1630: Close Gains on the FTSE were driven by the positive responses to updates from GKN and Next, which lifted the index by 19.68 points to 6,807.75. The gains were limited by the EU's decision to impose further sanctions against Russia, while declines over in the States also pulled the index lower in late trading. There was little out today in the way of UK data, although figures did show that the fallout from the Mortgage Market Review appears to be passing, according to economists following the release of the latest statistics on personal and mortgage lending.
1500: The Conference Board's consumer confidence index for the month of July jumped to a reading of 90.9 from 86.4 in the month before (consensus: 85.4).
1401: US house prices rose at an annual rate of just 9.3% in April, slowing from the 10.8% growth registered in April, according to the Case-Shiller 20-city composite index. Analysts had expected a 9.9% increase.
1150: There is a "real danger of conflict" in Europe, according to Clinton administration veteran Strobe Talbott, who sees "disturbing and troubling" parallels between 1914 and 2014. "There is a danger of conflict in Europe, caused by what Putin has done in Ukraine. There is conflict in the Far East with the tensions and disputes between China on the one hand, and Vietnam and the Philippines of another," he explained, adding also growing tensions between Japan and China, and the solution in the Middle East to the borders established after WWI.
1149: Shares of St.James's Place are at the bottom of the pile after the
asset manager reported IFRS pre-tax profits of £82.4m, well below the £91m expected by analysts.
1141: Petra Diamonds is getting knocked lower after it became aware that 43m shares
held by Awal Bank have been placed by its administrators, RBS Capital Markets, with both UK and international institutions at a price of 190p per share.
0954: UK grocery price inflation fell to a historic low of 0.4% and the grocery market expanded by just 0.9% - the lowest figure for 10 years - in the 12 weeks to July 20, according to market researchers Kantar Worldpanel.
0933: The European Union is set to back new sanctions on Russia against sectors including finance, energy and defence, the BBC reports.
0930: UK mortgage approvals reached 67,200 in June, ahead of the 63,000 expected by the consensus and the previous month's print of 62,000.
0841: The Footsie has started the session slightly higher, fueled by gains in shares of GKN following the automotive and aerospace engineer's latest first half numbers. Stock in Next is close behind after lifting its financial guidance for the full year. That follows a mixed close to trading overnight on Wall Street but a positive finish in the Asian session. Analysts at JP Morgan have raised their recommendation on Standard Chartered to 'overweight' versus 'neutral'. The latest UK consumer credit and mortgage lending data are scheduled for release at 09:30. FTSE 100 up 19 to 6,807.