Investment Market Update
Asian stocks erased early losses and edged higher, as steadying commodity prices, especially crude oil, prompted some bargain hunting by investors.
US stocks ended the day lower as an early rally in financial companies reversed and as falling crude oil prices sent energy shares lower.
UK stocks fell, but sterling was steady as investors continued to digest the consequences of the UK's snap election call.
- TalkTalk and BT have received the lowest customer satisfaction scores in a survey of 12 broadband providers. They scored 38% and 45% respectively with their customers, while Sky (48%) and EE (49%) came close behind them in the Which? survey of 1,800 people.
- Britain's financial watchdog is to investigate the car finance market, with concerns about irresponsible lending. The Financial Conduct Authority (FCA) is also raising concerns about a lack of transparency and potential conflicts of interest. The move follows a rapid surge in consumer credit led by car dealership finance.
|FTSE All Share||3,914.50||-0.3%||1.1%||12.5%|
|FTSE Small Cap||5,448.89||0.0%||5.9%||11.0%|
|St. James's Place||1,058.00||-0.3%||6.4%||3.9%|
|Euro Stoxx 600||377.24||0.2%||4.4%||-1.2%|
|Dow Jones Ind||20,404.49||-0.6%||3.2%||13.4%|
|MSCI AC Asia Pacific||145.51||-0.5%||7.7%||2.3%|
|MSCI World (Developed)||1,835.04||-0.1%||4.8%||5.3%|
|MSCI AC World (Dev & Em)||444.57||-0.2%||5.4%||5.6%|
|MSCI Emerging Markets||952.92||-0.5%||10.5%||8.6%|
|MSCI AC World Value||199.18||-0.3%||2.5%||9.5%|
|MSCI AC World Growth||233.91||0.0%||8.5%||1.8%|
|FTSE Gilts All Stocks||3,604.10||-0.2%||2.3%||8.5%|
|FTSE Index Linked All Stocks||663.77||-0.4%||4.2%||21.2%|
|ML Sterling Corporate Bonds||390.16||-0.2%||2.3%||10.7%|
|ML Global High Yield Bonds||354.96||0.1%||3.6%||15.0%|
|Brent Crude Oil||52.93||-3.6%||-9.4%||23.4%|
|Consumer Goods and Services||21,741.77||-1.0%||10.5%||9.6%|
|Oil & Gas||7,551.92||-2.0%||-11.7%||54.2%|
|$ per £||1.28||-0.1%||3.5%||-16.3%|
|€ per £||0.84||0.1%||-1.7%||-15.7%|
|¥ per £||0.72||0.5%||4.3%||-22.7%|
|VIX Index (Volatility)||14.93||3.5%||6.3%||-22.9%|
|Baltic Dry Index||1,278.00||-1.2%||33.0%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||2.30%|
|Retail Price Index||3.10%|
|Yields / Ratios|
|FTSE 100 Adj P/E||25.94|
|FTSE All Share Adj P/E||24.26|
|FTSE All Share Yld||3.94%|
|15yr Gilt Yield||1.42%|
|10yr Gilt Yield||1.07%|
|10yr US Tres Yield||2.21%|
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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