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Wednesday,31 March 2021 at 16:12
UK and European stocks traded mixed, reflecting sentiment in Asia-Pacific and U.S. markets.
The dollar was higher as investors bet that fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery.
Oil prices fell after OPEC and its allies lowered their 2021 demand growth forecast, although strong Chinese factory activities lent some support.
Gold moved higher but was on track for its biggest quarterly decline in more than four years.
In corporate news, Russian gold miner Petropavlovsk said it expected total 2021 gold production of 430-470,000 ounces (koz).
At the close
FTSE 100 6,713 (-0.86%)
FTSE 250 21,518 (-0.26%)
DAX 15,008 (-0.01%)
Dow Jones 33,087 +0.06%
S&P 500 3,964 +0.66%
NASDAQ 13,257 +1.62%
UK 10-YR YIELD 0.847
Gold $1,706 +1.40%
Brent $64.14 +0.28%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.