- FTSE 100 up 1.8% to 6,194
- Gold down 0.76% to $1,125.47
- £/$ – 1.5258
The FTSE 100 saw a healthy bounce yesterday, rising 1.8% to close at 6,194.
Commodity stocks were among the main drivers. Glencore topped the index with a 6.6% rise, Anglo American gained 6%, and BHP Billiton was 4.3% higher.
In Europe’s markets yesterday, the Paris CAC 40 rose 2.2% to 4,653, and the German Xetra Dax was 2.7% higher at 10,317.
In the US, the Dow Jones Industrial Average rose 0.1% to 16,674, the S&P 500 added 0.1% to 1,951, and the Nasdaq Composite slipped 0.4% to 4,733.
Overnight in Japan, the Nikkei 225 fell 2.2% to 17,792, and the broader Topix index lost 2.1% to 1,444. China’s markets remained closed for a public holiday.
Brent spot was trading at $49.90 early today, and in New York, crude oil was at $46.04. Spot gold was trading at $1,125 an ounce, silver was at $14.81 and platinum was at $1,004.
In the forex markets this morning, sterling was trading against the US dollar at 1.5226 and against the euro at 1.3667. The dollar was trading at 0.8976 against the euro and 119.30 against the Japanese yen.
And in the UK, high-street retail sales fell slid by 4.3% in August compared with the same month in 2014, the worst monthly performance since November 2008. The pace of growth in online sales slowed to 11.4%, down from 14.6% in July – the lowest rate of growth in eight years.