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%

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