Global markets roundup, 5 February

• FTSE 100 down 0.3% to 6,449

• Gold down 0.24% to $1,254.72/oz

• £/$ – 1.6325

The FTSE 100 carried on its downward trend yesterday, sliding another 0.3% to close at 6,449.

Chipmaker ARM Holdings was the day’s biggest faller, down 4.9% after a disappointing set of results. Precious metals miners were also out of favour. Randgold lost 3.1% and Fresnillo was 1.2% lower.

In Europe on Friday, the Paris CAC 40 rose ten points to 4,117, and the German Xetra Dax lost 59 points to 9,127.

In the US, the Dow Jones Industrial Average rose 0.5% to 15,445, the S&P 500 added 0.8% to 1,755, and the Nasdaq Composite was 0.9% higher at 4,031.

In Asia, the Nikkei 225 rose 1.3% to 14,180 and the broader Topix index gained 2.1% to 1,162. China’s markets remained closed for a public holiday.

Brent spot was trading at $106.11 early today, and in New York, crude oil was at $97.73. Spot gold was trading at $1,257 an ounce, silver was at $19.60 and platinum was at $1,381.

In the forex markets this morning, sterling was trading against the US dollar at 1.6316 and against the euro at 1.2065. The dollar was trading at 0.7394 against the euro and 101.31 against the Japanese yen.

And in the UK, shop prices are falling at their fastest rate in seven years, according to the latest figures from the British Retail Consortium. Prices fell by 1% in January, up from 0.8% in December, and the ninth month of falls in a row.

66% off newsstand price

12 issues (and much more) for just £12

That’s right. We’ll give you 12 issues of MoneyWeek magazine, complete access to our exclusive web articles, our latest wealth building reports and videos as well as our subscriber-only email… for just £12.

That’s just £1 per week for Britain’s best-selling financial magazine.

Click here to take advantage of our offer

Britain is leaving the European Union. Donald Trump is reducing America’s role in global markets. Both will have profound consequences for you as an investor.

MoneyWeek analyses the critical issues facing British investors on a weekly basis. And, unlike other publications, we provide you with the solutions to help you turn a situation to your financial advantage.

Take up our offer today, and we’ll send you three of our most important investment reports:

All three of these reports are yours when you take up our 12 issues for £12 offer today.

MoneyWeek has been advising private British investors on what to do with their money since 2000. Our calls over that period have enabled our readers to both make and save a great deal of money – hence our position as the UK’s most-trusted investment publication.

Click here to subscribe for just £12