Investment Market Update
Asian stocks traded mixed Tuesday as investors awaited details of a possible Sino-American trade deal and digested tax cuts in China.
US shares retreated as investors sought details of a possible trade deal between the White House and China, with financial and health-care shares pacing declines, after the benchmark gauge again failed to hold gains that took it past the 2,800 level.
UK shares ended Monday trading 0.36% higher at 7,132.16. The broader 250 index, however, closed marginally lower by 0.03% at 19,393.97. The rise is in part thanks to Barclays painting a better outlook for the online property marketing firm.
- UK Prime Minister Theresa May will face her divided cabinet today as the attorney general and Brexit secretary travel to Brussels to seek concessions from the European Union to help win Parliament’s backing for her divorce deal.
- President Donald Trump has announced he plans to end key trade preferences for India and Turkey, in the latest move by the US to counter what it calls unfair trade practices.
|FTSE All Share||3,923.73||0.3%||6.8%||-13.0%|
|FTSE Small Cap||5,465.88||0.0%||5.6%||-12.4%|
|St. James's Place||1,005.00||0.9%||6.5%||-23.0%|
|Euro Stoxx 600||375.09||0.2%||11.1%||-13.2%|
|Dow Jones Ind||25,819.65||-0.8%||10.7%||-5.6%|
|MSCI AC Asia Pacific||159.82||0.5%||8.9%||-15.6%|
|MSCI World (Developed)||2,090.40||-0.3%||11.0%||-10.4%|
|MSCI AC World (Dev & Em)||504.60||-0.2%||10.7%||-11.2%|
|MSCI Emerging Markets||1,053.62||0.2%||9.1%||-16.6%|
|MSCI AC World Value||212.47||-0.3%||9.3%||-13.2%|
|MSCI AC World Growth||281.92||-0.2%||12.2%||-9.2%|
|FTSE Gilts All Stocks||3,631.55||0.3%||0.6%||0.8%|
|FTSE Index Linked All Stocks||649.31||0.8%||1.1%||-1.2%|
|ML Sterling Corporate Bonds||402.16||0.3%||2.7%||-2.4%|
|ML Global High Yield Bonds||385.58||-0.1%||5.7%||-3.7%|
|Brent Crude Oil||65.67||0.9%||20.9%||-14.9%|
|Consumer Goods and Services||18,778.25||0.6%||7.6%||-21.0%|
|Oil & Gas||8,811.84||0.3%||4.1%||-7.4%|
|$ per £||1.32||0.2%||3.6%||-6.2%|
|€ per £||1.16||-0.1%||4.4%||-1.3%|
|¥ per £||147.72||0.3%||5.7%||-8.3%|
|VIX Index (Volatility)||14.63||7.8%||-42.4%||160.2%|
|Baltic Dry Index||669.00||0.8%||-47.4%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.85%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||14.59|
|FTSE All Share Adj P/E||14.65|
|FTSE All Share Yld||4.51%|
|15yr Gilt Yield||1.58%|
|10yr Gilt Yield||1.27%|
|10yr US Tres Yield||2.72%|
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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Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.