1630: Close The FTSE ended today's session on a downbeat note, weighed by the outlook for the Eurozone's economic growth, a mixed bag on the corporate earnings front, and the 14-year high achieved by the FTSE earlier in the week. Much of today's focus was on GDP figures released from the Eurozone, with the figure for the region as a whole rising by 0.2 per cent, less than the 0.4 per cent analysts had expected. That came as Russia's Prime Minister said that it was 'necessary to pay for delivered energy supplies'. In the US, stocks declined sharply as investors weighed a barrage of mixed economic data, including a pick-up in inflation, an unexpected drop in jobless claims and a surprise slide in industrial production. The top tier index ended today's session down 37.60 points at 6,840.89.
1555: Diageo was rising on reports it is planning to scrap its regional hub structure, "with activities previously managed at regional level in Africa, Asia Pacific and Latin America, moving to our markets, to global or ceasing altogether". According to Marketing Magazine, the company said the changes will simplify the business and drive efficiencies. FTSE 100 down 42 to 6,836.
1500: The Federal Reserve Bank of Philadelphia's regional manufacturing barometer edged lower in May, to 15.4, from 16.6 in the month before. The gauge for prices paid jumped to 23 from 11.3 in the month before.
1332: Initial weekly unemployment claims dropped by 24,000 in the latest week, to reach 297,000 (consensus: 320,000).
1331: The New York Fed's regional manufacturing gauge popped higher in May to reach 19.01, from 1.29 in the month before (consensus: 6).
1330: The US consumer price index for the month of April increased by 0.3 per cent month-on-month (2.0 per cent year-on-year), below the rise of 0.3 per cent (2.1 per cent year-on-year) expected by economists. The core rate advanced at a 0.2 per cent month-on-month (1.8 per cent year-on-year) pace.
1227: The FTSE 100 is up just three points at 6,881 as markets continue to fluctuate at 14-year highs. US stock futures are pointing to a flat to slightly lower start on Wall Street later on ahead of US consumer price inflation figures, jobless claims data, the Empire State manufacturing index and nationwide industrial production readings.
1000: The Eurozone's gross domestic product expanded at a 0.2 per cent quarter-on-quarter rate in the first quarter, below the 0.4 per cent expected. Consumer prices in the single currency area were up by 0.7 per cent year-on-year, in April, in line with forecasts.
0916: Economists have revised down their forecast for consumer price inflation in the Eurozone in 2016 to 1.5 per cent year-on-year from 1.7 per cent previously, according to the results of the Professional Forecasters Survey contained in the ECB's monthly bulletin.
0831: Stocks have begun the day slightly higher, led by gains in shares
of LSE Group, following its latest annual results, Hargreaves Lansdown, Schroders and Sports Direct. Wall Street closed lower overnight and a raft of economic data is due out. As well, traders will tune in to a speech from Fed Chair Janet Yellen, this afternoon. Land Securities and Anglo American are doing worst. German gross domestic product expanded at a 0.8 per cent quarter-on-quarter pace during the first three months of the year. FTSE 100 up 7 to 6,886.