Investment Market Update
Japanese stocks climbed the most in two weeks while the yen fluctuated, and oil resumed gains after the biggest drop in more than a week. Nikkei rose as the yen swung after posting its steepest fall since November on Wednesday. Asian shares elsewhere were mixed.
US stocks ended higher as Federal Reserve Chair Janet Yellen said the economy is near the central bank’s objectives of full employment and stable prices.
UK stocks closed slightly higher after struggling to find direction during the day. Burberry rose 3% following positive sales numbers.
- Prime Minister Theresa May will meet the leaders of the global finance industry today as both she and they push ahead with their own plans for Brexit. Two days after delivering her vision for pulling Britain out of the European Union’s single market, May will address the World Economic Forum’s annual meeting in Davos, Switzerland, and also attend a private session with Wall Street executives.
- UK unemployment fell to 1.6 million in the three months to November - the lowest level for more than a decade - official figures showed.The jobless rate was steady at an 11-year low of 4.8%, the Office for National Statistics said.
|FTSE All Share||3,929.52||0.3%||1.5%||12.5%|
|FTSE Small Cap||5,237.00||-0.5%||1.8%||11.0%|
|St. James's Place||1,052.00||-0.6%||3.7%||3.9%|
|Euro Stoxx 600||363.07||0.2%||0.5%||-1.2%|
|Dow Jones Ind||19,804.72||-0.1%||0.2%||13.4%|
|MSCI AC Asia Pacific||140.31||0.3%||3.9%||2.3%|
|MSCI World (Developed)||1,785.69||0.2%||2.0%||5.3%|
|MSCI AC World (Dev & Em)||431.10||0.2%||2.2%||5.6%|
|MSCI Emerging Markets||897.89||0.3%||4.1%||8.6%|
|MSCI AC World Value||197.16||0.1%||1.4%||9.5%|
|MSCI AC World Growth||222.11||0.2%||3.0%||1.8%|
|FTSE Gilts All Stocks||3,487.03||-0.2%||-1.1%||8.5%|
|FTSE Index Linked All Stocks||632.72||0.1%||-0.6%||21.2%|
|ML Sterling Corporate Bonds||379.78||-0.1%||-0.4%||10.7%|
|ML Global High Yield Bonds||347.19||0.0%||1.4%||15.0%|
|Brent Crude Oil||53.92||-2.8%||-5.1%||23.4%|
|Consumer Goods and Services||19,970.05||0.9%||1.5%||9.6%|
|Oil & Gas||8,522.37||0.4%||-0.3%||54.2%|
|$ per £||1.23||-0.3%||-0.5%||-16.3%|
|€ per £||1.15||0.1%||-1.6%||-15.7%|
|¥ per £||140.81||0.9%||-2.6%||-22.7%|
|VIX Index (Volatility)||12.48||5.1%||-11.1%||-22.9%|
|Baltic Dry Index||952.00||3.3%||-0.9%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.00%|
|Consumer Price Index||1.60%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||27.76|
|FTSE All Share Adj P/E||24.89|
|FTSE All Share Yld||3.87%|
|15yr Gilt Yield||1.72%|
|10yr Gilt Yield||1.34%|
|10yr US Tres Yield||2.43%|
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.