Global markets roundup, 10 January

• FTSE 100 down 0.5% at 6,691

• Gold up 0.16% to $1,227.95/oz

• £/$ – 1.6481

The FTSE 100 fell further yesterday, down 0.5% to close at 6,691.

Supermarket group Wm Morrison was the day’s biggest faller, down 7.8% after a disappointing set of results. Marks & Spencer, however, was the day’s best performer, rising 3.6%.

In Europe yesterday, the Paris CAC 40 fell 35 points to 4,225, and the German Xetra Dax fell 76 points to 9,421.

In the US, the Dow Jones Industrial Average fell 0.1% to 16,444, the S&P 500 rose one point to 1,838, and the Nasdaq Composite was 0.2% lower at 4,156.

In Asia, the Nikkei 225 rose 0.2% to 15,912, and the broader Topix index gained 0.1% to 1,298. And in China, the Shanghai Composite lost 0.7% to 2,013, and the CSI 300 was 0.8% lower at 2,204.

Brent spot was trading at $106.95 early today, and in New York, crude oil was at $92.57. Spot gold was trading at $1,235 an ounce, silver was at $19.77 and platinum was at $1,418.

In the forex markets this morning, sterling was trading against the US dollar at 1.6464 and against the euro at 1.2099. The dollar was trading at 0.7349 against the euro and 104.92 against the Japanese yen.

And in the UK, online sales for non-food items accounted for 20% of total sales in December, according to the British Retail Consortium. The volume of online sales grew by 19.2% compared with a year ago, the fastest growth in three years. Overall, however, like-for-like sales grew by just 0.4%.

Merryn

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