Investment Market Update
Asian stocks were mixed on Monday as traders watched for developments on a fresh round of trade talks with the US this week in Beijing.
US stocks advanced on Friday as investors were cheered by a slew of robust corporate results, but the gains were capped by renewed concerns over global economic slowdown.
UK stocks fell due to Brexit uncertainty and ongoing talks between the US and China.
- Mike Ashley's Sports Direct has cancelled a bid for collapsed cafe chain Patisserie Valerie, just two days after making an offer. The retail billionaire announced his bid for the chain on Friday evening.
- The government has axed its no-deal Brexit contract with a ferry company which had no ships, after the Irish company backing the deal pulled out. Seaborne Freight was awarded the £13.8m contract in December to run a freight service between Ramsgate and Ostend, Belgium, in the event that Britain leaves the EU without a deal.
|FTSE All Share||3,869.44||-0.4%||5.3%||-13.0%|
|FTSE Small Cap||5,391.82||-0.2%||4.1%||-12.4%|
|St. James's Place||923.40||-2.0%||-2.2%||-23.0%|
|Euro Stoxx 600||358.07||-0.6%||6.0%||-13.2%|
|Dow Jones Ind||25,106.33||-0.3%||7.6%||-5.6%|
|MSCI AC Asia Pacific||154.88||-1.0%||5.6%||-15.6%|
|MSCI World (Developed)||2,020.53||-0.3%||7.3%||-10.4%|
|MSCI AC World (Dev & Em)||488.72||-0.3%||7.3%||-11.2%|
|MSCI Emerging Markets||1,036.03||-0.6%||7.3%||-16.6%|
|MSCI AC World Value||206.58||-0.4%||6.3%||-13.2%|
|MSCI AC World Growth||271.99||-0.3%||8.3%||-9.2%|
|FTSE Gilts All Stocks||3,676.15||0.3%||1.8%||0.8%|
|FTSE Index Linked All Stocks||658.28||0.3%||2.5%||-1.2%|
|ML Sterling Corporate Bonds||402.18||0.1%||2.7%||-2.4%|
|ML Global High Yield Bonds||379.96||-0.1%||4.1%||-3.7%|
|Brent Crude Oil||62.10||0.8%||15.0%||-14.9%|
|Consumer Goods and Services||18,502.21||-0.2%||6.1%||-21.0%|
|Oil & Gas||9,005.43||-0.4%||6.4%||-7.4%|
|$ per £||1.30||0.2%||1.7%||-6.2%|
|€ per £||1.14||-0.1%||2.6%||-1.3%|
|¥ per £||142.34||0.2%||1.8%||-19.7%|
|VIX Index (Volatility)||15.72||-4.0%||-38.2%||160.2%|
|Baltic Dry Index||601.00||-1.5%||-52.7%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.90%|
|Consumer Price Index||2.10%|
|Retail Price Index||2.70%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.40|
|FTSE All Share Adj P/E||11.64|
|FTSE All Share Yld||4.63%|
|15yr Gilt Yield||1.36%|
|10yr Gilt Yield||1.15%|
|10yr US Tres Yield||2.63%|
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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