Investment Market Update
Asian stocks closed lower on Tuesday, following a tech-led slump in the US. Although the worst of the losses were pared on hopes for progress in the US-China trade dispute.
US stocks closed lower Monday. Technology companies were the main driver of the dampened performance following an analyst’s report that suggested Apple significantly cut back orders from one of its suppliers.
UK stocks closed lower on Monday, as the tobacco giants suffered regulatory angst in the US with regards to banning menthol cigarettes.
- The pound has sunk in difficult trading after reports that a Brexit deal was near were downplayed by UK officials. Downing Street said "substantial issues" still need to be resolved as negotiators try to secure an agreement over the UK's exit from the EU.
- Premier Foods boss Gavin Darby has announced he will step down at the end of January next year. The announcement comes almost four months after he survived a bid to oust him at the company's annual meeting. Activist hedge fund Oasis Management, the firm's second-largest shareholder, had called for him to resign.
|FTSE All Share||3,868.41||-0.9%||-8.4%||9.0%|
|FTSE Small Cap||5,469.38||-0.5%||-7.5%||14.9%|
|St. James's Place||1,036.00||-2.5%||-15.5%||20.9%|
|Euro Stoxx 600||362.03||-1.0%||-7.0%||7.7%|
|Dow Jones Ind||25,387.18||-2.3%||2.7%||25.1%|
|MSCI AC Asia Pacific||151.71||-0.4%||-12.7%||28.7%|
|MSCI World (Developed)||2,028.62||-1.7%||-3.6%||20.1%|
|MSCI AC World (Dev & Em)||486.57||-1.6%||-5.2%||21.6%|
|MSCI Emerging Markets||966.41||-1.0%||-16.6%||34.2%|
|MSCI AC World Value||208.62||-1.2%||-6.9%||15.2%|
|MSCI AC World Growth||266.96||-2.0%||-3.6%||28.3%|
|FTSE Gilts All Stocks||3,564.31||0.4%||-0.7%||3.0%|
|FTSE Index Linked All Stocks||649.36||1.2%||0.2%||2.3%|
|ML Sterling Corporate Bonds||394.30||0.2%||-1.6%||5.7%|
|ML Global High Yield Bonds||373.72||-0.2%||-1.0%||9.7%|
|Brent Crude Oil||70.12||-0.1%||10.7%||14.5%|
|Consumer Goods and Services||18,694.67||-3.1%||-16.4%||13.6%|
|Oil & Gas||8,987.49||0.7%||-0.8%||6.0%|
|$ per £||1.30||0.9%||-4.0%||9.5%|
|€ per £||1.14||0.1%||1.6%||-4.0%|
|¥ per £||147.65||1.0%||-3.0%||5.3%|
|VIX Index (Volatility)||20.45||17.8%||85.2%||-21.4%|
|Baltic Dry Index||1,125.00||-1.9%||-17.6%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.87%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.66|
|FTSE All Share Adj P/E||10.75|
|FTSE All Share Yld||4.45%|
|15yr Gilt Yield||1.65%|
|10yr Gilt Yield||1.45%|
|10yr US Tres Yield||3.18%|
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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