FTSE100 jumps as miners enjoy surge in metals prices

GBP 30-y Bond Auction 3.55|1.7 3.29|2.0

Miners underpin modest FTSE100 gains at midday

CAD NHPI m/m 0.1% 0.3% 0.2%

USD Unemployment Claims 360K 342K 343K

USD Import Prices m/m -0.2% 0.1% -0.6%

Portugal president throws politics into disarray

LISBON | Thu Jul 11, 2013 3:55pm BST
(Reuters) - Portugal's president threw the bailed-out euro zone country into disarray on Thursday after rejecting a plan to heal a government rift, igniting what critics called a "time bomb" by calling for early elections next year.

President Anibal Cavaco Silva proposed a cross-party agreement between the ruling coalition and opposition Socialists to guarantee wide support for austerity measures needed for Portugal to exit its bailout next year, followed by elections.

FTSE100 ends day comfortably higher thanks to the miners