Global markets roundup, 2 July

• FTSE 100 up 0.9% to 6,802

• Gold down 0.07% to $1,326.39/oz

• £/$ – 1.7150

The FTSE 100 saw big gains yesterday, on positive economic data from China, the UK and the US. The index closed up 0.9% at 6,802.

Miners were the day’s top performers. Anglo American led the index up with a gain of 4%, Fresnillo and Rio Tinto added 3%, and BHP Billiton was 2.9% higher.

In Europe, the Paris CAC 40 rose 39 points to 4,461, and the German Xetra Dax added 69 points to 9,902.

In the US yesterday, the Dow Jones Industrial Average rose 0.8% to 16,956, the S&P 500 added 0.7% to 1,973, and the Nasdaq Composite was 1.1% higher at 4,458.

Overnight in Japan, the Nikkei 225 rose 0.3% to 15,369, and the broader Topix gained 0.4% to 1,280. And in China, the Shanghai Composite added 0.5% to 2,059, and the CSI 300 was 0.3% higher at 2,170.

Brent spot was trading at $112.28 early today, and in New York, crude oil was at $105.46. Spot gold was trading at $1,325 an ounce, silver was at $20.95 and platinum was at $1,502.

In the forex markets this morning, sterling was trading against the US dollar at 1.7149 and against the euro at 1.2543. The dollar was trading at 0.7314 against the euro and 101.47 against the Japanese yen.

And in the UK, house prices rose by 1% in June, according to the latest figures from the Nationwide, and are 11.8% higher than a year ago. The average price of a house now stands at £188,903. But in London, prices rose by 25.8% in the last year, putting the average home in the capital at over £400,004, 30% higher than the 2007 peak.

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

Comment on this article

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.