- FTSE 100 down 0.5% to 6,693
- Gold up 0.14% to $1,353.15/oz
- £/$ 1.3179
Housebuilders were the day's biggest fallers. Taylor Wimpey led the index down with a 4.55 fall, while Berkeley lost 4%, Barratt fell 3.1% and Persimmon was 2.8% lower.
The FTSE 250 fell 0.8% to 17,139, and the FTSE All-Share index lost 0.5% to 3,635.
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In Europe, the Paris CAC 40 fell 0.7% to 4,409 and the German Xetra Dax slipped 0.1% to 10,330.
In the US, the Dow Jones Industrial Average fell 0.2% to 18,404, the S&P 500 lost 0.1% to 2,170, and the Nasdaq Composite rose 0.4% to 5,184.
Overnight in Japan, the Nikkei 225 fell 1.5% to 16,391 and the broader Topix index lost 1.6% to 1,300. And in China, the CSI 300 rose 0.4% to 3,189 and the Shanghai Composite was 0.6% higher at 2,971.
In the forex markets this morning, sterling was trading against the US dollar at 1.3214 and against the euro at 1.1795. The dollar was trading at 0.8926 against the euro and 101.91 against the Japanese yen.
And today, precious metals miner Fresnillo reported a rise in profits for the second half of the year. Earnings before interest, tax, depreciation and amortisation in the six months to 30 June rose by 49% to $474m, up from $317.9m in the same period last year.
Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.
Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.
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