Global markets roundup, 11 December

• FTSE 100 down 0.6% to 6,523
• Gold up 1.76% to $1,262.18/oz
• £/$ – 1.6445

The FTSE 100 fell  back again yesterday slipping 0.6% to close at 6,523.

Standard Chartered was the day’s worst performer, down 2.3%. And at the other end of the table, precious metals minders tracked the price of gold up. Randgold Resources topped the index with a 2.3% rise, and Fresnillo rose 1.9%.

In Europe, the Paris CAC 40 fell 43 points to 4,091, and the German Xetra Dax lost 81 points to 9,114.

In the US, the Dow Jones Industrial Average and the S&P 500 each fell 0.3% to 15,973 and 1,802 respectively, and the Nasdaq Composite was 0.2% lower at 4,060.

Overnight in Asia, Japan’s Nikkei 225 slipped 0.6% to 15,515, and the broader Topix fell 0.5% to 1,250. And in China, the Shanghai Composite lost 1.5% to 2,204, and the CSI 300 slid 1.7% to 2,412.

Brent spot was trading at $109.45 early today, and in New York, crude oil was at $98.38. Spot gold was trading at $1,257 an ounce, silver was at $20.21 and platinum was at $1,380.

In the forex markets this morning, sterling was trading against the US dollar at 1.6409 and against the euro at 1.1931. The dollar was trading at 0.7270 against the euro and 102.50 against the Japanese yen.

And today, Nathan Bostock, the finance director of the Royal Bank of Scotland, is to be step down after just ten weeks in the job. Mr Bostock is to take up a post with Spanish bank Santander, according to Sky News.

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