Investment Market Update
Asian stocks were cautious on Monday ahead of key central bank meetings this week. The Bank of Japan's monetary policy meeting ends today and the US Federal Reserve announces its rate decision tomorrow.
US stocks had a subdued start to the week, with the major indexes struggling. The S&P 500 closed the day lower by -0.6%.
UK stocks closed flat on the day. Biggest riser was GVC Holdings, up 5.4% on news of its joint venture with MGM Resorts to set up an online betting platform in the US.
- Bank of Japan Governor Haruhiko Kuroda pushed through changes to his radical easing program to increase its sustainability as the central bank prepares for a longer struggle to stoke inflation.
- The mood among British businesses and consumers stayed subdued in July as the Bank of England prepares to raise interest rates and Brexit looms on the horizon. UK firms’ confidence was unchanged at lowest level this year, said Lloyds Bank.
|FTSE All Share||4,232.13||0.0%||0.2%||9.0%|
|FTSE Small Cap||5,880.56||-0.4%||-0.5%||14.9%|
|St. James's Place||1,216.50||2.4%||-0.8%||20.9%|
|Euro Stoxx 600||390.92||-0.3%||0.4%||7.7%|
|Dow Jones Ind||25,306.83||-0.6%||2.4%||25.1%|
|MSCI AC Asia Pacific||168.08||-0.4%||-3.3%||28.7%|
|MSCI World (Developed)||2,148.25||-0.4%||2.1%||20.1%|
|MSCI AC World (Dev & Em)||518.93||-0.3%||1.2%||21.6%|
|MSCI Emerging Markets||1,090.14||-0.2%||-5.9%||34.2%|
|MSCI AC World Value||219.09||0.2%||-2.2%||15.2%|
|MSCI AC World Growth||289.05||-0.9%||4.4%||28.3%|
|FTSE Gilts All Stocks||3,580.55||-0.7%||-0.2%||3.0%|
|FTSE Index Linked All Stocks||637.48||-1.0%||-1.6%||2.3%|
|ML Sterling Corporate Bonds||393.70||-0.4%||-1.8%||5.7%|
|ML Global High Yield Bonds||376.71||0.1%||-0.2%||9.7%|
|Brent Crude Oil||74.97||0.9%||15.8%||14.5%|
|Consumer Goods and Services||21,023.68||0.0%||-6.0%||13.6%|
|Oil & Gas||9,618.67||-0.3%||6.2%||6.0%|
|$ per £||1.31||-0.3%||-3.0%||9.5%|
|€ per £||1.12||0.2%||-0.2%||-4.0%|
|¥ per £||145.51||-0.2%||-4.4%||5.3%|
|VIX Index (Volatility)||14.26||9.4%||29.2%||-21.4%|
|Baltic Dry Index||1,703.00||1.6%||24.7%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.79%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.81|
|FTSE All Share Adj P/E||12.83|
|FTSE All Share Yld||3.96%|
|15yr Gilt Yield||1.61%|
|10yr Gilt Yield||1.34%|
|10yr US Tres Yield||2.97%|
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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