All trading involves risk. Losses can exceed deposits.

Thursday morning snapshot

A snapshot of the early morning's equity news and key market movements.

All trading involves risk. Losses can exceed deposits.
A bus passes the Bank of England
Source: Bloomberg

Last night in the US: The Dow Jones closed up 49 points at 16,867, the NASDAQ finished up 29 points at 4379 and the S&P 500 ended the day up nine points at 1959.

This morning in London: The FTSE 100 is currently up eight points at 6741.

FX and commodities: GBP/USD is up six pips at $1.6988, EUR/USD is up six pips at $1.3635 and USD/JPY is down ten pips at ¥101.75. Brent crude is down 21 cents at $113.80 and gold is trading at $1315, down $3.25.

Stocks: The hits keep coming for Barclays CEO Anthony Jenkins, as he now faces fresh allegations from US regulators over his companies running of dark pools in the US. Vodafone looks set to gain EU approval for its acquisition of Spanish mobile operator Ono today. We will also be watching out for figures from Dixons and Carphone Warehouse as their tie-up approaches.

The day ahead: Once again we will be hearing from the Bank of England governor Mark Carney this morning. Given the recent run of u-turns we have seen from the bank in the last couple of weeks, this could be more interesting than the normal Financial Stability reports. Later in the afternoon we will also get the latest US unemployment claims, along with US personal spending and income updates.

All figures correct at 8.10am. All times London time.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.