Investment Market Update
Asian stocks rose Wednesday ahead of a meeting between US President Donald Trump and North Korean leader Kim Jong Un in Vietnam.
US stocks pushed lower in the final hour of trading to close in the red as investors struggled to put an optimistic spin on Federal Reserve Chairman Jerome Powell’s testimony before Congress.
UK stocks closed lower on Tuesday as sterling surged, which weighed on the blue-chip index, on news of a potential Brexit delay.
- The finances of 10,500 borrowers are being "damaged from beyond the grave" by collapsed payday lender Wonga, according to a committee of MPs. Wonga fell into administration in August last year, with these customers awaiting ombudsman rulings on whether they were mis-sold loans.
- Marks & Spencer and Ocado have confirmed a deal which will give the High Street retailer a home delivery service for the first time. M&S will buy a 50% share of Ocado's retail business for £750m.
|FTSE All Share||3,925.90||-0.4%||6.8%||-13.0%|
|FTSE Small Cap||5,439.48||-0.1%||5.1%||-12.4%|
|St. James's Place||976.80||0.7%||3.5%||-23.0%|
|Euro Stoxx 600||373.64||0.4%||10.7%||-13.2%|
|Dow Jones Ind||26,057.98||-0.1%||11.7%||-5.6%|
|MSCI AC Asia Pacific||160.27||-0.3%||9.2%||-15.6%|
|MSCI World (Developed)||2,091.70||0.0%||11.0%||-10.4%|
|MSCI AC World (Dev & Em)||505.51||0.0%||10.9%||-11.2%|
|MSCI Emerging Markets||1,064.94||-0.3%||10.3%||-16.6%|
|MSCI AC World Value||213.15||-0.1%||9.6%||-13.2%|
|MSCI AC World Growth||282.04||0.0%||12.3%||-9.2%|
|FTSE Gilts All Stocks||3,645.34||-0.4%||1.0%||0.8%|
|FTSE Index Linked All Stocks||645.05||-1.4%||0.4%||-1.2%|
|ML Sterling Corporate Bonds||401.97||-0.1%||2.6%||-2.4%|
|ML Global High Yield Bonds||384.84||0.2%||5.5%||-3.7%|
|Brent Crude Oil||65.21||0.7%||20.7%||-14.9%|
|Consumer Goods and Services||18,749.69||-0.6%||7.5%||-21.0%|
|Oil & Gas||8,855.45||-0.6%||4.6%||-7.4%|
|$ per £||1.31||-1.3%||2.6%||-6.2%|
|€ per £||1.15||-1.0%||3.6%||-1.3%|
|¥ per £||145.48||-0.9%||4.1%||-8.3%|
|VIX Index (Volatility)||15.17||2.2%||-40.3%||160.2%|
|Baltic Dry Index||649.00||1.9%||-48.9%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.86%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.47|
|FTSE All Share Adj P/E||11.77|
|FTSE All Share Yld||4.54%|
|15yr Gilt Yield||1.53%|
|10yr Gilt Yield||1.21%|
|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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Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.