Investment Market Update
Asian shares mostly gained on Tuesday with investors continuing upbeat sentiment despite regional tensions over the Korean Peninsula and an uncertain outcome for Japan’s snap election later this month.
US stocks fell on Monday, with gains in the energy sector offset by losses in health care and telecommunications.
UK stocks closed lower on Monday in response to a rise in sterling which hit companies that earn money in dollars such as the mining and energy sectors.
- A former City minister has called for an investigation into the private equity firm that owned Monarch. Greybull Capital is owed about £150m for loans made to the airline, but as a preferred creditor it will be first in line to be repaid when assets such as airport landing slots are sold. Lord Myners, a Labour peer, called for an inquiry into whether this was an issue of "fraudulent preference".
Theresa May has set out detailed plans for the first time on how Britain would try to keep trade flowing if it fell out of the EU without a deal, as the prime minister prepared for a high-stakes game of brinkmanship with Brussels. She told MPs that her conciliatory speech in Florence last month had introduced “a new dynamic” into Brexit talks, but added that the government had a duty to prepare for them failing.
|FTSE All Share||4,119.16||-0.20%||6.30%||12.45%|
|FTSE Small Cap||5,802.65||-0.10%||12.80%||10.97%|
|St. James's Place||1,124.00||-0.70%||14.60%||3.85%|
|Euro Stoxx 600||390.21||0.20%||8.00%||-1.20%|
|Dow Jones Ind||22,761.07||-0.10%||15.20%||13.42%|
|MSCI AC Asia Pacific||163.372||0.00%||21.00%||2.34%|
|MSCI World (Developed)||2,013.12||0.00%||15.00%||5.32%|
|MSCI AC World (Dev & Em)||490.555||-0.10%||16.30%||5.63%|
|MSCI Emerging Markets||1,100.42||-0.20%||27.60%||8.58%|
|MSCI AC World Value||216.02||-0.10%||11.10%||9.50%|
|MSCI AC World Growth||262.545||0.00%||21.80%||1.81%|
|FTSE Gilts All Stocks||3,513.95||0.10%||-0.30%||8.51%|
|FTSE Index Linked All Stocks||632.12||-0.20%||-0.70%||21.23%|
|ML Sterling Corporate Bonds||393.299||0.10%||3.20%||10.75%|
|ML Global High Yield Bonds||374.756||0.10%||9.40%||15.01%|
|Brent Crude Oil||55.79||0.30%||-5.00%||23.39%|
|Consumer Goods and Services||21,991.97||0.40%||11.70%||9.56%|
|Oil & Gas||8,407.93||-0.20%||-1.60%||54.21%|
|$ per £||1.3066||-0.60%||5.90%||-16.25%|
|€ per £||1.114||-0.40%||-5.00%||-15.73%|
|¥ per £||147.19701||-0.60%||1.90%||-22.69%|
|VIX Index (Volatility)||10.33||7.00%||-26.40%||-22.90%|
|Baltic Dry Index||1,411.00||0.40%||46.80%||101.05%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.30779|
|FTSE All Share Adj P/E||21.56345|
|FTSE All Share Yld||3.78%|
|15yr Gilt Yield||1.69%|
|10yr Gilt Yield||1.36%|
|10yr US Tres Yield||2.36%|
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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