Global markets roundup, 23 July

• FTSE 100 up 1% to 6,795
• Gold down 0.47% to $1,306.43/oz
• £/$ – 1.7065

The FTSE 100 bounced back yesterday, climbing 1% to close at 6,795.

ARM Holdings was the day’s top performer, up 5.7% after posting a healthy set of results. Housebuilders were also in demand, Persimmon added 4.5% and Barratt was 4% higher.

In Europe, the Paris CAC 40 rose 65 points to 4,369, and the German Xetra Dax added 122 points to 9,734.

In the US on Friday, the Dow Jones Industrial Average rose 0.4% to 17,113, the S&P 500 climbed 0.5% to 1,983, and the Nasdaq Composite added 0.7% to 4,456.

Overnight in Japan, the Nikkei 225 and the broader Topix index each slipped 0.1% to 15,328 and 1,272 respectively. And in China, the Shanghai Composite rose 0.1% to 2,078, and the CSI 300 was 0.2% higher at 2,197.

Brent spot was trading at $107.14 early today, and in New York, crude oil was at $101.97. Spot gold was trading at $1,307 an ounce, silver was at $20.87 and platinum was at $1,483.

In the forex markets this morning, sterling was trading against the US dollar at 1.7076 and against the euro at 1.2689. The dollar was trading at 0.7431 against the euro and 101.38 against the Japanese yen.

And today, government contractor Capita reported a big jump in profits. Half-year profits rose by 16% to £238m. Revenue rose 14% to £2.07bn

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