Investment Market Update
Asian stocks advanced as fears of escalating geopolitical risk eased following US President Donald Trump’s tempered response to North Korea’s launch of a ballistic missile across Japan.
US stocks recovered at the close from steep early losses brought by fears of escalation of hostilities in the Korean Peninsula.
UK stocks fell, as part of a selloff in global equity markets after North Korea launched a ballistic missile over Japan.
- One in five people struggling with debts has seen their credit card limit automatically increased - a higher proportion than for cardholders in general, a charity has claimed. Citizens Advice said 18% of those struggling financially had seen the limit increased without request, compared with 12% overall. It wants a ban on increases without a cardholder's explicit consent.
- Changing the US tax system will be very hard for President Trump, says a former leading adviser to the White House. Mr Trump is expected to outline more of his thinking on such changes today, after making the idea a cornerstone of his election campaign.
|FTSE All Share||4,021.42||-0.8%||3.8%||12.5%|
|FTSE Small Cap||5,660.25||-0.2%||10.1%||11.0%|
|St. James's Place||1,172.00||-1.4%||17.9%||3.9%|
|Euro Stoxx 600||368.42||-1.0%||1.9%||-1.2%|
|Dow Jones Ind||21,865.37||0.3%||10.6%||13.4%|
|MSCI AC Asia Pacific||160.19||-0.2%||18.6%||2.3%|
|MSCI World (Developed)||1,945.05||-0.1%||11.1%||5.3%|
|MSCI AC World (Dev & Em)||474.91||-0.1%||12.6%||5.6%|
|MSCI Emerging Markets||1,081.23||-0.4%||25.4%||8.6%|
|MSCI AC World Value||209.04||-0.2%||7.5%||9.5%|
|MSCI AC World Growth||254.27||0.0%||17.9%||1.8%|
|FTSE Gilts All Stocks||3,624.98||0.5%||2.8%||8.5%|
|FTSE Index Linked All Stocks||660.93||1.4%||3.8%||21.2%|
|ML Sterling Corporate Bonds||401.20||0.4%||5.2%||10.7%|
|ML Global High Yield Bonds||371.37||0.1%||8.4%||15.0%|
|Brent Crude Oil||52.00||0.2%||-11.6%||23.4%|
|Consumer Goods and Services||22,011.39||-1.0%||11.8%||9.6%|
|Oil & Gas||7,723.59||-0.9%||-9.6%||54.2%|
|$ per £||1.29||0.0%||4.8%||-16.3%|
|€ per £||1.08||0.4%||-8.0%||-15.7%|
|¥ per £||141.23||0.1%||-2.3%||-22.7%|
|VIX Index (Volatility)||11.70||3.4%||-16.7%||-22.9%|
|Baltic Dry Index||1,203.00||-0.5%||25.2%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.00%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.05|
|FTSE All Share Adj P/E||21.18|
|FTSE All Share Yld||3.85%|
|15yr Gilt Yield||1.38%|
|10yr Gilt Yield||1.00%|
|10yr US Tres Yield||2.13%|
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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