Global markets roundup, 14 February

• FTSE 100 down 0.2% to 6,659

• Gold up 0.91% to $1,302.90/oz

• £/$ – 1.6659

The FTSE 100 was back on the decline again yesterday. The index clawed back its steep fall from early in the day to close down 0.2% at 6,659.

Investors dumped Tate & Lyle, which fell 16.1% despite it saying profits would lower than expected. Rolls Royce was also out of favour, sliding 13.6% after similarly warning on profits.

In Europe yesterday, the Paris CAC 40 rose seven points to 4,312, and the German Xetra Dax added 56 points to 9,596.

In the US, the Dow Jones Industrial Average rose 0.4% to 16,027, the S&P 500 added 0.6% to 1,829, and the Nasdaq Composite was 0.9% higher at 4,240.

Overnight in Japan, the Nikkei 225 slid 1.5% to 14,313 and the broader Topix index lost 1.3% to 1,183. And in China, the Shanghai Composite rose 0.8% to 2,115, and the CSI 300 gained 0.7% to 2,295.

Brent spot was trading at $108.27 early today, and in New York, crude oil was at $99.80. Spot gold was trading at $1,311 an ounce, silver was at $20.82 and platinum was at $1,419.

In the forex markets this morning, sterling was trading against the US dollar at 1.6706 and against the euro at 1.2198. The dollar was trading at 0.7301 against the euro and 101.90 against the Japanese yen.

And today, mining giant Anglo American reported a rise in profits for the last year. Undelrying operating profits rose by 6% to $6.6bn. Revenue rose by 1% to $33.06bn.

Merryn

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