Markets brush off North Korea fears; pound rebounds from eight-year low against euro

Later today we’ll be finding out who has dropped out of the FTSE 100 and been promoted from the mid-cap FTSE 250 with doorstep lender Provident Financial set to slip out of the blue-chip index following its huge 66pc share price slide last week.

The troubled company is back down towards the bottom of the FTSE 100 leaderboard yet again this morning along with precious metal miners Randgold Resources and Fresnillo, which are giving up gains made yesterday as gold advanced on its safe haven appeal.

On the currency markets, the pound has come off the lows it hit against the euro yesterday and is flirting with the €1.08 mark ahead of consumer credit and mortgage approval data due at 9.30am.

Interim results: BATM Advanced Communications, James Fisher & Sons, PureTech Health, The Gym Group, Megafon, Cathay International Holdings, HSS Hire, Vimetco 

AGM: New Trend Lifestyle Group

Trading statement: Diploma

Economics: Nationwide house price index m/m (UK) Mortgage Approvals (UK), Net Lending to Individuals m/m, (UK), M4 Money Supply m/m (UK), BRC shop price index (UK), ADP Non-Farm Employment Change (US), Preliminary GDP Price Index q/q (US), Prelim GDP q/q (US), Import Prices m/m (GER)

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