Investment Market Update
Asian stocks were mixed as the US dollar hovered at 11-month lows and the euro held at a two-year high, as the market digested comments from the European Central Bank’s president.
US stocks were little changed on Thursday as investors assessed the latest wave of results.
The FTSE 100 closed 56 points higher on Thursday despite Easy Jet falling 6%. The carrier announced an increase in expected profits although these were still below last year's figure of £495m.
- US authorities have fined Exxon Mobil £1.5m for violating sanctions against Russia while Secretary of State Rex Tillerson was its chief executive. Exxon dealt with Igor Sechin, the president of Russian oil giant Rosneft, who was blacklisted, the US Treasury Department said.
- China has agreed to allow imports of rice from the US for the first time. The agreement gives US farmers access to the world's biggest rice consumer, with China importing about 5 million tonnes last year.
|FTSE All Share||4,095.07||0.7%||5.7%||12.5%|
|FTSE Small Cap||5,659.06||0.1%||10.0%||11.0%|
|St. James's Place||1,231.00||0.7%||23.8%||3.9%|
|Euro Stoxx 600||384.07||-0.4%||6.3%||-1.2%|
|Dow Jones Ind||21,611.78||-0.1%||9.4%||13.4%|
|MSCI AC Asia Pacific||159.41||0.3%||18.0%||2.3%|
|MSCI World (Developed)||1,963.31||0.2%||12.1%||5.3%|
|MSCI AC World (Dev & Em)||477.71||0.2%||13.2%||5.6%|
|MSCI Emerging Markets||1,059.40||-0.1%||22.9%||8.6%|
|MSCI AC World Value||211.05||0.2%||8.6%||9.5%|
|MSCI AC World Growth||254.86||0.2%||18.2%||1.8%|
|FTSE Gilts All Stocks||3,548.04||-0.3%||0.7%||8.5%|
|FTSE Index Linked All Stocks||623.71||0.3%||-2.0%||21.2%|
|ML Sterling Corporate Bonds||393.92||-0.1%||3.3%||10.7%|
|ML Global High Yield Bonds||368.34||0.2%||7.5%||15.0%|
|Brent Crude Oil||49.30||-0.8%||-16.2%||23.4%|
|Consumer Goods and Services||22,725.19||1.3%||15.5%||9.6%|
|Oil & Gas||7,693.73||1.4%||-10.0%||54.2%|
|$ per £||1.30||0.4%||5.6%||-16.3%|
|€ per £||1.13||1.4%||-3.6%||-15.7%|
|¥ per £||145.61||0.4%||0.8%||-22.7%|
|VIX Index (Volatility)||9.58||-2.1%||-31.8%||-22.9%|
|Baltic Dry Index||964.00||1.7%||0.3%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.29%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||24.95|
|FTSE All Share Adj P/E||23.57|
|FTSE All Share Yld||4.01%|
|15yr Gilt Yield||1.59%|
|10yr Gilt Yield||1.21%|
|10yr US Tres Yield||2.26%|
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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