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This morning in London: The FTSE 100 is currently up 23 points at 6697.
FX and commodities: GBP/USD is up six pips at $1.6167, EUR/USD is up one pip at $1.3780 and USD/JPY is up five pips at ¥97.42. Brent crude is up 36 cents at $108.08 and gold is trading at $1335, up $2.05.
Stocks: The largest global advertising company, WPP, has seen an increase in market share as the number two and three companies are still trying to iron out an agreement for a merger. Debenhams has painted a slightly gloomy picture: sales have fallen by 2.7% as expected, and the outlook is cautious as consumer spending power remains weak. Unilever has posted Q3 figures in line with expectations, and has seen sales grow by 3.2%.
The day ahead: German flash manufacturing and service PMI figures are out early in the day, followed by their EU counterparts. Once again Brussels is hosting its latest EU economic summit. In the afternoon we have US trade balance figures, manufacturing PMI and also new home sales figures.
All figures correct at 8.30am. All times London time.