Friday 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 109 points at 16,734, the NASDAQ finished down 34 points at 3764 and the S&P 500 ended the day down 13 points at 1930.

This morning in London: The FTSE 100 is currently down 26 points at 6816.

FX and commodities: GBP/USD is up 20 pips at $1.6824, EUR/USD is up 15 pips at $1.3657 and USD/JPY is down five pips at ¥102.42. Brent crude is up 20 cents at $108.82 and gold is trading at $1255, up $1.

Stocks: Tullow Oil has increased its loan facility to $500m to finance its Norway exploration. Intel has increased its revenue guidance for 2014 after higher-than-anticipated demand in the second quarter.

The day ahead: Today the eurozone employment data will be released at 10am, then in the afternoon the US core PPI is due out at 1.30pm.

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

IGA, may distribute information/research produced by its respective foreign marketing partners within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

This information/research prepared by IGA or IGA Group is intended for general circulation. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should take into account your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. 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. In addition to the disclaimer above, the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.

See important Research Disclaimer.