is up 14 cents at $108.25 and gold is trading at $1307, down $5.50.
Stocks: Barclays continues to have issues as trading volumes from its US business struggle. Royal Mail has seen good letter volumes but disappointing parcel delivery performance. ARM Holdings, the chipmaker of choice for almost all smartphones, has seen US revenues up by 17%, but when converted to pounds it is up only 9%. The stronger UK economy has seen Eurotunnel benefit, with profits up 6% and driven higher by greater passenger volumes.
The day ahead: European ministers are meeting in Brussels today to discuss possible sanctions against Russia. UK public sector net borrowing will be released early today followed by CBI industrial order expectations. This afternoon will see the monthly US consumer price index figures released, followed by house price index data and latterly US existing home sales.
All figures correct at 8.15am. All times London time.