Investment Market Update
Asian stocks fell in Japan, Korea and Australia and fluctuated in China after media appearances with Trump administration officials shed little light on the specifics of how Sino-American trade negotiations will progress.
US stocks rallied after US President Donald Trump and China's President Xi Jinping agreed to a ceasefire in the trade war between the world's two largest economies during the G20 summit at the weekend.
UK stocks rallied as miners performed particularly well, with Anglo American, Antofagasta and Glencore all up around 6%.
- Theresa May’s attempt to sell her Brexit deal to skeptical lawmakers was in doubt before it had even began, as opposition parties were granted an emergency debate on whether her government is in contempt of Parliament for refusing to release legal advice about her deal.
- President Donald Trump left his top advisers struggling to explain a trade deal he claimed he’d struck with China to reduce tariffs on US cars exported to the country, an agreement that doesn’t exist on paper and hasn’t been confirmed in Beijing.
|FTSE All Share||3,863.09||1.0%||-8.5%||9.0%|
|FTSE Small Cap||5,409.50||0.5%||-8.5%||14.9%|
|St. James's Place||1,035.00||2.9%||-15.6%||20.9%|
|Euro Stoxx 600||361.18||1.0%||-7.2%||7.7%|
|Dow Jones Ind||25,826.43||1.1%||4.5%||25.1%|
|MSCI AC Asia Pacific||156.59||2.0%||-9.9%||28.7%|
|MSCI World (Developed)||2,066.62||1.2%||-1.8%||20.1%|
|MSCI AC World (Dev & Em)||497.48||1.3%||-3.0%||21.6%|
|MSCI Emerging Markets||1,016.87||2.2%||-12.2%||34.2%|
|MSCI AC World Value||211.96||1.0%||-5.4%||15.2%|
|MSCI AC World Growth||274.67||1.7%||-0.8%||28.3%|
|FTSE Gilts All Stocks||3,551.75||0.5%||-1.0%||3.0%|
|FTSE Index Linked All Stocks||636.27||1.5%||-1.8%||2.3%|
|ML Sterling Corporate Bonds||388.21||0.2%||-3.1%||5.7%|
|ML Global High Yield Bonds||370.61||0.5%||-1.8%||9.7%|
|Brent Crude Oil||61.69||3.8%||-2.0%||14.5%|
|Consumer Goods and Services||18,336.85||0.5%||-18.0%||13.6%|
|Oil & Gas||8,949.44||2.3%||-1.2%||6.0%|
|$ per £||1.27||0.1%||-5.7%||9.5%|
|€ per £||1.13||0.4%||0.1%||-4.0%|
|¥ per £||144.79||0.0%||-4.9%||5.3%|
|VIX Index (Volatility)||16.44||-9.0%||48.9%||-21.4%|
|Baltic Dry Index||1,203.00||-2.3%||-11.9%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.89%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.73|
|FTSE All Share Adj P/E||11.69|
|FTSE All Share Yld||4.49%|
|15yr Gilt Yield||1.57%|
|10yr Gilt Yield||1.31%|
|10yr US Tres Yield||2.97%|
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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