Global markets roundup, 2 June

• FTSE 100 down 0.4% to 6,844

• Gold down 0.47% to $1,249.73/oz

• £/$ – 1.6755

The FTSE 100 ended the week on a low note on Friday, slipping 0.4% to close at 6,844.

Miners were the main drag on the index as metals prices fell. Anglo American was the day’s worst performer, down 5.7%, while Rio Tinto, BHP Billiton and Fresnillo lost between 4.1% and 3.5%.

In Europe, the Paris CAC 40 fell 21 points to 4,519, and the German Xetra Dax added five points to 9,943.

In the US, the Dow Jones Industrial Average rose 0.1% to 16,717, the S&P 500 added 0.2% to 1,923, and the Nasdaq Composite slipped 0.1% to 4,242.

Overnight in Japan, the Nikkei 225 rose 2.1% to 14,935 and the broader Topix gained 1.6% to 1,220. China’s markets were closed for a public holiday

Brent spot was trading at $109.81 early today, and in New York, crude oil was at $103.21. Spot gold was trading at $1,245 an ounce, silver was at $18.72 and platinum was at $1,440.

In the forex markets this morning, sterling was trading against the US dollar at 1.6752 and against the euro at 1.2306. The dollar was trading at 0.7346 against the euro and 101.99 against the Japanese yen.

And in the UK, GlaxoSmithKline has agreed a seven-year, £200m deal to develop cancer drugs with British biotech company Adaptimmune, according to the Financial Times. GSK recently sold its cancer drugs arm to Novartis for £9.5bn.

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