Investment Market Update
Asian stocks were up on Monday retreating from earlier highs as relief on news of a deal to reopen the US government following a prolonged shutdown gave way to edginess before a key round of US trade talks.
US stocks rose Friday as mostly positive earnings results and a report that the Federal Reserve will maintain a larger portfolio of Treasury securities helped boost investor sentiment.
UK stocks finished were mostly lower on Friday after a tame afternoon session while big cap miners did well.
- Vodafone has "paused" the deployment of Huawei equipment in its core networks in Europe until Western governments resolve security concerns about the Chinese telecoms giant. Huawei is under scrutiny over its ties with the Chinese government and allegations that its technology could be used for spying.
- The EU could be ready to drop some of its "red lines" from the Brexit deal it struck with the UK to "help" save it, Chancellor Philip Hammond has said. He did not believe the EU would scrap the backstop plan to keep the border open between Northern Ireland and Ireland.
|FTSE All Share||3,751.88||-0.1%||2.1%||-13.0%|
|FTSE Small Cap||5,337.42||0.4%||3.1%||-12.4%|
|St. James's Place||951.00||-1.1%||0.7%||-23.0%|
|Euro Stoxx 600||357.84||0.6%||6.0%||-13.2%|
|Dow Jones Ind||24,737.20||0.7%||6.0%||-5.6%|
|MSCI AC Asia Pacific||154.86||1.3%||5.6%||-15.6%|
|MSCI World (Developed)||2,001.86||0.9%||6.3%||-10.4%|
|MSCI AC World (Dev & Em)||484.53||1.0%||6.3%||-11.2%|
|MSCI Emerging Markets||1,032.34||1.3%||6.9%||-16.6%|
|MSCI AC World Value||206.18||0.7%||6.1%||-13.2%|
|MSCI AC World Growth||267.88||1.2%||6.6%||-9.2%|
|FTSE Gilts All Stocks||3,621.94||-0.3%||0.3%||0.8%|
|FTSE Index Linked All Stocks||639.60||-0.5%||-0.4%||-1.2%|
|ML Sterling Corporate Bonds||395.94||-0.1%||1.1%||-2.4%|
|ML Global High Yield Bonds||377.03||0.3%||3.3%||-3.7%|
|Brent Crude Oil||61.64||0.9%||14.6%||-14.9%|
|Consumer Goods and Services||17,403.44||-0.5%||-0.2%||-21.0%|
|Oil & Gas||8,391.23||-0.7%||-0.9%||-7.4%|
|$ per £||1.30||-1.4%||2.1%||-6.2%|
|€ per £||1.15||-0.4%||3.5%||-1.3%|
|¥ per £||142.76||-1.2%||2.1%||-19.7%|
|VIX Index (Volatility)||17.42||-7.8%||-31.5%||160.2%|
|Baltic Dry Index||905.00||-3.6%||-28.8%||3.3%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.93%|
|Consumer Price Index||2.10%|
|Retail Price Index||2.70%|
|Yields / Ratios|
|FTSE 100 Adj P/E||11.36|
|FTSE All Share Adj P/E||11.61|
|FTSE All Share Yld||4.75%|
|15yr Gilt Yield||1.50%|
|10yr Gilt Yield||1.30%|
|10yr US Tres Yield||2.76%|
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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