Global markets roundup, 14 April

• FTSE 100 down 1.2% to 6,562
• Gold down 0.03% to $1,318.42/oz
• £/$ – 1.6733

Heavy selling in America triggered steep losses in the FTSE 100 on Friday, with the index down 1.2% to 6,562.

Falling passenger numbers weighed on IAG and easyJet shares. The airlines fell 5.3% and 3.5% respectively.

But there was some welcome good news for Morrisons. The supermarket gained 2%.

In Europe, the Paris CAC 40 fell 47 points to 4,366, and the German Xetra Dax lost 140 points to 9,315.

In the US, the Dow Jones Industrial Average slipped 0.9% to 16,027, the S&P 500 was 1.0% lower at 1,816, and the Nasdaq Composite fell 1.3% higher at 4,000.

Overnight in Asia, Japan’s Nikkei 225 lost 0.4% to 13,910, and the broader Topix index fell 0.1% to 1,133. And in China, the Shanghai Composite gained 0.1% to 2,132, and the CSI 300 slid 0.1% to 2,269.

Brent spot was trading at $108.18 early today, and in New York, crude oil was at $104.52. Spot gold was trading at $1,326 an ounce, silver was at $19.96 and platinum was at $1,465.

In the forex markets this morning, sterling was trading against the US dollar at 1.6729 and against the euro at 1.2079. The dollar was trading at 0.7220 against the euro and 101.61 against the Japanese yen.

And in the UK, house prices have hit a new high, according to Rightmove. The online estate agency said average asking prices rose 2.6% in April to £262,594. Year on year, asking prices were up 7.3%.

Your 4 simple steps to the financial future your deserve
Receive your FREE MoneyWeek Investor Starter Pack – 4 of our most popular investing reports, covering:

  • The best shares to buy in 2015
  • Where house prices are heading in 2015 and beyond
  • Why you should buy gold now
  • How to take full advantage of the new pension freedoms – AND avoid the pitfalls
Claim your Starter Pack today

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
Why you should worry about Greece

...and how to protect your wealth

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

From ADRs to Z scores – all the terms you wish you understood, but were too embarrassed to ask about.

Gervais Williams: if you want real dividend growth, buy small-cap stocks

Merryn Somerset Webb interviews small-cap stock expert Gervais Williams about how penny shares outperform blue chips 'again and again'.


Which investment platform is the right one for you?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from, with varying fees and charges. Find out which is best for you.


3 July 1767: Pitcairn Island is discovered


Pitcairn Island was spotted on this day in 1767 by 15-year old midshipman Robert Pitcairn, serving on HMS Swallow. It was marked wrongly on the ship's chart, and was promptly lost again.


Anatomy of a Grexit: how Greece would go about leaving the euro

Jonathan Loynes and Jennifer McKeown, economists at Capital Economics, look at the key issues and challenges of a Grexit, how it might be best managed, and set out a timetable for change.