Investment Market Update
Asian stocks saw another muted session Wednesday, with trading becalmed by Lunar New Year holidays.
US stocks rose for a fifth day in muted trading as gains in technology shares outweighed a slump in financials sparked by falling Treasury yields.
UK stocks have rose into a near-three month high, as a dramatic drop in the pound helped drive UK stocks higher amid a global surge in equity prices.
- US President Donald Trump has vowed to end what he described as China's "theft" of American jobs. Giving his second State of the Union address, Mr Trump told the US Congress a trade deal with China would require "structural changes to end unfair trade practices". The speech comes ahead of last-minute talks between the two countries aimed at reaching a deal on trade.
- Angela Ahrendts, the former high fashion boss of Burberry brought in to revitalise Apple's retail stores, is stepping down after five years. Apple said Ms Ahrendts will leave the company in April "for new personal and professional pursuits".
|FTSE All Share||3,928.14||1.8%||6.9%||-13.0%|
|FTSE Small Cap||5,419.09||0.4%||4.7%||-12.4%|
|St. James's Place||955.20||0.9%||1.2%||-23.0%|
|Euro Stoxx 600||364.99||1.4%||8.1%||-13.2%|
|Dow Jones Ind||25,411.52||0.7%||8.9%||-5.6%|
|MSCI AC Asia Pacific||157.04||0.5%||7.0%||-15.6%|
|MSCI World (Developed)||2,051.36||0.7%||8.9%||-10.4%|
|MSCI AC World (Dev & Em)||496.18||0.6%||8.9%||-11.2%|
|MSCI Emerging Markets||1,051.90||0.4%||8.9%||-16.6%|
|MSCI AC World Value||209.59||0.4%||7.8%||-13.2%|
|MSCI AC World Growth||276.34||0.8%||10.0%||-9.2%|
|FTSE Gilts All Stocks||3,648.83||0.6%||1.1%||0.8%|
|FTSE Index Linked All Stocks||650.19||0.4%||1.2%||-1.2%|
|ML Sterling Corporate Bonds||400.39||0.4%||2.2%||-2.4%|
|ML Global High Yield Bonds||381.39||0.3%||4.5%||-3.7%|
|Brent Crude Oil||61.98||-0.8%||14.7%||-14.9%|
|Consumer Goods and Services||18,738.20||2.0%||7.4%||-21.0%|
|Oil & Gas||9,135.14||3.1%||7.9%||-7.4%|
|$ per £||1.30||0.8%||2.3%||-6.2%|
|€ per £||1.14||0.6%||2.5%||-1.3%|
|¥ per £||143.37||0.7%||2.6%||-19.7%|
|VIX Index (Volatility)||15.57||-1.0%||-38.7%||160.2%|
|Baltic Dry Index||629.00||-0.8%||-50.5%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.92%|
|Consumer Price Index||2.10%|
|Retail Price Index||2.70%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.70|
|FTSE All Share Adj P/E||11.93|
|FTSE All Share Yld||4.57%|
|15yr Gilt Yield||1.44%|
|10yr Gilt Yield||1.23%|
|10yr US Tres Yield||2.70%|
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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