Global markets roundup, 3 January

• FTSE 100 down 0.5% to 6,717

• Gold up 1.96% to $1,224.40/oz

• £/$ – 1.6453

The FTSE 100 fell back yesterday after disappointing manufacturing data from the UK, China and the US. The index closed down 0.5% at 6,717.

Software group Sage was the day’s worst performer, slipping 2.4%. At the other end of the table, precious metals miners tracked the price of gold up. Randgold was the day’s highest climber, rising 3.8%, while Fresnillo added 1.3%.

In Europe, the Paris CAC 40 fell 68 points to 4,277, and the German Xetra Dax fell 152 points to 9,400.

In the US, the Dow Jones Industrial Average lost 0.8% to 16,441, the S&P 500 fell 0.9% to 1,831, and the Nasdaq Composite was 0.8% lower at 4,143.

In Asia, Japan’s markets were closed for a public holiday. And in China, the Shanghai Composite fell 1.2% to 2,180, and the CSI 300 slipped 1.3% to 2,290.

Brent spot was trading at $108.15 early today, and in New York, crude oil was at $95.43. Spot gold was trading at $1,233 an ounce, silver was at $20.10 and platinum was at $1,403.

In the forex markets this morning, sterling was trading against the US dollar at 1.6445 and against the euro at 1.2056. The dollar was trading at 0.7331 against the euro and 104.32 against the Japanese yen.

And in the UK, house prices rose by 1.4% in December, according to the latest figures from the Nationwide. It is the biggest monthly rise in four years. Year on year, prices rose by 8.4%

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

ScreenHunter_01 Mar. 25 09.51

New to MoneyWeek?

Ed Bowsher Editor Money Week

Welcome, and thank you for visiting us.

Here at MoneyWeek, our aim is simple. To give you intelligent and enjoyable commentary on the most important financial stories of the week, and tell you how to profit from them.

If you've enjoyed what you've read so far, I've got something you'll definitely be interested in.

Every working day the MoneyWeek team sends out a hard-hitting email, 'Money Morning', giving you a rundown of the latest financial events, and revealing what you should do to maximise profits and head off losses…

And with your permission, I'd like to send you Money Morning for FREE.

To sign-up enter your email address below.

We hope you enjoy your stay on the site. Good luck with your investments!

Ed Bowsher,
Digital Managing Editor, MoneyWeek

(No thanks)

Because these emails are completely free, we do have to fund them with advertising. Occasionally we will send you promotional emails, however we will never give, sell or rent your email address to any other companies.For more information, please see our Privacy policy.

Comment on this article

MoneyWeek magazine

Latest issue:

Magazine cover
Walking out on the banks

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 3 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

The problem with the Bank of England

Fracking: Nine reasons not to get carried away

Five small-cap stocks worth a flutter

This Dutch company could help us tame floods

ScreenHunter_01 Mar. 25 09.51

Get the latest tips and investment opportunities from MoneyWeek magazine: Claim 3 FREE Issues HERE