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This morning in London: The FTSE 100 is currently 26 higher points at 6185.
FX and commodities: GBP/USD is down 23 pips at $1.5486, EUR/USD is down one pip at $1.3220 and USD/JPY is up 70 pips at Y98.01. Olie - Brent Crude is up 72 cents at $104.47 and gold is $12 stronger at $1297.
Stocks: BHP Billiton has sold off 15% of its Jimblebar mine iron ore project to a Japanese firm for $1.5 billion.
The day ahead: In Europe, UK public sector net borrowing is out at 9.30am (London time). We are not expecting any major economic announcements from Europe or the US.