Global markets roundup, 27 June

• FTSE 100 up two points to 6,735

• Gold up 0.2% to $1,316.58/oz

• £/$ – 1.7027

The FTSE 100 steadied yesterday after Wednesday’s big falls. The index closed up two points  at 6,735.

London Stock Exchange Group was the day’s top performer, rising 6.1%. Housebuilders were also in demand, with Persimmon up 5% and Barratt 4.8% higher. Banks were the worst performers – Barclays slid 6.5%, Standard Chartered lost 4.3% and HSBC fell 1.2%.

In Europe, the Paris CAC 40 fell 21 points to 4,439, and the German Xetra Dax lost 63 points to 9,804.

In the US on Friday, the Dow Jones Industrial Average and the S&P 500 each fell 0.1% to 16,846 and 1,957 respectively, and the Nasdaq Composite was flat at 4,379.

Overnight in Japan, the Nikkei 225 fell 1.4% to 15,095 and the broader Topix lost 0.8% to 1,253. And in China, the Shanghai Composite slipped 0.1% to 2,036, and the CSI 300 added 0.1% to 2,150.

Brent spot was trading at $113.13 early today, and in New York, crude oil was at $105.74. Spot gold was trading at $1,317 an ounce, silver was at $20.99 and platinum was at $1,470.

In the forex markets this morning, sterling was trading against the US dollar at 1.7025 and against the euro at 1.2502. The dollar was trading at 0.7343 against the euro and 101.43 against the Japanese yen.

And in the UK, consumers are at their most optimistic for nine years, according to the latest GfK Consumer Confidence Survey. The index rose to +1 in June, its highest since March 2005.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
The hunt for water

The most valuable commodity

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Robert Shiller: why one of the world's smartest economists is worried about the bond market

Merryn Somerset Webb talks to Yale professor and Nobel Prize winner Robert Shiller about how the power of 'stories' drives the global economy and creates financial bubbles.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


3 March 1938: Saudi Arabia strikes oil


On this day in 1938, the 'Dammam no. 7' well in Saudi Arabia struck oil, kicking off the exploitation of the world's biggest oil reserves.