Global markets roundup, 10 February

• FTSE 100 up 0.2% to 6,571

• Gold up 0.72% to $1,267.27/oz

• £/$ – 1.6411

The FTSE 100 ended the day in positive territory in Friday, closing up 0.2% at 6,571.

Housebuilder Persimmon was the highest climber of the day with a 3.4% rise. Elsewhere, energy stocks were out of favour. BG Group was the day’s biggest faller with a 3.1% fall, and Tullow Oil lost 3%.

In Europe on Friday, the Paris CAC 40 rose 40 points to 4,117, and the German Xetra Dax added 45 points to 9,301.

In the US, the Dow Jones Industrial Average rose 1.1% to 15,794, the S&P 500 added 1.3% to 1,797, and the Nasdaq Composite was 1.7% lower at 4,125.

In Asia, the Nikkei 225 rose 1.8% to 14,718 and the broader Topix index was 1.3% higher at 1,204. And in China, markets reopened in a positive mood after the New Year celebrations. The Shanghai Composite rose 2% to 2,086, and the CSI 300 added 2.5% to 2,267.

Brent spot was trading at $109.00 early today, and in New York, crude oil was at $99.54. Spot gold was trading at $1,275 an ounce, silver was at $20.19 and platinum was at $1,391.

In the forex markets this morning, sterling was trading against the US dollar at 1.6404 and against the euro at 1.2023. The dollar was trading at 0.7329 against the euro and 102.22 against the Japanese yen.

And today, optimism among British businesses is at its highest for 22 years, according to the latest BDO Optimism Index. The index rose to 103.8 in January, up from 103.4 in December, its highest since the index began.

Merryn

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