Financial Indicators: Data from FTSE100, as well as oil prices and gold prices.Jump to full report >>
The FTSE-100 tracks the share-prices of the 100 largest companies listed on the London Stock Exchange. Despite some turbulence following the EU Referendum result, the index hit a series of highs from October 2016 and closed at twelve successive record highs between December 2016 and January 2017. This is the index’s longest run of successive all-time peaks since its inception in 1984. The index closed at another record high (7,429.81) on 20 March 2017.
The price of Brent crude oil reached an all-time high above $145/barrel in July 2008. In January 2016, the price fell below $30/barrel for the first time since February 2004. The price has since climbed, remaining in the region of around $50/barrel since August 2016. On 28 December 2016, it closed at its highest level since July 2015, after Opec agreed to its first supply cut in eight years.
The nominal price of gold exceeded $1,800/ounce for the first time in August 2011, but the metal's price has since moderated considerably. In December 2015, it fell to its lowest level in six years, though in August 2016, gold hit its highest level since March 2014. It is unchanged on the month and unchanged on the year to 23 March.
Commons Briefing papers SN05207
Author: Matthew Ward
Topic: Economic situation