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.


Claim 12 issues of MoneyWeek (plus much more) for just £12!

Let MoneyWeek show you how to profit, whatever the outcome of the upcoming general election.

Start your no-obligation trial today and get up to speed on:

  • The latest shifts in the economy…
  • The ongoing Brexit negotiations…
  • The new tax rules…
  • Trump’s protectionist policies…

Plus lots more.

We’ll show you what it all means for your money.

Plus, the moment you begin your trial, we’ll rush you over THREE free investment reports:

‘How to escape the most hated tax in Britain’: Inheritance tax hits many unsuspecting families. Our report tells how to pass on up to £2m of your money to your family without the taxman getting a look in.

‘How to profit from a Trump presidency’: The election of Donald Trump was a watershed moment for the US economy. This report details the sectors our analysts think will boom from Trump’s premiership, and gives specific investments you can buy to profit.

‘Best shares to watch in 2017’: Includes the transcript from our roundtable panel of investment professionals – and 12 tips they’re currently tipping. The report also analyses key assets, including property, oil and the countries whose stock markets currently offer the most value.