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 44 points at 16,425, the NASDAQ finished down 18 points at 4113 and the S&P 500 ended the day down four points at 1826.

This morning in London: The FTSE 100 is currently down eight points at 6721.

FX and commodities: GBP/USD is down eight pips at $1.6397, EUR/USD is down six pips at $1.3623 and USD/JPY is up 15 pips at ¥104.37. Brent crude is up 53 cents at $107.36 and gold is trading at $1239, up $1.

Stocks: Tile and flooring retailer Topps Tiles announced a 9.3% increase in 13-week sales.

The day ahead: Eurozone CPI is due to be released at 10am. In the US, trade balance will be announced at 1.30pm, followed by economic optimism at 3pm.

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

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