Investment Market Update
Asian stocks were little changed following a report that US and Chinese negotiators were outlining a plan to end the trade war.
US stocks edged higher Wednesday, continuing a recent rally after minutes from the Federal Reserve’s latest meeting showed officials agreed to signal a pause in interest-rate increases until they could better judge rising risks to economic growth.
UK stocks closed higher, as stocks rallied after mid-day, lifted by positive mining and Lloyds Bank earnings results.
- Four in ten private companies that have published their latest gender pay gap are reporting wider gaps than they did last year, according to BBC analysis. The BBC looked at a company's median pay gap - that is the difference in pay between the middle-ranking woman and the middle-ranking man.
- Lloyds Banking Group said it set aside £750m in 2018 for further payment protection insurance claims. Banks are having to repay customers who did not want, need or understand the loan insurance. The addition takes the bank's total provision pot to £19.4bn. The bank is making fewer of these additions, it said, helping profits rise 24% to £4.4bn.
|FTSE All Share||3,957.93||0.7%||7.7%||-13.0%|
|FTSE Small Cap||5,438.13||0.0%||5.0%||-12.4%|
|St. James's Place||947.60||2.2%||0.4%||-23.0%|
|Euro Stoxx 600||371.46||0.7%||10.0%||-13.2%|
|Dow Jones Ind||25,954.44||0.2%||11.3%||-5.6%|
|MSCI AC Asia Pacific||158.74||0.8%||8.2%||-15.6%|
|MSCI World (Developed)||2,083.64||0.4%||10.6%||-10.4%|
|MSCI AC World (Dev & Em)||502.92||0.5%||10.4%||-11.2%|
|MSCI Emerging Markets||1,049.32||1.2%||8.7%||-16.6%|
|MSCI AC World Value||212.60||0.5%||9.4%||-13.2%|
|MSCI AC World Growth||279.88||0.4%||11.4%||-9.2%|
|FTSE Gilts All Stocks||3,661.29||0.0%||1.4%||0.8%|
|FTSE Index Linked All Stocks||656.65||0.3%||2.2%||-1.2%|
|ML Sterling Corporate Bonds||402.07||0.0%||2.7%||-2.4%|
|ML Global High Yield Bonds||383.11||0.1%||5.0%||-3.7%|
|Brent Crude Oil||67.08||0.9%||24.2%||-14.9%|
|Consumer Goods and Services||19,021.71||0.4%||9.0%||-21.0%|
|Oil & Gas||9,011.21||0.7%||6.5%||-7.4%|
|$ per £||1.31||-0.2%||2.5%||-6.2%|
|€ per £||1.15||0.0%||3.4%||-1.3%|
|¥ per £||144.35||-0.3%||3.3%||-8.3%|
|VIX Index (Volatility)||14.02||-5.8%||-44.8%||160.2%|
|Baltic Dry Index||622.00||-2.0%||-51.1%||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||11.66|
|FTSE All Share Adj P/E||11.92|
|FTSE All Share Yld||4.52%|
|15yr Gilt Yield||1.40%|
|10yr Gilt Yield||1.18%|
|10yr US Tres Yield||2.64%|
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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