25th August 2011
The Guardian's live Markets Forces blog notes that shares in London rallied for a third day following a strong report on US durable goods orders.
The FTSE 100 index was last up 0.44% at 5,229 with The Financial Times (paywall) reporting that premium drinks company Diageo made the strongest rise on the index after its annual earnings beat forecasts. Operating profit rose 5 per cent to £2.8bn, with earnings per share up 16 per cent to 83.6p.
Trading in gold was lower as traders awaited tomorrow's policy speech by Ben Bernanke, Federal Reserve chairman
Sign up for our free email newsletter here , for your chance to win an iPad 2.