Investment Market Update
Asian stocks pared earlier losses even as investors voiced concerns about the escalating exchange of trade and investment restrictions between the US and economic heavyweights China and Europe.
US stocks dropped Monday due to an escalating trade dispute between the US and other leading economies, handing the S&P 500 and Nasdaq their steepest losses in more than two months.
UK stocks suffered its worst one-day decline in over a year, as trade war fears hammered global stock markets.
- Investment in Britain's car industry has fallen by half, according to figures from the motoring sector. The Society of Motor Manufacturers & Traders (SMMT) said that Brexit uncertainty was "thwarting" decisions by major car companies to put more money into UK factories.
- US stock markets tumbled on Monday led by technology companies as concerns over escalating trade tensions between the US and China hit investors. The Nasdaq ended more than 2% lower, while the Dow Jones Industrial Average and the S&P 500 dropped more than 1.3%. The US is set to announce new rules to curb Chinese investment in critical US technology.
|FTSE All Share||4,145.57||-2.0%||-1.8%||9.0%|
|FTSE Small Cap||5,924.72||-0.7%||0.2%||14.9%|
|St. James's Place||1,152.00||-2.6%||-6.0%||20.9%|
|Euro Stoxx 600||377.17||-2.0%||-3.1%||7.7%|
|Dow Jones Ind||24,252.80||-1.3%||-1.9%||25.1%|
|MSCI AC Asia Pacific||167.24||-1.2%||-3.8%||28.7%|
|MSCI World (Developed)||2,085.59||-1.4%||-0.8%||20.1%|
|MSCI AC World (Dev & Em)||504.49||-1.4%||-1.7%||21.6%|
|MSCI Emerging Markets||1,071.06||-1.6%||-7.5%||34.2%|
|MSCI AC World Value||212.05||-1.0%||-5.3%||15.2%|
|MSCI AC World Growth||282.21||-1.8%||2.0%||28.3%|
|FTSE Gilts All Stocks||3,589.24||0.0%||0.0%||3.0%|
|FTSE Index Linked All Stocks||638.24||0.0%||-1.5%||2.3%|
|ML Sterling Corporate Bonds||394.95||0.0%||-1.5%||5.7%|
|ML Global High Yield Bonds||373.47||0.0%||-1.0%||9.7%|
|Brent Crude Oil||74.73||-1.1%||14.8%||14.5%|
|Consumer Goods and Services||19,956.70||-2.0%||-10.8%||13.6%|
|Oil & Gas||9,468.54||-3.0%||4.5%||6.0%|
|$ per £||1.33||0.0%||-1.9%||9.5%|
|€ per £||1.14||0.3%||1.1%||-4.0%|
|¥ per £||145.85||0.4%||-4.2%||5.3%|
|VIX Index (Volatility)||17.33||25.9%||57.0%||-21.4%|
|Baltic Dry Index||1,333.00||-0.6%||-2.4%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.66%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.91|
|FTSE All Share Adj P/E||12.90|
|FTSE All Share Yld||4.04%|
|15yr Gilt Yield||1.60%|
|10yr Gilt Yield||1.29%|
|10yr US Tres Yield||2.88%|
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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