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This morning in London: The FTSE 100 is currently flat at 6532.
FX and commodities: GBP/USD is down 11 pips at $1.6377, EUR/USD is down eight pips at $1.3580 and USD/JPY is up 22 pips at ¥102.75. Brent crude is up three cents at $112.68 and gold is trading at $1214, down $8.52.
Stocks: Tesco’s Q3 figures are off, but this has been well signposted for the last couple of days. A raft of equities go ex-dividend today, including Associated British Foods, Aberdeen Asset Management, Land Securities, the London Stock Exchange, National Grid, SAB Miller and Severn Trent. Engineering firm Amec has won a $124 million contract to work on the second phase of a project in the UAE.
The day ahead: A full day of economic data is ahead, with service PMI figures due for Spain, Italy, EU and the UK. We also have Canadian and US trade balance figures, US new home sales and, later on, the Fed Biege Book.
All figures correct at 8.30am. All times London time.