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This morning in London: The FTSE 100 is currently up 31 points at 6757.
FX and commodities: GBP/USD is down 45 pips at $1.6094, EUR/USD is down 13 pips at $1.3773 and USD/JPY is down 114 pips at ¥97.56. Brent crude is down 38 cents at $109.22 and gold is trading at $1344, down $8.
Stocks: Lloyds reported an 83% increase in third-quarter profits. Standard Chartered reported a ‘low single digit percentage’ decline in third-quarter revenue. BP reported a 5.6% increase in its quarterly dividend.
The day ahead: UK mortgage approvals are due at 9.30am. In the US, retail sales and PPI are due out at 12.30pm, followed by the house price index at 1pm and consumer confidence at 2pm.
All figures correct at 8.30am. All times London time.