Wednesday 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 20 points at 15,618, the NASDAQ finished up three points at 3939 and the S&P 500 ended the day down five points at 1762.

This morning in London: The FTSE 100 is currently up 11 points at 6757.

FX and commodities: GBP/USD is up 23 pips at $1.6069, EUR/USD is up 22 pips at $1.3496 and USD/JPY is up six pips at ¥98.56. Brent crude is up 59 cents at $105.94 and gold is trading at $1312, up $1.

Stocks: JD Wetherspoon posted a 7.6% rise in sales for the 13 weeks to the end of October. Housebuilder Persimmon reported a 45% increase in weekly private sales since 1 July.

The day ahead: UK manufacturing and industrial production is due out at 9.30am. Eurozone retail sales will be released at 10am, followed by German factory orders at 11am. In the US, the CB leading index is due out at 3pm.

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

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