Investment Market Update
Asian stocks were mixed Thursday after US and Chinese officials held talks on their deepening trade dispute ahead of a new round of tariff hikes.
US stocks turned in a lackluster performance Wednesday, but this session goes down in the record books as the day that marked the longest bull market run in history.
UK stocks rose modestly on Wednesday, as global investors turned their attention to the minutes from the Federal Reserve’s latest meeting scheduled to be released after European markets had closed.
- China says it plans to file a fresh complaint against President Donald Trump's tariffs at the World Trade Organisation (WTO). The threat comes after the US imposed a second round of tariffs on $16bn (£12.4bn) of Chinese goods, in an escalation of their trade war.
- The S&P 500 share index, which tracks the 500 biggest public companies in America, has hit a new milestone. The benchmark index on Wednesday marked 3,453 days since its prior low-point, set on 9 March 2009, when the world was reeling from the financial crisis.
|FTSE All Share||4,167.83||0.1%||-1.3%||9.0%|
|FTSE Small Cap||5,854.48||-0.2%||-1.0%||14.9%|
|St. James's Place||1,157.00||0.7%||-5.6%||20.9%|
|Euro Stoxx 600||384.02||0.0%||-1.3%||7.7%|
|Dow Jones Ind||25,733.60||-0.3%||4.1%||25.1%|
|MSCI AC Asia Pacific||164.06||0.4%||-5.6%||28.7%|
|MSCI World (Developed)||2,155.99||0.2%||2.5%||20.1%|
|MSCI AC World (Dev & Em)||518.42||0.2%||1.1%||21.6%|
|MSCI Emerging Markets||1,050.61||0.6%||-9.3%||34.2%|
|MSCI AC World Value||217.29||0.1%||-3.0%||15.2%|
|MSCI AC World Growth||290.79||0.4%||5.1%||28.3%|
|FTSE Gilts All Stocks||3,603.68||0.0%||0.4%||3.0%|
|FTSE Index Linked All Stocks||645.67||-0.2%||-0.3%||2.3%|
|ML Sterling Corporate Bonds||397.58||0.0%||-0.8%||5.7%|
|ML Global High Yield Bonds||376.16||0.2%||-0.3%||9.7%|
|Brent Crude Oil||74.78||3.0%||16.1%||14.5%|
|Consumer Goods and Services||20,952.46||-0.3%||-6.3%||13.6%|
|Oil & Gas||9,377.78||0.8%||3.5%||6.0%|
|$ per £||1.29||-0.2%||-4.7%||9.5%|
|€ per £||1.11||0.0%||-1.0%||-4.0%|
|¥ per £||142.26||-0.3%||-6.6%||5.3%|
|VIX Index (Volatility)||12.25||-4.7%||11.0%||-21.4%|
|Baltic Dry Index||1,735.00||-0.1%||27.0%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.80%|
|Consumer Price Index||2.50%|
|Retail Price Index||3.20%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.57|
|FTSE All Share Adj P/E||12.59|
|FTSE All Share Yld||4.06%|
|15yr Gilt Yield||1.56%|
|10yr Gilt Yield||1.27%|
|10yr US Tres Yield||2.82%|
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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