Tuesday morning snapshot

A snapshot of the early morning's equity news and key market movements.

Last night in the US: The Dow Jones closed down 128 points at 15,129, the NASDAQ finished down ten points at 3771 and the S&P 500 ended the day down ten points at 1681.

This morning in London: The FTSE 100 is currently down 15 points at 6447.

FX and commodities: GBP/USD is up 66 pips at $1.6254, EUR/USD is up 48 pips at $1.3575 and USD/JPY is down 26 pips at ¥97.95. Brent crude is down 52 cents at $107.88 and gold is trading at $1332, up $3.

Stocks: Building and heating materials supplier Wolseley announced a 138% rise in full-year pre-tax profits. Information services company Experian has acquired a fraud detection business for $324 million.

The day ahead: Eurozone manufacturing PMI and Italian unemployment are due out at 9am, followed by UK manufacturing PMI at 9.30am. Eurozone unemployment figures will be released at 10am. In the US, manufacturing PMI will be announced at 2pm, followed by construction spending and ISM manufacturing at 3pm.

All figures correct at 8.30am. All times London time.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Find articles by analysts

Een artikel zoeken

Form has failed to submit. Please contact IG directly.