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.

Merryn

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