Friday morning snapshot

A snapshot of the early morning’s equity news and key markets movements.

Last night in the US: The Dow Jones closed down 225 points at 15,112, the NASDAQ  finished down 63 points at 3606 and the S&P 500 closed down 24 points at 1661.

This morning in London: The FTSE 100 is currently up four points at 6487.

FX and commodities: GBP/USD is down 17 pips at $1.5624, EUR/USD  is down nine 26 pips at $1.3338 and USD/JPY is up 19 pips at Y97.54. Oil - Brent Crude is up 19 cents at $107.54 and gold is trading at $1363, down $2.

Stocks: Mid-cap property company Daejan has confirmed that it's on track to achieve its first-quarter target.

The day ahead: Eurozone CPI and trade balance are due out at 10am. In the US, building permits and housing starts are released at 1.30pm, followed by the University of Michigan consumer confidence at 2.55pm (all London times).

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