Global markets roundup, 3 June

• FTSE 100 up 0.3% to 6,864

• Gold down 0.46% to $1,243.96/oz

• £/$ – 1.6746

The FTSE 100 was back on the rise again yesterday, adding 0.3% to close at 6,864.

Top performers were Greek bottling company Coca Cola HBC, which added 3.4%, and Royal Mail, which was 2.7% higher. Miners were also in demand on the back of positive data from China, with Anglo American and Rio Tinto up 2.3% and 2.1% respectively.

In Europe, the Paris CAC 40 slipped four points to 4,515, and the German Xetra Dax added seven points to 9,950.

In the US, the Dow Jones Industrial Average rose 0.2% to 16,743, the S&P 500 added 0.1% to 1,924, and the Nasdaq Composite slipped 0.1% to 4,237.

Overnight in Japan, the Nikkei 225 and the broader Topix index each rose 0.7% to 15,034 and 1,228 respectively. And in China, the Shanghai Composite slipped one point to 2,038, and the CSI 300 was 0.3% lower at 2,149.

Brent spot was trading at $108.89 early today, and in New York, crude oil was at $102.57. Spot gold was trading at $1,246 an ounce, silver was at $18.85 and platinum was at $1,435.

In the forex markets this morning, sterling was trading against the US dollar at 1.6756 and against the euro at 1.2317. The dollar was trading at 0.7350 against the euro and 102.32 against the Japanese yen.

And in the UK, house price rises rose by 0.7% in May, down from 1.2% in April, according to the latest data from Nationwide. Year on year, prices are up by 11.1%, with the average UK property now standing at £186,512.

Merryn

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