Thursday morning snapshot

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

A bus passing the Bank of England
Source: Bloomberg

Last night in the US: The Dow Jones closed up 77 points at 17,138, the NASDAQ finished up nine points at 4425 and the S&P 500 ended the day up eight points at 1981.

This morning in London: The FTSE 100 is currently down 18 points at 6765.

FX and commodities: GBP/USD is up two pips at $1.7139, EUR/USD is up two pips at $1.3527 and USD/JPY is down 15 pips at ¥101.51. Brent crude is down three cents at $107.37 and gold is trading at $1306, up $4.50.

Stocks: Retailer Sports Direct has posted a pretax profit up 15.6%. Anglo American has followed yesterday’s good Rio Tinto figures with some of its own, as the upturn in Chinese demand for commodities has helped improve figures. SSE has seen its earnings maintained, however user numbers have fallen even with its implementation of a price freeze.

The day ahead: Eurozone inflation figures are out this morning and are not expected to make pleasant reading for the European Central Bank president Mario Draghi. The early afternoon sees US building permits and housing starts along with unemployment claims, then later on the Philadelphia Federal Reserve manufacturing index.

All figures correct at 8.15am. All times London time.

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