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This morning in London: The FTSE 100 is currently down 14 points at 6848.
FX and commodities: GBP/USD is up 12 pips at $1.6757, EUR/USD is up seven pips at $1.3604 and USD/JPY is down three pips at ¥102.34. Brent crude is up 11 cents at $108.87 and gold is trading at $1245, up $1.
Stocks: AstraZeneca has announced that the FDA has fast tracked its latest antibiotic drug. More bad news for G4S as a government watchdog is now investigating the company’s activities in Palestine and Israel. Wolseley has stated it expects the next half year to see revenue grow by 4%.
The day ahead: UK construction purchasing managers index figures are out this morning, along with the eurozone current unemployment rate and yearly flash consumer price index estimates. Later in the afternoon we will see US monthly factory orders.
All figures correct at 8.20am. All times London time.