Monday morning snapshot

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

Friday night in the US: The Dow Jones closed up 198 points at 16,020, the NASDAQ finished up 29 points at 4062 and the S&P 500 ended the day up 20 points at 1805.

This morning in London: The FTSE 100 is currently down five points at 6547.

FX and commodities: GBP/USD is up 31 pips at $1.6386, EUR/USD is up 18 pips at $1.3724 and USD/JPY is up 19 pips at ¥103.07. Brent crude is down three cents at $111.60 and gold is trading at $1230, up $1.

Stocks: Lloyds sold UK commercial property loans to a US private equity firm for £90 million.

The day ahead: German industrial production is due at 11am. In the US, James Bullard of the Federal Reserve is due to make an announcement at 6.05pm. 

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

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