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.
This morning in London: The FTSE 100 is currently down 59 points at 6582.
FX and commodities: GBP/USD is down five pips at $1.6780, EUR/USD is up five pips at $1.3891 and USD/JPY is up 22 pips at ¥101.76. Brent crude is down nine cents at $107.35 and gold is trading at $1318, down $1.
Stocks: UK investment group Jupiter Fund Management reported a 2% increase in assets under management in the first quarter.
The day ahead: UK leading index is due out at 10am. In the US, PPI will be released at 1.30pm, followed by University of Michigan consumer sentiment at 2.55pm.
All figures correct at 8am. All times London time.