Investment Market Update
Asian stocks rally as fresh optimism following the recent rounds of trade talks between the US and China will come to a favorable conclusion.Optimism recent rounds of trade talks between the US and China will come to a favorable conclusion.
US stocks rallied as optimism over trade negotiations countered some of the jitters that Senator Marco Rubio triggered when he announced a bill to tax buybacks on equal footing with dividends.
UK stocks rallied as investors digested news that UK inflation fell to a two-year low last month.
- President Donald Trump is considering pushing back the deadline for imposition of higher tariffs on Chinese imports by 60 days, as the world’s two biggest economies try to negotiate a solution to their trade dispute, according to people familiar with the matter.
- UK Prime Minister Theresa May faces a potential revolt from pro-Brexit members of her Conservative Party in a vote Thursday to give her more time to secure binding changes to the divorce accord with the European Union.
|FTSE All Share||3,933.36||0.8%||7.0%||-13.0%|
|FTSE Small Cap||5,419.60||0.1%||4.7%||-12.4%|
|St. James's Place||952.00||0.7%||0.8%||-23.0%|
|Euro Stoxx 600||364.97||0.6%||8.1%||-13.2%|
|Dow Jones Ind||25,543.27||0.5%||9.5%||-5.6%|
|MSCI AC Asia Pacific||157.16||0.6%||7.1%||-15.6%|
|MSCI World (Developed)||2,052.76||0.4%||9.0%||-10.4%|
|MSCI AC World (Dev & Em)||495.92||0.3%||8.8%||-11.2%|
|MSCI Emerging Markets||1,041.84||0.0%||7.9%||-16.6%|
|MSCI AC World Value||209.38||0.4%||7.7%||-13.2%|
|MSCI AC World Growth||276.32||0.3%||10.0%||-9.2%|
|FTSE Gilts All Stocks||3,664.76||0.0%||1.5%||0.8%|
|FTSE Index Linked All Stocks||652.73||-0.3%||1.6%||-1.2%|
|ML Sterling Corporate Bonds||401.56||0.0%||2.5%||-2.4%|
|ML Global High Yield Bonds||381.07||0.1%||4.5%||-3.7%|
|Brent Crude Oil||63.61||1.9%||17.8%||-14.9%|
|Consumer Goods and Services||18,944.31||1.2%||8.6%||-21.0%|
|Oil & Gas||9,160.09||0.8%||8.2%||-7.4%|
|$ per £||1.29||0.3%||1.1%||-6.2%|
|€ per £||1.14||-0.1%||2.3%||-1.3%|
|¥ per £||142.44||-0.1%||1.9%||-8.3%|
|VIX Index (Volatility)||15.65||1.4%||-38.4%||160.2%|
|Baltic Dry Index||608.00||1.7%||-52.2%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.87%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.58|
|FTSE All Share Adj P/E||11.82|
|FTSE All Share Yld||4.57%|
|15yr Gilt Yield||1.39%|
|10yr Gilt Yield||1.18%|
|10yr US Tres Yield||2.70%|
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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