Investment Market Update
Asian stocks were mixed on Tuesday as investors weighed further discussions on trade between the US and China.
US stocks finished higher on Monday as the market saw shares fall on worries about Brexit and trade wars, before a resurgence in technology lifted markets.
UK stocks and the pound were down on Monday after British Prime Minister Theresa May said she was delaying a parliamentary vote on her deal to leave the EU after conceding it would not win sufficient support.
- US chip-maker Qualcomm claims it has won an injunction against Apple that effectively bans the import of a number of iPhone models, ranging from the iPhone 6S to the iPhone X. The preliminary order, issued by a Chinese court, is the latest in step a continuing feud between the two tech giants over intellectual property.
- Growth in the UK's economy has slowed as car sales fell and the manufacturing sector stalled, the Office for National Statistics (ONS) has said. The economy grew by 0.4% in the three months to October, slower than the 0.6% in the three months to September. The UK's trade deficit also widened as imports grew faster than exports in October.
|FTSE All Share||3,672.21||-1.0%||-13.0%||9.0%|
|FTSE Small Cap||5,194.27||-1.6%||-12.1%||14.9%|
|St. James's Place||929.20||-2.0%||-24.2%||20.9%|
|Euro Stoxx 600||338.99||-1.9%||-12.9%||7.7%|
|Dow Jones Ind||24,423.26||0.1%||-1.2%||25.1%|
|MSCI AC Asia Pacific||148.38||-1.8%||-14.6%||28.7%|
|MSCI World (Developed)||1,952.83||-0.6%||-7.2%||20.1%|
|MSCI AC World (Dev & Em)||470.20||-0.8%||-8.3%||21.6%|
|MSCI Emerging Markets||962.79||-1.9%||-16.9%||34.2%|
|MSCI AC World Value||202.70||-0.8%||-9.5%||15.2%|
|MSCI AC World Growth||260.60||-1.4%||-5.8%||28.3%|
|FTSE Gilts All Stocks||3,674.45||1.7%||2.4%||3.0%|
|FTSE Index Linked All Stocks||679.22||3.2%||4.9%||2.3%|
|ML Sterling Corporate Bonds||394.29||1.0%||-1.6%||5.7%|
|ML Global High Yield Bonds||367.98||-0.3%||-2.5%||9.7%|
|Brent Crude Oil||59.97||-2.8%||-4.8%||14.5%|
|Consumer Goods and Services||17,885.92||0.0%||-20.0%||13.6%|
|Oil & Gas||8,537.10||-1.3%||-5.8%||6.0%|
|$ per £||1.27||1.3%||-5.8%||9.5%|
|€ per £||1.12||1.1%||-0.7%||-4.0%|
|¥ per £||143.55||1.0%||-5.7%||5.3%|
|VIX Index (Volatility)||22.64||-2.5%||105.1%||-21.4%|
|Baltic Dry Index||1,385.00||0.9%||1.4%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.91%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.18|
|FTSE All Share Adj P/E||11.12|
|FTSE All Share Yld||4.74%|
|15yr Gilt Yield||1.36%|
|10yr Gilt Yield||1.20%|
|10yr US Tres Yield||2.86%|
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.