Global markets roundup, 12 June

• FTSE 100 down 0.5% to 6,838

• Gold up 0.09% to $1,261.06/oz

• £/$ – 1.6788

The FTSE 100 saw a fall yesterday, sliding 0.5% to close at 6,838.

Rolls Royce was the day’s biggest faller, down 5.5% after Emirates Airlines cancelled an order for 70 Airbus planes. Vodafone was also out of favour, down 4.5% after going ex-dividend.

In Europe, the Paris CAC 40 fell 40 points to 4,555, and the German Xetra Dax lost 79 points to 9,949.

In the US, the Dow Jones Industrial Average fell 0.6% to 16,843, the S&P 500 lost 0.4% to 1,943, and the Nasdaq Composite 0.1% lower at 4,331.

Overnight in Japan, the Nikkei 225 slid 0.6% to 14,973 and the broader Topix slipped 0.1% to 1,237. And in China, the Shanghai Composite fell 0.2% to 2,051, and the CSI 300 was 0.4% lower at 2,153.

Brent spot was trading at $110.71 early today, and in New York, crude oil was at $104.83. Spot gold was trading at $1,261 an ounce, silver was at $19.16 and platinum was at $1,457.

In the forex markets this morning, sterling was trading against the US dollar at 1.6827 and against the euro at 1.2434. The dollar was trading at 0.7389 against the euro and 102.07 against the Japanese yen.

And today, Mulberry, the Somerset-based maker of upmarket handbags, reported a 46% drop in annual profits. The company made £14m in the year to 31 March, down from £26m the previous year, after reducing prices.

Merryn

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