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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.