Investment Market Update
Asian stocks climbed Tuesday as a technology-led rebound in US equities spread to the region.
US stocks jumped on Monday after five straight sessions of declines, led by gains in technology shares.
UK stocks cling on to gains as rumours swirl of visit by Theresa May to the Last Chance saloon in Strasbourg.
- The US has told Germany it would curb intelligence sharing with Berlin if it allows Huawei to participate in its 5G mobile network. The warning came in a recent letter from the US ambassador to Germany seen by the Wall Street Journal. The US has been lobbying its allies to boycott Huawei due to national security risks.
- Sterling has risen strongly on hopes of a Brexit agreement after Theresa May said she had agreed "legally binding" changes to her deal. The PM said the changes meant the Irish backstop - the insurance policy designed to avoid a hard border in Ireland - could not "become permanent". MPs are due to vote on the deal this evening.
|FTSE All Share||3,910.80||0.3%||6.4%||-13.0%|
|FTSE Small Cap||5,426.91||0.1%||4.8%||-12.4%|
|St. James's Place||999.40||0.4%||5.9%||-23.0%|
|Euro Stoxx 600||373.47||0.8%||10.6%||-13.2%|
|Dow Jones Ind||25,650.88||0.8%||10.0%||-5.6%|
|MSCI AC Asia Pacific||157.11||0.6%||7.1%||-15.6%|
|MSCI World (Developed)||2,074.66||1.1%||10.1%||-10.4%|
|MSCI AC World (Dev & Em)||500.55||1.1%||9.9%||-11.2%|
|MSCI Emerging Markets||1,041.15||1.1%||7.8%||-16.6%|
|MSCI AC World Value||210.44||1.0%||8.3%||-13.2%|
|MSCI AC World Growth||280.06||1.3%||11.5%||-9.2%|
|FTSE Gilts All Stocks||3,670.65||0.2%||1.7%||0.8%|
|FTSE Index Linked All Stocks||662.56||0.5%||3.2%||-1.2%|
|ML Sterling Corporate Bonds||404.91||0.2%||3.4%||-2.4%|
|ML Global High Yield Bonds||384.00||0.2%||5.3%||-3.7%|
|Brent Crude Oil||66.58||1.3%||22.6%||-14.9%|
|Consumer Goods and Services||19,252.00||-0.2%||10.4%||-21.0%|
|Oil & Gas||8,768.08||0.4%||3.6%||-7.4%|
|$ per £||1.30||-1.0%||2.1%||-6.2%|
|€ per £||1.16||-0.9%||4.1%||-1.3%|
|¥ per £||144.69||-1.0%||3.5%||-8.3%|
|VIX Index (Volatility)||14.33||-10.7%||-43.6%||160.2%|
|Baltic Dry Index||645.00||-0.6%||-49.3%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.85%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||14.53|
|FTSE All Share Adj P/E||14.59|
|FTSE All Share Yld||4.56%|
|15yr Gilt Yield||1.49%|
|10yr Gilt Yield||1.18%|
|10yr US Tres Yield||2.64%|
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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