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 up 192 points at 15,994, the NASDAQ finished up 42 points at 4191 and the S&P 500 ended the day up 19 points at 1819.

This morning in London: The FTSE 100 is currently up six points at 6678.

FX and commodities: GBP/USD is down six pips at $1.6445, EUR/USD is down three pips at $1.3635 and USD/JPY is down 16 pips at ¥102.46. Brent crude is up ten cents at $108.70 and gold is trading at $1286, down $4.45.

Stocks: Today the FTSE will lose over 11 points from companies going ex-dividend. Tullow Oil has updated the markets on further discoveries in its fields off the coast of Mauritania. Reckitt Benckiser has posted full-year figures with improving margins and an increased dividend. Manchester United will also be posting a trading statement later today.

The day ahead: Trade balance figures received from China overnight have been particularly good, but the focus of the day will be on Bank of England governor Mark Carney. He will be speaking at 10.30am, when the latest quarterly inflation report is issued. As the economic picture in the UK has been improving, Mr Carney will no doubt cover the timeline for interest-rate change, although with the UK population so very indebted to property mortgages it seems unlikely he will want to rock that boat. Mid-afternoon will see ECB president Mario Draghi speaking, too.

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

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