Investment Market Update
Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although cooling factory-gate inflation in China and increasing tensions between Saudi Arabia and the West have capped gains.
US stocks finished a choppy session lower on Monday amid lingering doubts over the market's prospects following last week's volatility.
UK stocks were mixed on Monday as PM Theresa May says the government is working towards a good Brexit deal. The FTSE 250 index slid led by ConvaTec Group and Superdry following profit warnings.
- The government will have to find an extra £19bn a year if it is to uphold Theresa May's promise that "austerity is over", a major report has said. In its pre-Budget report, the Institute for Fiscal Studies says it means higher borrowing and higher taxes.
- From today, if you want to advertise a political cause on Facebook in the UK, you'll have to obey new rules. You will need to prove your identity and location to the company, and each ad will carry a message saying who paid for it. There will also be an online archive, showing all of your previous ads, roughly how much you spent, and who they have reached.
|FTSE All Share||3,859.27||0.2%||-8.6%||9.0%|
|FTSE Small Cap||5,535.56||-0.1%||-6.4%||14.9%|
|St. James's Place||1,039.00||-1.5%||-15.3%||20.9%|
|Euro Stoxx 600||359.31||0.1%||-7.7%||7.7%|
|Dow Jones Ind||25,250.55||-0.4%||2.1%||25.1%|
|MSCI AC Asia Pacific||152.46||-1.2%||-12.3%||28.7%|
|MSCI World (Developed)||2,055.11||-0.4%||-2.3%||20.1%|
|MSCI AC World (Dev & Em)||492.52||-0.5%||-4.0%||21.6%|
|MSCI Emerging Markets||971.67||-0.9%||-16.1%||34.2%|
|MSCI AC World Value||208.77||-0.2%||-6.8%||15.2%|
|MSCI AC World Growth||273.29||-0.7%||-1.3%||28.3%|
|FTSE Gilts All Stocks||3,510.11||0.2%||-2.2%||3.0%|
|FTSE Index Linked All Stocks||628.43||0.5%||-3.0%||2.3%|
|ML Sterling Corporate Bonds||391.26||0.2%||-2.4%||5.7%|
|ML Global High Yield Bonds||377.09||0.1%||-0.1%||9.7%|
|Brent Crude Oil||80.78||0.4%||26.9%||14.5%|
|Consumer Goods and Services||18,698.03||0.8%||-16.4%||13.6%|
|Oil & Gas||9,347.97||0.8%||3.2%||6.0%|
|$ per £||1.32||0.0%||-2.7%||9.5%|
|€ per £||1.14||0.2%||1.0%||-4.0%|
|¥ per £||147.60||0.3%||-3.0%||5.3%|
|VIX Index (Volatility)||21.30||0.0%||92.9%||-21.4%|
|Baltic Dry Index||1,584.00||0.3%||16.0%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.81%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.71|
|FTSE All Share Adj P/E||11.71|
|FTSE All Share Yld||4.40%|
|15yr Gilt Yield||1.79%|
|10yr Gilt Yield||1.61%|
|10yr US Tres Yield||3.16%|
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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