Investment Market Update
Asian stocks fell slightly but pared earlier declines of more than 0.7%, after China said they need to keep talking to the US to build trust and that they are not interested in a trade war.
US stocks fell slightly, but trading was more muted than normal on Tuesday as a late-winter storm blanketed the eastern part of the country in snow.
UK stocks fell slightly as traders opted for caution over the ongoing Brexit speculation. Banking and retail shares were most affected, though shares in Prudential rose 2.8% as strong growth in Asia helped to boost profits for the company.
- Dutch voters are heading to the polls today in a general election that will provide the first gauge of the spread of populism in Europe. The outcome is likely to be viewed as a barometer for votes this year in France and Germany, the two biggest economies in the eurozone.
- The European Union is considering forcing the UK to wait until June for formal negotiations to begin on the terms of Brexit, eroding the time Prime Minister Theresa May has to land a deal, according to EU officials.
|FTSE All Share||4,002.90||-0.20%||3.30%||12.45%|
|FTSE Small Cap||5,367.07||-0.10%||4.40%||10.97%|
|St. James's Place||1,085.00||-0.70%||7.00%||3.85%|
|Euro Stoxx 600||373.46||-0.30%||3.30%||-1.20%|
|Dow Jones Ind||20,837.37||-0.20%||5.40%||13.42%|
|MSCI AC Asia Pacific||145.677||0.10%||7.90%||2.34%|
|MSCI World (Developed)||1,842.98||-0.40%||5.20%||5.32%|
|MSCI AC World (Dev & Em)||445.61||-0.30%||5.60%||5.63%|
|MSCI Emerging Markets||939.967||0.20%||9.00%||8.58%|
|MSCI AC World Value||202||-0.40%||3.90%||9.50%|
|MSCI AC World Growth||231.699||-0.30%||7.50%||1.81%|
|FTSE Gilts All Stocks||3,537.46||0.20%||0.40%||8.51%|
|FTSE Index Linked All Stocks||638.72||0.10%||0.30%||21.23%|
|ML Sterling Corporate Bonds||385.577||0.00%||1.10%||10.75%|
|ML Global High Yield Bonds||348.003||-0.40%||1.60%||15.01%|
|Brent Crude Oil||50.92||-0.80%||-12.30%||23.39%|
|Consumer Goods and Services||21,944.64||0.60%||11.50%||9.56%|
|Oil & Gas||7,837.57||-1.50%||-8.30%||54.21%|
|$ per £||1.22||0.30%||-1.10%||-16.25%|
|€ per £||1.15||0.40%||-2.00%||-15.73%|
|¥ per £||140.2||0.50%||-3.00%||-22.69%|
|VIX Index (Volatility)||11.93||5.10%||-15.00%||-22.90%|
|Baltic Dry Index||1,112.00||1.20%||15.70%||101.05%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||26.96637|
|FTSE All Share Adj P/E||24.79538|
|FTSE All Share Yld||3.88%|
|15yr Gilt Yield||1.60%|
|10yr Gilt Yield||1.22%|
|10yr US Tres Yield||2.60%|
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.