Investment Market Update
Asian stocks were mixed, as the Japan market drifted after Monday’s rally and China shares fluctuated after a five-day selloff.
US stocks swung between gains and losses, with key indexes hovering near all-time highs, as Emmanuel Macron won the French presidential election as expected and investors tuned in to speeches from Federal Reserve officials to gauge the prospects of monetary policy.
UK stocks closed little-changed as Emmanuel Macron's expected victory in the French presidential election failed to excite markets.
- Theresa May has vowed to end the "injustice" of rising energy costs by including a cap in the Conservative general election manifesto. The PM said the energy market "is not working", with vulnerable people worst hit by "rip-off" bills.
- South Koreans are voting in a presidential election, called early after a huge corruption scandal brought down their former leader.
|FTSE All Share||4,009.57||0.1%||3.5%||12.5%|
|FTSE Small Cap||5,560.34||0.1%||8.1%||11.0%|
|St. James's Place||1,163.00||-0.5%||17.0%||3.9%|
|Euro Stoxx 600||394.04||-0.1%||9.0%||-1.2%|
|Dow Jones Ind||21,012.28||0.0%||6.3%||13.4%|
|MSCI AC Asia Pacific||150.57||1.3%||11.5%||2.3%|
|MSCI World (Developed)||1,897.32||0.0%||8.3%||5.3%|
|MSCI AC World (Dev & Em)||459.65||0.1%||9.0%||5.6%|
|MSCI Emerging Markets||985.11||0.7%||14.2%||8.6%|
|MSCI AC World Value||204.81||0.0%||5.4%||9.5%|
|MSCI AC World Growth||243.18||0.2%||12.8%||1.8%|
|FTSE Gilts All Stocks||3,553.75||-0.2%||0.8%||8.5%|
|FTSE Index Linked All Stocks||634.81||-1.0%||-0.3%||21.2%|
|ML Sterling Corporate Bonds||390.70||-0.1%||2.5%||10.7%|
|ML Global High Yield Bonds||358.84||0.0%||4.8%||15.0%|
|Brent Crude Oil||49.34||0.5%||-15.9%||23.4%|
|Consumer Goods and Services||22,087.56||0.6%||12.2%||9.6%|
|Oil & Gas||7,752.47||0.7%||-9.3%||54.2%|
|$ per £||1.30||0.3%||5.2%||-16.3%|
|€ per £||1.18||-0.3%||0.6%||-15.7%|
|¥ per £||146.40||0.2%||1.3%||-22.7%|
|VIX Index (Volatility)||9.77||-7.6%||-30.4%||-22.9%|
|Baltic Dry Index||1,001.00||0.7%||4.2%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.32%|
|Consumer Price Index||2.30%|
|Retail Price Index||3.10%|
|Yields / Ratios|
|FTSE 100 Adj P/E||24.53|
|FTSE All Share Adj P/E||23.30|
|FTSE All Share Yld||3.85%|
|15yr Gilt Yield||1.56%|
|10yr Gilt Yield||1.15%|
|10yr US Tres Yield||2.39%|
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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