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 34 points at 16,418, the NASDAQ finished down two points at 4334 and the S&P 500 ended the day down one point at 1877.

This morning in London: The FTSE 100 is currently up 19 points at 6708.

FX and commodities: GBP/USD is up 12 pips at $1.6635, EUR/USD is up 15 pips at $1.3861 and USD/JPY is down three pips at ¥103.24. Brent crude is down 45 cents at $107.56 and gold is trading at $1345, up $7.

Stocks: The UK based specialist financial services group Close Brothers has reported a 21% increase in its first-half operating profits. British estate agency Foxtons reported a 16% rise in revenue.

The day ahead: Today will see the UK manufacturing, industrial production and inflation report’s released at 9.30am.

In the US, wholesale business inventories will be released at 3pm.

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

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