• FTSE futures little changed

  • Wall Street ends 0.4% lower

  • Japan and Taiwan rally

  • Australia falls 0.6%

  • Bitcoin crashes below $70,000

FTSE futures little changed

Wall Street ends 0.4% lower

Japan and Taiwan rally

Australia falls 0.6%

Bitcoin crashes below $70,000

7.00 am GMT: London set for a cautious start

The FTSE 100 is set for a subdued start on Friday, with futures around 10,870, little changed after the blue-chip index closed 0.3% higher at 10,863 on Thursday.

Wall Street finished modestly lower after a volatile session, with the S&P 500, Nasdaq and Dow all falling around 0.4% as investors digested upheaval at Nvidia and higher oil prices.

Asian trading was mixed, with Japan up around 1% and Taiwan more than 2% higher, while Hong Kong fell around 0.8%.

Australia's ASX 200 was down around 0.6% near 9,095.

Brent crude held near $95.50 a barrel, gold rose towards $3,910 an ounce and sterling traded around $1.323.

Bitcoin has crashed below $70,000 as another sharp risk-off move triggered hundreds of millions of dollars in forced liquidations and pushed the broader cryptocurrency market deeper into fear territory.

UK attention turns to results from 3i Group and Land Securities, while US producer inflation is due later.