Global markets roundup, 2 May

• FTSE 100 up 0.4% to 6,808

• Gold down 0.56% to $1,284.30/oz

• £/$ – 1.6893

The FTSE 100 had another positive day yesterday, climbing 0.4% to close at 6,808.

Lloyds Banking Group was the day’s top performer, up 5.5% after reporting an increase in profits. RBS was also in demand with a 2.6% rise.

European markets were closed for a public holiday.

In the US yesterday, the Dow Jones Industrial Average fell 0.1% to 16,558, the S&P 500 was unchanged at 1,883, and the Nasdaq Composite gained 0.3% to close at 4,127.

Overnight in Japan, the Nikkei 225 slipped 0.2% to 14,457, and the wider Topix index was flat at 1,182. China’s markets were closed for a public holiday.

Brent spot was trading at $107.94 early today, and in New York, crude oil was at $99.54. Spot gold was trading at $1,284 an ounce, silver was at $19.05 and platinum was at $1,420.

In the forex markets this morning, sterling was trading against the US dollar at 1.6890 and against the euro at 1.2192. The dollar was trading at 0.7218 against the euro and 102.47 against the Japanese yen.

And today, the Royal Bank of Scotland reported a big rise in profits in the first quarter. The bank reported a net profit of £1.2bn, up from £400m in the same period last year. Analysts had forecast a profit of £200m.

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