Global markets roundup, 1 July

• FTSE 100 down 0.2% to 6,743

• Gold up 0.85% to $1,327.32/oz

• £/$ – 1.7016

The FTSE 100 slipped back yesterday, falling 0.2% to close at 6,743.

Airlines were the worst performers of the day – Easyjet lost 6.4%, and International Consolidated Airlines fell 3.5%. Financial stocks were also in the doldrums. Hargreaves Lansdown lost 1.9%, while Barclays and Lloyds each fell 1.5%.

In Europe, the Paris CAC 40 fell 14 points to 4,422, and the German Xetra Dax gained 18 points to 9,833.

In the US on Friday, the Dow Jones Industrial Average slipped 0.2% to 16,826, the S&P 500 was flat at 1,960, and the Nasdaq Composite was 0.2% higher at 4,408.

Overnight in Japan, the Nikkei 225 and the broader Topix each rose 1.1% to 15,326 and 1,276 respectively. And in China, the Shanghai Composite added 0.1% to 2,050, and the CSI 300 was one point lower at 2,164.

Brent spot was trading at $112.56 early today, and in New York, crude oil was at $105.76. Spot gold was trading at $1,326 an ounce, silver was at $20.99 and platinum was at $1,482.

In the forex markets this morning, sterling was trading against the US dollar at 1.7108 and against the euro at 1.2495. The dollar was trading at 0.7303 against the euro and 101.49 against the Japanese yen.

And today, Ocado has reported a profit for the first half of the year, after signing a deal with supermarket chain Morrisons. The online grocer made a pre-tax profit of £7.5m in the 24 weeks to 18 May, compared with a loss of £3.8m last year.

Merryn

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