• FTSE 100 down 0.1% to 6,685
• Gold up 0.69% to $1,348.97/oz
• £/$ – 1.6617
The FTSE 100 made up most of yesterday’s early losses, but was still unable to end the day in the black. The index closed down 0.1% at 6,685..
Banks were under fire as allegations of manipulation in the forex markets lingered on. RBS was the day’s biggest faller, down 3%, and Barclays lost 2.4%.
In Europe yesterday, the Paris CAC 40 fell 21 points to 4,349 and the German Xetra Dax rose 42 points to 9,307.
In the US, the Dow Jones Industrial Average fell 0.4% to 16,351, the S&P 500 lost 0.5% to 1,867, and the Nasdaq Composite was 0.6% lower at 4,307.
Overnight in Japan, the Nikkei 225 slid 2.6% to 14,830 and the broader Topix lost 2.1% to 1,206. And in China, the Shanghai Composite fell 0.2% to 1,997, and the CSI 300 gained 0.3% to 2,114.
In the forex markets this morning, sterling was trading against the US dollar at 1.6610 and against the euro at 1.1989. The dollar was trading at 0.7218 against the euro and 102.86 against the Japanese yen.
And today, online grocery store Ocado reported strong growth in sales in the first quarter, and said it was on course to make its first annual profit. Gross retail sales rose by 18% in the 12 week to 23 February to £218.8m. The average number of orders per week rose to 155,152, up from 130,995 a year ago.