Investment Market Update
Asian stocks were mostly lower, as optimism about progress in trade talks between the US and China started wearing off.
US stocks fell for a third consecutive session, closing at their lowest level in three weeks as analysts looked ahead to Friday’s jobs report and sought an update on global trade policy.
UK stocks ended broadly higher, as gains from tobacco stocks and a weaker pound extended the FTSE 100's winning streak to four straight sessions.
- A deal confirmed between the UK government and the wind industry will ensure 30% of electricity comes from offshore wind by 2030. The move will help the UK towards an aim of securing almost all its power from low-carbon sources by 2030.
- Huawei has filed a lawsuit against the US government over a ban that restricts federal agencies from using its products. It said the US failed to provide evidence to support the ban, and the firm also rejected claims it had links to the Chinese government.
|FTSE All Share||3,949.65||0.1%||7.5%||-13.0%|
|FTSE Small Cap||5,479.17||-0.1%||5.8%||-12.4%|
|St. James's Place||1,020.00||1.0%||8.1%||-23.0%|
|Euro Stoxx 600||375.48||0.0%||11.2%||-13.2%|
|Dow Jones Ind||25,673.46||-0.5%||10.1%||-5.6%|
|MSCI AC Asia Pacific||159.54||0.0%||8.7%||-15.6%|
|MSCI World (Developed)||2,078.69||-0.4%||10.3%||-10.4%|
|MSCI AC World (Dev & Em)||502.22||-0.4%||10.2%||-11.2%|
|MSCI Emerging Markets||1,055.68||0.1%||9.3%||-16.6%|
|MSCI AC World Value||211.35||-0.3%||8.7%||-13.2%|
|MSCI AC World Growth||280.74||-0.4%||11.7%||-9.2%|
|FTSE Gilts All Stocks||3,656.87||0.7%||1.3%||0.8%|
|FTSE Index Linked All Stocks||659.91||1.6%||2.7%||-1.2%|
|ML Sterling Corporate Bonds||403.68||0.4%||3.1%||-2.4%|
|ML Global High Yield Bonds||385.26||0.0%||5.6%||-3.7%|
|Brent Crude Oil||65.99||0.2%||21.5%||-14.9%|
|Consumer Goods and Services||19,174.81||1.1%||9.9%||-21.0%|
|Oil & Gas||8,874.34||0.0%||4.8%||-7.4%|
|$ per £||1.32||-0.1%||3.2%||-6.2%|
|€ per £||1.16||0.0%||4.6%||-1.3%|
|¥ per £||147.20||0.1%||5.3%||-8.3%|
|VIX Index (Volatility)||15.74||6.8%||-38.1%||160.2%|
|Baltic Dry Index||664.00||0.2%||-47.8%||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||14.72|
|FTSE All Share Adj P/E||14.76|
|FTSE All Share Yld||4.50%|
|15yr Gilt Yield||1.52%|
|10yr Gilt Yield||1.23%|
|10yr US Tres Yield||2.69%|
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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