Global markets roundup, 25 July

• FTSE 100 up 0.3%  to 6,821
• Gold down 0.84% to $1,293.73/oz
• £/$ – 1.6986

The FTSE 100 ended the day in the black yesterday, adding 0.3% to close at 6,821.

Publishing company Reed Elsevier was the day’s top performer, up 4.4%. Banks had a good day too. HSBC rose 2.3%, Barclays added 1.7% and RBS was 1.6% higher.

In Europe, the Paris CAC 40 rose 34 points to 4,410, and the German Xetra Dax added 41 points to 9,794.

In the US on Friday, the Dow Jones Industrial Average slipped three points to 17,083, the S&P 500 was flat at 1,987, and the Nasdaq Composite was one point lower at 4,472.

Overnight in Japan, the Nikkei 225 rose 1.1% to 15,457, and the broader Topix index gained 0.9% to 1,281. And in China, the Shanghai Composite and the CSI 300 each rose 1% to 2,126 and 2,260 respectively.

Brent spot was trading at $107.15 early today, and in New York, crude oil was at $101.98. Spot gold was trading at $1,293 an ounce, silver was at $20.37 and platinum was at $1,470.

In the forex markets this morning, sterling was trading against the US dollar at 1.6977 and against the euro at 1.2606. The dollar was trading at 0.7425 against the euro and 101.87 against the Japanese yen.

And today, RBS announced its biggest profits since it was bailed out by taxpayers. The bank made £2.65bn in the first half of 2014, up 92% on the same period in the previous year.

Merryn

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