This morning in London: The FTSE 100 is currently up 17 points at 6260.
FX and commodities: GBP/USD is down four pips at $1.5258, EUR/USD is up seven pips at $1.3047 and USD/JPY is up 61 pips at Y98.95. Oil - Brent Crude is up 22 cents at $103.05 and gold is trading at $1204, up $4.
Stocks: Serco announced that first-half revenues will be ahead of expectations.
The day ahead: In Europe, the UK index of services is due out at 9.30am, followed by Italian CPI at 10am. In the US, Jeremy Stein of the Federal Reserve is due to speak at 1am. Chicago PMI is due out at 2.45pm, followed by University of Michigan consumer sentiment at 2.55pm. (All times London time.)