Global markets roundup, 4 April

• FTSE 100 down 0.2% to 6,649

• Gold down 0.24% to $1,286.77/oz

• £/$ – 1.6598

The FTSE 100 fell back yesterday, closing down 0.2% at 6,649.

British Sky Broadcasting was the day’s biggest faller, down 2.9% after analysts cut their target price for it shares. Other big fallers included Royal Mail, which shed 2.1%, and Severn Trent, which lost 2%.

In Europe yesterday, the Paris CAC 40 rose 19 points to 4,449 and the German Xetra Dax gained five points to 9,628.

In the US, the Dow Jones Industrial Average was unchanged at 16,572, the S&P 500 slipped 0.1% to 1,888, and the Nasdaq Composite was 0.9% lower at 4,237.

Overnight in Japan, the Nikkei 225 and the broader Topix each slipped 0.1% to 15,063 and 1,215 respectively. And in China, the Shanghai Composite rose 0.7% to 2,058, and the CSI 300 added 1% to 2,185.

Brent spot was trading at $106.39 early today, and in New York, crude oil was at $100.71. Spot gold was trading at $1,289 an ounce, silver was at $19.93 and platinum was at $1,432.

In the forex markets this morning, sterling was trading against the US dollar at 1.6587 and against the euro at 1.2108. The dollar was trading at 0.7299 against the euro and 103.87 against the Japanese yen.

And in the UK, house prices fell 1.1% in March, according to the latest figures from the Halifax. However, prices are 8.7% higher than the same quarter last year.

Merryn

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