Investment Market Update
Asian stocks were higher as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week.
US stocks finished the week with strong gains after President Trump approved legislation averting another government shutdown and noted progress in US-China trade talks.
UK stocks were broadly higher, as the FTSE 100 touched a fresh four-month high amid US-China trade talk optimism.
- Facebook needs far stricter regulation, with tough and urgent action necessary to end the spread of disinformation on its platform, MPs have said. A Commons committee has concluded that the firm's founder Mark Zuckerberg failed to show "leadership or personal responsibility" over fake news.
- Tap-in, tap-out rail fares could be expanded beyond London if a group of train operators gets its way. The Rail Delivery Group has set out a wish-list of reforms for the industry and it wants the UK and devolved governments to support them.
|FTSE All Share||3,954.56||0.5%||7.6%||-13.0%|
|FTSE Small Cap||5,437.01||-0.1%||5.0%||-12.4%|
|St. James's Place||949.20||0.7%||0.6%||-23.0%|
|Euro Stoxx 600||368.94||1.4%||9.3%||-13.2%|
|Dow Jones Ind||25,883.25||1.7%||11.0%||-5.6%|
|MSCI AC Asia Pacific||155.60||-0.9%||6.1%||-15.6%|
|MSCI World (Developed)||2,066.59||0.9%||9.7%||-10.4%|
|MSCI AC World (Dev & Em)||498.24||0.7%||9.3%||-11.2%|
|MSCI Emerging Markets||1,030.64||-0.8%||6.7%||-16.6%|
|MSCI AC World Value||210.35||0.9%||8.2%||-13.2%|
|MSCI AC World Growth||277.63||0.5%||10.5%||-9.2%|
|FTSE Gilts All Stocks||3,669.60||-0.2%||1.7%||0.8%|
|FTSE Index Linked All Stocks||655.97||-0.2%||2.1%||-1.2%|
|ML Sterling Corporate Bonds||401.92||-0.2%||2.6%||-2.4%|
|ML Global High Yield Bonds||381.48||0.1%||4.6%||-3.7%|
|Brent Crude Oil||66.25||2.6%||22.6%||-14.9%|
|Consumer Goods and Services||19,015.99||0.6%||9.0%||-21.0%|
|Oil & Gas||9,031.33||-0.1%||6.7%||-7.4%|
|$ per £||1.28||-0.7%||0.5%||-6.2%|
|€ per £||1.13||-0.7%||1.8%||-1.3%|
|¥ per £||141.61||-0.6%||1.3%||-8.3%|
|VIX Index (Volatility)||14.91||-8.1%||-41.3%||160.2%|
|Baltic Dry Index||639.00||1.8%||-49.7%||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||11.67|
|FTSE All Share Adj P/E||11.90|
|FTSE All Share Yld||4.55%|
|15yr Gilt Yield||1.38%|
|10yr Gilt Yield||1.16%|
|10yr US Tres Yield||2.66%|
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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