Investment Market Update
Asian stocks were mixed, as there is continuing caution over events in the US.
US stocks finished higher, rebounding from their Tuesday drops following a batch of strong earnings reports.
UK stocks fell, as fresh worries about global economic growth weighed on oil stocks, while a stronger pound also pulled down multinational stocks.
- US President Donald Trump says he will not deliver his annual State of the Union speech until after the government shutdown is over. The shutdown has left 800,000 federal staff without pay since 22 December.
- The prime minister will meet union leaders later to talk about the next steps of her Brexit plan. Theresa May will try to find compromise with Unison, the TUC, Unite and the GMB after her deal was voted down by MPs last week.
|FTSE All Share||3,764.87||-0.8%||2.4%||-13.0%|
|FTSE Small Cap||5,339.68||-0.2%||3.1%||-12.4%|
|St. James's Place||941.40||-2.7%||-0.3%||-23.0%|
|Euro Stoxx 600||354.89||-0.1%||5.1%||-13.2%|
|Dow Jones Ind||24,575.62||0.7%||5.4%||-5.6%|
|MSCI AC Asia Pacific||152.20||-0.4%||3.7%||-15.6%|
|MSCI World (Developed)||1,980.15||0.1%||5.1%||-10.4%|
|MSCI AC World (Dev & Em)||478.74||0.1%||5.1%||-11.2%|
|MSCI Emerging Markets||1,011.56||0.1%||4.8%||-16.6%|
|MSCI AC World Value||204.35||0.1%||5.1%||-13.2%|
|MSCI AC World Growth||263.83||0.0%||5.0%||-9.2%|
|FTSE Gilts All Stocks||3,613.41||0.2%||0.1%||0.8%|
|FTSE Index Linked All Stocks||638.57||0.5%||-0.6%||-1.2%|
|ML Sterling Corporate Bonds||394.75||0.1%||0.8%||-2.4%|
|ML Global High Yield Bonds||375.96||0.1%||3.1%||-3.7%|
|Brent Crude Oil||61.14||-0.6%||13.6%||-14.9%|
|Consumer Goods and Services||17,681.61||-0.9%||1.3%||-21.0%|
|Oil & Gas||8,418.25||-1.8%||-0.5%||-7.4%|
|$ per £||1.30||-0.8%||1.7%||-6.2%|
|€ per £||1.14||-0.6%||2.4%||-1.3%|
|¥ per £||141.73||-0.9%||1.4%||-19.7%|
|VIX Index (Volatility)||19.52||-6.2%||-23.2%||160.2%|
|Baltic Dry Index||982.00||-5.2%||-22.7%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.92%|
|Consumer Price Index||2.10%|
|Retail Price Index||2.70%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.40|
|FTSE All Share Adj P/E||11.64|
|FTSE All Share Yld||4.76%|
|15yr Gilt Yield||1.52%|
|10yr Gilt Yield||1.33%|
|10yr US Tres Yield||2.74%|
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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