Investment Market Update
Asian stocks gained after US jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month.
US shares ended Friday slightly ahead, thanks to much better-than-expected jobs data mitigating losses due to investor fears over the impact of retaliatory tariffs being imposed by other countries on US exports.
UK shares have closed flat, thanks to easing investor worries over Italy as new Prime Minister Giuseppe Conte was sworn on Friday and a boost in financial and mining stocks.
- President Donald Trump is headed for a showdown with America’s allies at a Group of Seven summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminum levies.
- Brexit is back this week as lawmakers return from their recess. UK Prime Minister Theresa May has some important decisions to make on what kind of future customs relationship she will formally pitch to the European Union ahead of a key summit at the end of the month.
|FTSE All Share||4,237.55||0.4%||0.4%||9.0%|
|FTSE Small Cap||5,940.14||0.3%||0.5%||14.9%|
|St. James's Place||1,196.00||0.3%||-2.4%||20.9%|
|Euro Stoxx 600||386.91||1.0%||-0.6%||7.7%|
|Dow Jones Ind||24,635.21||0.9%||-0.3%||25.1%|
|MSCI AC Asia Pacific||172.13||0.0%||-1.0%||28.7%|
|MSCI World (Developed)||2,109.19||0.8%||0.3%||20.1%|
|MSCI AC World (Dev & Em)||512.77||0.8%||-0.1%||21.6%|
|MSCI Emerging Markets||1,130.22||0.8%||-2.4%||34.2%|
|MSCI AC World Value||215.67||0.7%||-3.7%||15.2%|
|MSCI AC World Growth||286.66||0.9%||3.6%||28.3%|
|FTSE Gilts All Stocks||3,602.13||-0.6%||0.4%||3.0%|
|FTSE Index Linked All Stocks||638.05||-1.0%||-1.5%||2.3%|
|ML Sterling Corporate Bonds||394.75||-0.2%||-1.5%||5.7%|
|ML Global High Yield Bonds||372.30||0.0%||-1.4%||9.7%|
|Brent Crude Oil||76.79||-1.0%||17.9%||14.5%|
|Consumer Goods and Services||20,140.97||-0.5%||-9.9%||13.6%|
|Oil & Gas||9,775.56||0.4%||7.9%||6.0%|
|$ per £||1.33||-0.4%||-1.6%||9.5%|
|€ per £||1.14||-0.5%||1.2%||-4.0%|
|¥ per £||144.55||-1.1%||-5.0%||5.3%|
|VIX Index (Volatility)||13.46||-12.8%||21.9%||-21.4%|
|Baltic Dry Index||1,156.00||6.1%||-15.4%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.61%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||13.19|
|FTSE All Share Adj P/E||13.60|
|FTSE All Share Yld||3.95%|
|15yr Gilt Yield||1.58%|
|10yr Gilt Yield||1.28%|
|10yr US Tres Yield||2.90%|
Market prices will reflect the last closing prices with the exception of the Asian markets which may be still trading at the time the data is obtained. The data for these markets is therefore a snapshot of live trading data obtained between 06.45 and 07.15 GMT. Growth is shown cumulative and is not annualised. A positive currency movement indicates the £ appreciating against the other currency. Performance data does not account for the re-investment of dividends. This information has been reproduced by kind permission of Bloomberg and does not necessarily reflect the opinions of St. James's Place Wealth Management. St. James's Place considers the information to be reliable but it is not intended to provide a sufficient basis on which to make an investment decision.
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