Investment Market Update
Asian stocks were mixed on Monday following the worst week for global equities since mid-December. Chinese shares outperformed, paring some of Friday’s losses with stocks in Japan, Hong Kong and European futures also higher.
US stocks finished lower on Friday, after a disappointing jobs report and a slump in Chinese exports added to concerns about slowing global growth.
UK stocks had posted their biggest weekly decrease since December, where the market had been experiencing a downswing amid an eviscerating US-China trade war and global growth worry.
- Tesla Inc. said it plans to raise average vehicle prices by about 3 percent globally after it decided to shut down fewer stores than it previously announced. The move comes days after Tesla said it would be winding down most of its physical stores and move to an online-only platform.
- China’s top trade and monetary policy officials this weekend delivered a subtle push-back against trade demands made by Washington, delivering Beijing’s own interpretation of progress made in talks over the enforcement of any deal. People’s Bank of China Governor Yi Gang said the two sides have reached consensus on many crucial issues, and have discussed previous commitments made by Group of 20 nations on avoiding competitive devaluation of currencies.
|FTSE All Share||3,897.49||-0.70%||6.10%||-13.00%|
|FTSE Small Cap||5,419.08||-0.40%||4.70%||-12.40%|
|St. James's Place||995.4||-1.30%||5.40%||-23.00%|
|Euro Stoxx 600||370.57||-0.90%||9.70%||-13.20%|
|Dow Jones Ind||25,450.24||-0.10%||9.10%||-5.60%|
|MSCI AC Asia Pacific||156.1||-1.50%||6.40%||-15.60%|
|MSCI World (Developed)||2,051.12||-0.50%||8.90%||-10.40%|
|MSCI AC World (Dev & Em)||494.91||-0.60%||8.60%||-11.20%|
|MSCI Emerging Markets||1,030.13||-1.30%||6.70%||-16.60%|
|MSCI AC World Value||208.33||-0.70%||7.20%||-13.20%|
|MSCI AC World Growth||276.58||-0.50%||10.10%||-9.20%|
|FTSE Gilts All Stocks||3,662.06||-0.50%||1.50%||0.80%|
|FTSE Index Linked All Stocks||659.4||-1.20%||2.70%||-1.20%|
|ML Sterling Corporate Bonds||404.11||-0.30%||3.20%||-2.40%|
|ML Global High Yield Bonds||383.32||-0.20%||5.10%||-3.70%|
|Brent Crude Oil||65.74||-0.80%||21.00%||-14.90%|
|Consumer Goods and Services||19,297.13||-0.10%||10.60%||-21.00%|
|Oil & Gas||8,729.06||-1.50%||3.10%||-7.40%|
|$ per £||1.31||0.90%||3.00%||-6.20%|
|€ per £||1.17||1.00%||5.10%||-1.30%|
|¥ per £||146.55||1.30%||4.80%||-8.30%|
|VIX Index (Volatility)||16.05||-3.30%||-36.90%||160.20%|
|Baltic Dry Index||649||-1.20%||-48.90%||3.30%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.84%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||14.48|
|FTSE All Share Adj P/E||14.54|
|FTSE All Share Yld||4.58%|
|15yr Gilt Yield||1.50%|
|10yr Gilt Yield||1.19%|
|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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Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.