- FTSE 100 down 1% to 6,104
- Gold down 1.06% to $1,263.68/oz
- £/$ – 1.4451
The FTSE 100 fell back yesterday after the Bank of England cut its forecast for GDP growth. The index closed down 1% at 6,104.
In Europe, the Paris CAC 40 fell 0.5% to 4,293, and the German Xetra Dax lost 1.1% to 9,862.
In the US, the Dow Jones Industrial Average rose 0.1% to 17,720, the S&P 500 was flat at 2,064, and the Nasdaq Composite slipped 0.5% to 4,737.
Overnight in Japan, the Nikkei 225 fell 1.4% to 16,412, and the broader Topix index lost 1.3% to 1,320. And in China, the CSI 300 slipped 0.5% to 3,074, and the Shanghai Composite was 0.3% lower at 2,827.
Brent spot was trading at $47.77 early today, and in New York, crude oil was at $46.21. Spot gold was trading at $1,275 an ounce, silver was at $17.11 and platinum was at $1,054.
In the forex markets this morning, sterling was trading against the US dollar at 1.4412 and against the euro at 1.2708. The dollar was trading at 0.8817 against the euro and 108.82 against the Japanese yen.
And in the UK, Tesco chief executive Dave Lewis has been awarded a bonus of £2.9m, bringing his total pay to £4.6m. The supermarket reported a profit of £162m in the year to 27 February, compared with a loss of £6.4bn in the previous year.