Investment Market Update
Asian stocks traded mixed Wednesday as yields on Treasuries retreated from a seven-year peak. The dollar edged lower against major peers.
US stocks ended mixed for the second day running on Tuesday as yields on Treasuries retreated from a seven-year high and the IMF cut its global growth forecasts, citing the negative effect of recent tariff actions.
UK stocks closed marginally higher on Tuesday. Brexit negotiations and Italy's budget deficit continues to have an affect on investors appetite towards risk.
- Tencent Holdings Ltd, the Chinese Internet giant, has lost its spot as one of the world’s 10 biggest companies. After shedding over $200 billion in market value this year, more than any other company worldwide, Tencent has been replaced by Exxon Mobil Corp.
British and European Union officials are locked in talks in Brussels over a compromise Brexit deal that could see the U.K. remain temporarily in the EU’s customs regime.
|FTSE All Share||3,978.64||0.0%||-5.8%||9.0%|
|FTSE Small Cap||5,657.43||-0.3%||-4.3%||14.9%|
|St. James's Place||1,100.50||0.0%||-10.2%||20.9%|
|Euro Stoxx 600||372.93||0.2%||-4.2%||7.7%|
|Dow Jones Ind||26,430.57||-0.2%||6.9%||25.1%|
|MSCI AC Asia Pacific||157.38||-0.9%||-9.5%||28.7%|
|MSCI World (Developed)||2,138.46||-0.2%||1.7%||20.1%|
|MSCI AC World (Dev & Em)||511.55||-0.2%||-0.3%||21.6%|
|MSCI Emerging Markets||993.99||-0.2%||-14.2%||34.2%|
|MSCI AC World Value||216.54||-0.2%||-3.3%||15.2%|
|MSCI AC World Growth||284.23||-0.2%||2.7%||28.3%|
|FTSE Gilts All Stocks||3,497.29||-0.3%||-2.6%||3.0%|
|FTSE Index Linked All Stocks||629.24||-0.3%||-2.9%||2.3%|
|ML Sterling Corporate Bonds||390.22||-0.1%||-2.6%||5.7%|
|ML Global High Yield Bonds||376.74||-0.2%||-0.2%||9.7%|
|Brent Crude Oil||85.00||1.3%||33.6%||14.5%|
|Consumer Goods and Services||19,295.31||-0.1%||-13.7%||13.6%|
|Oil & Gas||9,697.02||0.8%||7.0%||6.0%|
|$ per £||1.31||-0.4%||-3.2%||9.5%|
|€ per £||1.14||-0.4%||1.1%||-4.0%|
|¥ per £||147.66||-0.6%||-3.0%||5.3%|
|VIX Index (Volatility)||15.95||1.7%||44.5%||-21.4%|
|Baltic Dry Index||1,503.00||-1.8%||10.0%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.80%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.14|
|FTSE All Share Adj P/E||12.14|
|FTSE All Share Yld||4.26%|
|15yr Gilt Yield||1.87%|
|10yr Gilt Yield||1.72%|
|10yr US Tres Yield||3.21%|
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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