Investment Market Update
Asian shares declined in Wednesday trade, shrugging off the positive tone on Wall Street, as the dollar broadly firmed in the wake of Turkey's currency crisis.
US stocks finished solidly higher Tuesday amid more positive sentiment about the Turkish currency crisis that depressed markets the last two sessions.
UK stocks declined as jitters over Turkey's financial crisis continued to dampen appetite for European stocks.
- DIY retailer Homebase has announced plans to close 42 stores, putting up to 1,500 jobs at risk. Restructuring company Hilco, which bought the DIY chain for £1 in May, confirmed it was planning a Company Voluntary Arrangement (CVA).
- Turkey's President Recep Tayyip Erdogan has said his country will boycott US electronic products, after Washington imposed punitive sanctions on Ankara. The US doubled tariffs last week over Turkey's refusal to extradite a US pastor who is imprisoned there.
|FTSE All Share||4,179.99||-0.4%||-1.0%||9.0%|
|FTSE Small Cap||5,850.48||-0.3%||-1.0%||14.9%|
|St. James's Place||1,134.00||-1.9%||-7.5%||20.9%|
|Euro Stoxx 600||384.92||0.0%||-1.1%||7.7%|
|Dow Jones Ind||25,299.92||0.4%||2.3%||25.1%|
|MSCI AC Asia Pacific||163.04||0.4%||-6.2%||28.7%|
|MSCI World (Developed)||2,137.36||0.5%||1.6%||20.1%|
|MSCI AC World (Dev & Em)||513.99||0.4%||0.2%||21.6%|
|MSCI Emerging Markets||1,042.56||-0.1%||-10.0%||34.2%|
|MSCI AC World Value||215.01||0.4%||-4.0%||15.2%|
|MSCI AC World Growth||288.86||0.4%||4.4%||28.3%|
|FTSE Gilts All Stocks||3,610.67||0.0%||0.6%||3.0%|
|FTSE Index Linked All Stocks||652.25||0.2%||0.7%||2.3%|
|ML Sterling Corporate Bonds||397.65||0.1%||-0.8%||5.7%|
|ML Global High Yield Bonds||373.63||0.0%||-1.0%||9.7%|
|Brent Crude Oil||72.46||-0.2%||12.5%||14.5%|
|Consumer Goods and Services||21,157.94||0.3%||-5.4%||13.6%|
|Oil & Gas||9,308.90||-0.9%||2.7%||6.0%|
|$ per £||1.27||0.3%||-5.7%||9.5%|
|€ per £||1.12||-0.2%||-0.6%||-4.0%|
|¥ per £||141.11||-0.1%||-7.3%||5.3%|
|VIX Index (Volatility)||13.31||-9.9%||20.6%||-21.4%|
|Baltic Dry Index||1,725.00||0.9%||26.3%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.81%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.68|
|FTSE All Share Adj P/E||12.69|
|FTSE All Share Yld||4.06%|
|15yr Gilt Yield||1.54%|
|10yr Gilt Yield||1.26%|
|10yr US Tres Yield||2.90%|
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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