Investment Market Update
Asian stocks pushed higher on Monday, with limited fallout from a tumultuous G-7 meeting at the weekend. The dollar steadied and the yen retreated as President Donald Trump readied for his summit in Singapore on Tuesday with North Korea’s Kim Jong Un.
US Stocks rose on Friday, adding to solid weekly gains, but their rise was kept in check amid increasing tensions between the US and key trade partners as the G-7 summit kicked off.
UK stocks ended lower on Friday with resource stocks taking a hit, while The UK communications giant BT confirmed that its chief executive Gavin Patterson was to step down later this year boosting shares by 1%.
- North Korean state media has raised the possibility that the isolated country could "establish a new relationship" with the United States. It comes a day before North Korean leader Kim Jong-un meets US President Donald Trump for historic talks. The comments mark a shift in tone from North Korea after decades of animosity towards the US.
- Demonstrators clashed with police in Vietnam in protests against plans for new economic zones that some fear will be dominated by Chinese investors. Some carried anti-China banners, including one reading: "No leasing land to China even for one day." The government proposed a law last year that would give foreign investors a 99-year lease on Vietnamese land.
|FTSE All Share||4,235.38||-0.2%||0.3%||9.0%|
|FTSE Small Cap||5,985.17||-0.3%||1.2%||14.9%|
|St. James's Place||1,193.00||-1.0%||-2.7%||20.9%|
|Euro Stoxx 600||385.12||-0.2%||-1.0%||7.7%|
|Dow Jones Ind||25,316.53||0.3%||2.4%||25.1%|
|MSCI AC Asia Pacific||174.87||-0.7%||0.6%||28.7%|
|MSCI World (Developed)||2,137.74||0.0%||1.6%||20.1%|
|MSCI AC World (Dev & Em)||519.15||-0.1%||1.2%||21.6%|
|MSCI Emerging Markets||1,135.39||-1.2%||-2.0%||34.2%|
|MSCI AC World Value||218.19||-0.2%||-2.6%||15.2%|
|MSCI AC World Growth||290.45||-0.1%||4.9%||28.3%|
|FTSE Gilts All Stocks||3,556.13||0.1%||-0.9%||3.0%|
|FTSE Index Linked All Stocks||628.43||0.6%||-3.0%||2.3%|
|ML Sterling Corporate Bonds||392.18||0.0%||-2.2%||5.7%|
|ML Global High Yield Bonds||373.56||-0.1%||-1.0%||9.7%|
|Brent Crude Oil||76.46||-1.1%||17.4%||14.5%|
|Consumer Goods and Services||19,935.12||0.6%||-10.9%||13.6%|
|Oil & Gas||9,793.41||-0.6%||8.1%||6.0%|
|$ per £||1.34||0.1%||-0.7%||9.5%|
|€ per £||1.14||-0.3%||0.9%||-4.0%|
|¥ per £||147.24||0.3%||-3.3%||5.3%|
|VIX Index (Volatility)||12.18||0.4%||10.3%||-21.4%|
|Baltic Dry Index||1,391.00||-0.3%||1.8%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.63%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||13.16|
|FTSE All Share Adj P/E||13.58|
|FTSE All Share Yld||3.94%|
|15yr Gilt Yield||1.68%|
|10yr Gilt Yield||1.39%|
|10yr US Tres Yield||2.95%|
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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