Investment Market Update
Shares were mostly lower in Asia on Tuesday, amid growing wariness over tensions with North Korea. A stronger yen pulled Japanese shares lower.
US equities began the holiday-shortened week on a mildly positive note as the energy sector got a fresh boost from rising crude prices, although gains were limited by lingering geopolitical concerns and uncertainty about the forthcoming earnings season.
The FTSE 100 ended the day flat on Monday with retailers the top gainers, while mid and small-caps rose to new record highs on strength in commodities.
- Federal Reserve Chair Janet Yellen said the US central bank’s task has shifted from a post-crisis exercise of healing the economy to one aimed at holding on to progress made. Yellen and her colleagues are aiming to ease back significantly this year on the level of support the central bank is providing the US economy as they close in on their goals of full employment and 2% inflation.
- Shell has admitted for the first time it dealt with a convicted money-launderer when negotiating access to a vast oil field in Nigeria. It comes after emails were published showing Shell negotiated with Dan Etete, who was later convicted of money laundering in a separate case.
|FTSE All Share||4,011.82||0.0%||3.6%||12.5%|
|FTSE Small Cap||5,448.48||0.4%||5.9%||11.0%|
|St. James's Place||1,047.00||1.7%||5.3%||3.9%|
|Euro Stoxx 600||381.25||0.0%||5.5%||-1.2%|
|Dow Jones Ind||20,658.02||0.0%||4.5%||13.4%|
|MSCI AC Asia Pacific||146.60||0.1%||8.6%||2.3%|
|MSCI World (Developed)||1,846.78||0.1%||5.5%||5.3%|
|MSCI AC World (Dev & Em)||447.36||0.0%||6.0%||5.6%|
|MSCI Emerging Markets||958.00||-0.4%||11.1%||8.6%|
|MSCI AC World Value||201.31||0.0%||3.6%||9.5%|
|MSCI AC World Growth||234.35||0.1%||8.7%||1.8%|
|FTSE Gilts All Stocks||3,590.88||-0.1%||1.9%||8.5%|
|FTSE Index Linked All Stocks||670.14||0.4%||5.2%||21.2%|
|ML Sterling Corporate Bonds||389.67||0.0%||2.2%||10.7%|
|ML Global High Yield Bonds||353.80||0.1%||3.3%||15.0%|
|Brent Crude Oil||55.98||1.3%||-4.2%||23.4%|
|Consumer Goods and Services||22,185.86||0.1%||12.7%||9.6%|
|Oil & Gas||8,061.35||-0.1%||-5.7%||54.2%|
|$ per £||1.24||-0.4%||0.3%||-16.3%|
|€ per £||0.86||0.2%||0.2%||-15.7%|
|¥ per £||0.73||0.3%||5.1%||-22.7%|
|VIX Index (Volatility)||14.05||9.2%||0.1%||-22.9%|
|Baltic Dry Index||1,231.00||0.7%||28.1%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||2.30%|
|Retail Price Index||3.20%|
|Yields / Ratios|
|FTSE 100 Adj P/E||26.82|
|FTSE All Share Adj P/E||24.90|
|FTSE All Share Yld||3.89%|
|15yr Gilt Yield||1.44%|
|10yr Gilt Yield||1.08%|
|10yr US Tres Yield||2.37%|
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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