Investment Market Update
Asian stocks gained on Wednesday after US-China trade talks resumed.
US stocks edged higher on Tuesday, extending their recent rally after upbeat earnings sent shares of retail giant Walmart higher and President Trump further toned down trade tensions with China.
UK stocks were down on Tuesday after a lack of positive news, with disappointing results from both HSBC and BHP Billiton.
- The UK's competition watchdog has said the proposed tie-up between Sainsbury's and Asda could push up prices and cut choice for customers. The Competition and Markets Authority (CMA) said it was "likely to be difficult" for the chains to "address the concerns".
- The number of people in work in the UK has continued to climb, with a record 32.6 million employed between October and December, the latest Office for National Statistics figures show. Unemployment was little-changed in the three-month period at 1.36 million.
|FTSE All Share||3,931.77||-0.5%||7.0%||-13.0%|
|FTSE Small Cap||5,437.35||-0.2%||5.0%||-12.4%|
|St. James's Place||927.40||-2.2%||-1.8%||-23.0%|
|Euro Stoxx 600||368.97||-0.2%||9.3%||-13.2%|
|Dow Jones Ind||25,891.32||0.0%||11.0%||-5.6%|
|MSCI AC Asia Pacific||157.46||0.1%||7.3%||-15.6%|
|MSCI World (Developed)||2,075.91||0.2%||10.2%||-10.4%|
|MSCI AC World (Dev & Em)||500.58||0.1%||9.9%||-11.2%|
|MSCI Emerging Markets||1,036.97||0.0%||7.4%||-16.6%|
|MSCI AC World Value||211.44||0.2%||8.8%||-13.2%|
|MSCI AC World Growth||278.80||0.1%||11.0%||-9.2%|
|FTSE Gilts All Stocks||3,662.23||-0.2%||1.5%||0.8%|
|FTSE Index Linked All Stocks||654.75||-0.2%||1.9%||-1.2%|
|ML Sterling Corporate Bonds||401.96||-0.1%||2.6%||-2.4%|
|ML Global High Yield Bonds||382.56||0.1%||4.9%||-3.7%|
|Brent Crude Oil||66.45||-0.1%||23.0%||-14.9%|
|Consumer Goods and Services||18,953.71||-0.5%||8.6%||-21.0%|
|Oil & Gas||8,952.65||-0.2%||5.8%||-7.4%|
|$ per £||1.29||-1.0%||1.4%||-6.2%|
|€ per £||1.14||-0.7%||2.7%||-1.3%|
|¥ per £||142.91||-1.0%||2.2%||-8.3%|
|VIX Index (Volatility)||14.88||-0.2%||-41.5%||160.2%|
|Baltic Dry Index||635.00||-1.2%||-50.0%||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||11.45|
|FTSE All Share Adj P/E||11.71|
|FTSE All Share Yld||4.55%|
|15yr Gilt Yield||1.40%|
|10yr Gilt Yield||1.17%|
|10yr US Tres Yield||2.63%|
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.