• FTSE 100 up 0.6% to 6,549
• Gold up 0.79 to $1,282.38/oz
• £/$ – 1.5998
The FTSE 100 extended its gains yesterday, climbing a further 0.6% to close at a three-week high of 6,549.
Leading the index up was miner Rio Tinto, up 4.3% after reported record iron ore production. At the other end of the table, Burberry lost 7.6% as its chief executive jumped ship to Apple.
In Europe, the Paris CAC 40 rose 34 points to 4,256, and the German Xetra Dax added 81 points to 8,804.
In the US, the Dow Jones Industrial Average lost 0.9% to 15,168, the S&P 500 slid 0.7% to 1,698, and the Nasdaq Composite was 0.6% lower at 3,794.
Overnight in Asia, Japan’s Nikkei 225 rose 0.2% to 14,467, and the broader Topix index slipped 0.1% to 1,196. And in China, the Shanghai Composite lost 1.8% to 2,193, and the CSI 300 fell 1.9% to 2,421.
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In the forex markets this morning, sterling was trading against the US dollar at 1.5993 and against the euro at 1.1831. The dollar was trading at 0.7397 against the euro and 98.40 against the Japanese yen.
And today, Chinese tech firm Huawei says it is to build a £125m research and development centre in Britain. It is the first deal to be done as part of the company’s five-year plan to invest £1.2bn in the UK, which it announced last month.