Global markets report, 27 February

• FTSE 100 down 0.5% to 6,799

• Gold down 0.75% to $1,330.57/oz

• £/$ – 1.6671

The FTSE 100 slid further yesterday, down another 0.5% to close at 6,799.

EasyJet was the biggest faller of the day. The airline lost 5.1% after going ex-dividend. Insurer Admiral was also out of favour, down 2.9%, and Tesco slipped 2.7%.

In Europe yesterday, the Paris CAC 40 fell 18 points to 4,396, and the German Xetra Dax lost 38 points to 9,661.

In the US, the Dow Jones Industrial Average and the Nasdaq Composite each rose 0.1% to 16,198 and 4,292 respectively, and the S&P 500 was unchanged at 1,845.

Overnight in Japan, the Nikkei 225 fell 0.3% to 14,923 and the broader Topix slid 0.7% to 1,217. And in China, the Shanghai Composite rose 0.3% to 2,047, and the CSI 300 fell 0.4% to 2,154.

Brent spot was trading at $109.31 early today, and in New York, crude oil was at $102.24. Spot gold was trading at $1,325 an ounce, silver was at $21.18 and platinum was at $1,417.

In the forex markets this morning, sterling was trading against the US dollar at 1.6651 and against the euro at 1.2187. The dollar was trading at 0.7319 against the euro and 102.23 against the Japanese yen.

And today, the Royal Bank of Scotland announced an £8.2bn loss for 2013. £3.8bn of that is made up of costs for litigation and compensation, and £588m is to be paid in bonuses.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

Comment on this article

MoneyWeek magazine

Latest issue:

Magazine cover
A new dawn for energy

Our experts pick the stocks to buy

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

FREE REPORT:
What you should really do with your money (2014 Edition)


How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking