Global markets roundup, 22 July

• FTSE 100 down 0.3% to 6,728

• Gold up 0.11% to $1,312.55/oz

• £/$ – 1.7076

The FTSE 100 fell back yesterday, slipping 0.3% to close at 6,728.

Housebuilders were the worst performers – Barratt lost 2.6% and Persimmon fell 2.3% as property asking prices dipped. At the other end of the table, miners were in demand. Fresnillo added 1.6%, while Antofagasta gained 1.2% and Randgold was 0.8% higher.

In Europe, the Paris CAC 40 lost 31 points to 4,304 and the German Xetra Dax fell 108 points to 9,612.

In the US on Friday, the Dow Jones Industrial Average slipped 0.3% to 17,051, while the S&P 500 and the Nasdaq Composite each fell 0.2% to 1,973 and 4,424 respectively.

Overnight in Japan, the Nikkei 225 and the broader Topix index each rose 0.8% to 15,343 and 1,273 respectively. And in China, the Shanghai Composite added 1% to 2,075, and the CSI 300 was 1.2% higher at 2,192.

Brent spot was trading at $107.86 early today, and in New York, crude oil was at $105.02. Spot gold was trading at $1,305 an ounce, silver was at $20.80 and platinum was at $1,479.

In the forex markets this morning, sterling was trading against the US dollar at 1.7068 and against the euro at 1.2636. The dollar was trading at 0.7403 against the euro and 101.49 against the Japanese yen.

And today, Premier Foods reported a 2.1% rise in profits in the first half of the year. The owner of the Mr Kipling, Sharwoods and Bisto brands made a trading profit of £48.1m in the six months to 30 June. Sales fell by 6.1% to £364.4m, however.

Merryn

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