Goldman Sachs raised its 12-month target for the FTSE 100 to 11,400 from 11,000.

Baltic Dry Index (BDI) fell for a fourth session, down 95 points (3.2%) to 2,844 after touching its highest level since June 3 last Friday. Capesize index (BCI) dropped 243 points (5.2%) to 4,469; capesize daily earnings fell $2,212 to $37,025 — capesizes typically carry about 150,000 tonnes of iron ore and coal. Panamax index (BPI) slipped 40 points (1.7%) to 2,262; panamax daily earnings declined $355 to $20,361, ending a 10-session rally. Supramax index (BSI) rose 10 points (0.6%) to 1,613. Handysize index (BHSI) eased 2 points to 865.

Initial trades in the Shanghai Gold Exchange evening session on Aug 14 (Fri) showed gold T+D up 0.82% at 947.5 yuan/gram and silver T+D up 1.19% at 15,800 yuan/kg.