At the time of writing (3.50pm) there were reports oil cartel OPEC had agreed a new production cut extension though there was little detail on a Russian response. Earlier Brent crude was up +0.5% and WTI crude also up +0.5%.
Today the pound rallied, re-crossing the $1.35 threshold as more Brexit hope seeped through markets. The euro dipped -0.36% against the pound to 0.8805. The US dollar was under pressure from more White House political instability with news that Donald Trump may want a replacement for State Secretary Rex Tillerson.
Elsewhere US stocks continued to climb with the Dow Jones punching past 24,000 as a Senate tax code vote looms. The Dow is now more than 525 points higher tfhan it was earlier this week.
The FTSE 100 closed tonight down more than 66 points at 7,326.6 with Astra Zeneca and British American Tobacco down -2.5% and -2.3%. Mediclinic Int and BT Group were up +4.7% and +2.1% up respectively.
- UK FTSE 100 7,326.6 -0.90%
- Dow 24,062.31 +0.50%
- S&P 500 2,635.77 +0.37%
- Nasdaq 6,861.08 +0.55%
- Nikkei 225 22,724.96 +0.57%
- DAX 13,077 +0.12%
- CAC 40 5,395.32 -0.05%
- Gold 1,283.20 -0.23%
- Oil WTI 57.29 -0.02%
Which? targets snooping case against Google
Does Google owe you £500? A campaign called Google You Owe Us has been launched by Which? Director Richard Lloyd. Lloyd is representing more than 5m people in the UK who may have had personal data snatched from their iPhones by Google between June 2011 and February 2012.
Potential compensation figures bandied around vary widely, some suggesting as much as £500. "Through this action, we will send a strong message to Google and other tech giants in Silicon Valley that we’re not afraid to fight back if our laws are broken," says Lloyd.