Global markets roundup, 3 February

• FTSE 100 down 0.4% to 6,510

• Gold up 0.05% to $1,244.55/oz

• £/$ – 1.6439

The FTSE 100 saw further falls on Friday closing down 0.4% at 6,510.  For January as a whole, the index fell 3.5%.

Greek drinks bottler Coca Cola HBC was Friday’s biggest faller, losing 3.2%. While at the other end of the table, BT Group saw the day’s biggest gains with a 3.3% rise.

In Europe on Friday, the Paris CAC 40 fell 15 points to 4,165, and the German Xetra Dax lost 67 points to 9,306.

In the US, the Dow Jones Industrial Average slid 0.9% to 15,698, the S&P 500 lost 0.7% to 1,782, and the Nasdaq Composite was 0.5% higher at 4,103.

In Asia, the Nikkei 225 and the broader Topix index each fell 2% to 14,619 and 1,196 respectively. China’s markets remained closed for a public holiday.

Brent spot was trading at $106.40 early today, and in New York, crude oil was at $97.24. Spot gold was trading at $1,242 an ounce, silver was at $19.05 and platinum was at $1,383.

In the forex markets this morning, sterling was trading against the US dollar at 1.6397 and against the euro at 1.2152. The dollar was trading at 0.7411 against the euro and 102.14 against the Japanese yen.

And today, Irish airline Ryanair announced a loss of €35m in the third quarter, its worst performance since 2008. Passenger numbers increased by 6% compared with the same period last year, but fares were 9% lower.

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

MoneyWeek magazine

Latest issue:

Magazine cover
Heading higher?

Or are house prices set to fall?

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

Russell Napier: deflation is coming – hold on to your cash

Financial historian Russell Napier talks to Merryn Somerset Webb about the next deflationary bust – why it's coming, what it means for you, and how you can survive it.


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.


27 November 1924: Macy's first Thanksgiving Day parade

On this day in 1924, New York department store Macy's held its first Thanksgiving Day parade. It would soon become a city institution, kicking off the run-up to Christmas.