Global markets roundup, 17 January

• FTSE 100 down 0.1% at 6,815

• Gold up 0.04% to $1,242.39/oz

• £/$ – 1.6354

The FTSE 100 paused yesterday, closing down 0.1% at 6,815.

Product testing group Intertek was the day’s biggest faller with a 3.4% drop. But miners were in demand. Antofagasta topped the index with a 5.4% rise, while Fresnillo, Anglo American, BHP Billiton and Randgold added between 5.2% and 2.7%.

In Europe yesterday, the Paris CAC 40 fell 13 points to 4,319, and the German Xetra Dax slipped 16 points to 9,717.

In the US, the Dow Jones Industrial Average fell 0.4% to 16,417, the S&P 500 lost 0.1% to 1,845, and the Nasdaq Composite was 0.1% higher at 4,218.

In Asia, the Nikkei 225 slipped 0.1% to 15,734, and the broader Topix index rose 0.2% to 1,297. And in China, the Shanghai Composite lost 0.9% to2,004, and the CSI 300 slid 1.5% to 2,178.

Brent spot was trading at $105.96 early today, and in New York, crude oil was at $94.38. Spot gold was trading at $1,240 an ounce, silver was at $19.98 and platinum was at $1,432.

In the forex markets this morning, sterling was trading against the US dollar at 1.6322 and against the euro at 1.2002. The dollar was trading at 0.7353 against the euro and 104.34 against the Japanese yen.

And today, oil giant Royal Dutch Shell has issued a profits warning. Fourth-quarter results are likely to be “significantly lower” than expectations, the company said. Earnings are now forecast to be $2.9bn (£1.8bn) – analysts had expected $4bn.

 

Merryn

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