Global markets roundup, 4 June

• FTSE 100 down 0.4% to 6,836

• Gold up 0.08% to $1,244.97/oz

• £/$ – 1.6749

The FTSE 100 slipped back yesterday, down 0.4% to close at 6,836.

Monday’s top performer, Greek bottling company Coca Cola HBC, was the day’s biggest faller with a 2.7% slide. Miners suffered too, with Anglo American down 2.3% and Fresnillo 2.1% lower.

In Europe, the Paris CAC 40 lost 12 points to 4,503, and the German Xetra Dax fell 31 points to 9,919.

In the US, the Dow Jones Industrial Average and the Nasdaq Composite each slipped 0.1% to 16,722 and 4,234 respectively.

Overnight in Japan, the Nikkei 225 rose 0.2% to 15,067 and the broader Topix added 0.4% to 1,233. And in China, the Shanghai Composite fell 0.7% to 2,024, and the CSI 300 was 1% lower at 2,128.

Brent spot was trading at $108.91 early today, and in New York, crude oil was at $102.84. Spot gold was trading at $1,246 an ounce, silver was at $18.79 and platinum was at $1,422.

In the forex markets this morning, sterling was trading against the US dollar at 1.6714 and against the euro at 1.2278. The dollar was trading at 0.7346 against the euro and 102.65 against the Japanese yen.

And today, Tesco reported a big fall in sales in the last quarter. Like-for-like sales excluding fuel in the UK slid by 3.7%, a third straight quarterly fall. Its market share is down to 29%, according to figures from Kantar Worldpanel, down from 30.5% a year ago as it continues to be squeezed by Aldi and Lidl.

Merryn

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