Wednesday morning snapshot

A snapshot of the early morning's equity news and key market movements.

A bus passes the Bank of England
Source: Bloomberg

Last night in the US: The Dow Jones closed down 119 points at 16,818, the NASDAQ finished down 18 points at 4350 and the S&P 500 ended the day down 12 points at 1949.

This morning in London: The FTSE 100 is currently down 26 points at 6760.

FX and commodities: GBP/USD is down 30 pips at $1.6954, EUR/USD is up eight pips at $1.3614 and USD/JPY is down seven pips at ¥101.89. Brent crude is down 67 cents at $113.72 and gold  is trading at $1314, down $4.50.

Stocks: Land Securities has acquired a 30% stake in Kents shopping mecca Bluewater for £656 million. Because of unexpected cost cutting returns, Aberdeen Asset Management expects to be able to increase its dividend. While in the middle of a possible takeover battle, Shire has strengthened its hand with news that US regulators have approved its patent for its Vyvanse drug.  

The day ahead: UK monthly CBI retail sales figures are released this morning ahead of this afternoon's US Core dureable goods orders and final GDP figures.

All figures correct at 8.15am. All times London time.

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.

Find articles by analysts

Een artikel zoeken

Form has failed to submit. Please contact IG directly.

  • Ik wens per e-mail informatie van IG Group bedrijven te ontvangen over handelsideeën en IG's producten en diensten.

Voor meer informatie over hoe wij uw gegevens mogelijk kunnen gebruiken, bekijkt u ons Privacy- en toegangsbeleid en onze privacy website.

CFD’s zijn complexe instrumenten en brengen vanwege het hefboomeffect een hoog risico mee van snel oplopende verliezen. 79% van de retailbeleggers lijdt verlies op de handel in CFD’s met deze aanbieder.
Het is belangrijk dat u goed begrijpt hoe CFD's werken en dat u nagaat of u zich het hoge risico op verlies kunt permitteren.
CFD’s zijn complexe instrumenten en brengen vanwege het hefboomeffect een hoog risico mee van snel oplopende verliezen.