Global markets roundup, 17 April

• FTSE 100 up 0.6% to 6,584
• Gold down 0.01% to $1,302.55/oz
• £/$ – 1.6797

Positive unemployment data helped lift the FTSE 100 43 points higher on Wednesday to 6,584.

Sports Direct was the day’s highest climber, up 5.6%. The retailer was followed by airline group IAG with a gain of 5.1%. And investment group Ashtead completed the top three, adding 5.0%.

However, at the other end, shares in defence stock BAE Systems slid 4.1%.

In Europe yesterday, the Paris CAC 40 rose 61 points to 4,406, and the German Xetra Dax gained 144 points to 9,318.

In the US, the Dow Jones Industrial Average gained 1.0% to 16,425, the S&P 500 was 1.1% higher at 1,862, while the Nasdaq Composite added 1.3% to 4,086.

Overnight in Asia, Japan’s Nikkei 225 and the broader Topix barely moved at 14,418 and 1,167. And in China, the Shanghai Composite fell 0.3% to 2,099, and the CSI 300 slid 0.4% to 2,225.

Brent spot was trading at $109.60 early today, and in New York, crude oil was at $104.05. Spot gold was trading at $1,297 an ounce, silver was at $19.50 and platinum was at $1,428.

In the forex markets this morning, sterling was trading against the US dollar at 1.6836 and against the euro at 1.2164. The dollar was trading at 0.7225 against the euro and 102.01 against the Japanese yen.

And in the UK, Mulberry has issued a fresh profit warning. The fashion brand admitted it had struggled to make good on its price-hike strategy. For the year to the end of March, pre-tax profits are expected to be around £14m, down from £26m the previous year.

• This article is taken from our free daily investment email, Money Morning. Sign up to Money Morning here.

66% off newsstand price

12 issues (and much more) for just £12

That’s right. We’ll give you 12 issues of MoneyWeek magazine, complete access to our exclusive web articles, our latest wealth building reports and videos as well as our subscriber-only email… for just £12.

That’s just £1 per week for Britain’s best-selling financial magazine.

Click here to take advantage of our offer

Britain is leaving the European Union. Donald Trump is reducing America’s role in global markets. Both will have profound consequences for you as an investor.

MoneyWeek analyses the critical issues facing British investors on a weekly basis. And, unlike other publications, we provide you with the solutions to help you turn a situation to your financial advantage.

Take up our offer today, and we’ll send you three of our most important investment reports:

All three of these reports are yours when you take up our 12 issues for £12 offer today.

MoneyWeek has been advising private British investors on what to do with their money since 2000. Our calls over that period have enabled our readers to both make and save a great deal of money – hence our position as the UK’s most-trusted investment publication.

Click here to subscribe for just £12