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This morning in London: The FTSE 100 is currently flat at 6708
FX and commodities: GBP/USD is down 11 pips at $1.6007, EUR/USD is down one pip at $1.3234 and USD/JPY is down nine pips at ¥98.97. Brent crude is up 47 cents at $105.56 and gold is trading at $1285, down $2.41.
Stocks: BT has escalated its battle with BSkyB by agreeing a record deal to show the Champions League from 2015. The Royal Bank of Scotland has seen over 1000 customers agree a mortgage on the back of the government’s new ‘help to buy’ housing scheme in the last month. Automotive insurer Admiral reports that the number of cars it insures has increased by 3% during the third quarter.
The day ahead: With bank holidays in France, Canada and the US today, markets are set for lower volumes, especially as the economic calendar looks very thin.
All figures correct at 8.30am. All times London time.