Thursday 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 56 points at 14,988, the NASDAQ finished up ten points at 3443 and the S&P 500 ended the day up one point at 1615.

This morning in London: The FTSE 100 is currently up 62 points at 6291.

FX and commoditiesGBP/USD is down 19 pips at $1.5258, EUR/USD is nine pips lower at $1.3000 and USD/JPY is 32 pips weaker at ¥99.57. Oil - Brent Crude is down by 35 cents to $105.41 and gold is down $0.5 at $1252.

Latest news: With the US closed for Independence Day, we would normally expect a quieter day; however the latest interest-rate decisions from both the Bank of England and the European Central Bank are announced later. It is not expected that either will change but there is a chance that new Bank governor Mark Carney might use this as an opportunity to speak, while as ever we are likely to hear an upbeat message from ECB president Mario Draghi. Traders are also likely to keep a close eye on the debt markets following yesterday’s Portuguese ten-year yield spike above 8%.

Stocks: easyJet has announced that monthly passenger numbers have increased by 1.9% year-on-year. Rio Tinto continue to await approval for its Mongolian mine, keeping its $6.2 billion operation on hold.

The day ahead: With the US holiday, today’s spotlight focuses on the latest interest-rate decisions and statements from both the BoE and ECB, along with eurozone final-quarter GDP. All figures as at 8.30am (London time).

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