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 31 points at 15,451, the NASDAQ finished up 14 points at 3684 and the S&P 500 closed up five points at 1694.

This morning in London: The FTSE 100 is currently up 10 points at 6621.

FX and commoditiesGBP/USD is down 10 pips at $1.5438, EUR/USD is down two pips at $1.3260 and USD/JPY is up four pips at Y98.24. Brent crude is down 19 cents at $106.52 and gold is trading at $1322, up $1.

Stocks: Eurasian Natural Resources reported a 17% decline in first-half pre-tax profits. Centamin announced a 22% decline in second-quarter pre-tax profits.

The day ahead: In Europe, the UK unemployment rate, claimant count and MPC minutes are due out at 9.30am, followed by eurozone GDP at 10am.

In the US, PPI is will be released at 1.30pm.

(All times are London time.)

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