Investment Market Update
Asian stocks increased and the yen weakened as investors await the details of a "comprehensive" and historic document signed by US President Donald Trump and North Korean dictator Kim Jong Un.
US Stocks closed slightly higher as investors shrugged off concerns over a tumultuous G7 meeting over the weekend at which President Donald Trump lashed out at US allies.
UK stocks posted their best session in nearly two weeks, buoyed as the pound pulled back in value, and as investors took on risk ahead of what’s set to be a historic meeting between US President Donald Trump and North Korean leader Kim Jong Un.
- The economic "bounce-back" expected by the Bank of England is struggling to materialise, according to a leading economic forecaster. The National Institute for Economic and Social Research (NIESR) said growth between March and May was just 0.2%. The Office for National Statistics' official figures put growth at 0.1% for the first three months of the year.
- Poundworld's founder has said he is considering buying back some of the discount retailer's stores after it fell into administration on Monday. Christopher Edwards, 67, who sold the business in 2015 for £150m to TPG Capital, said the chain could be saved with fresh management. But he said no deal had been finalised and the discounter would only survive another two weeks without a buyer, putting some 5,100 jobs at risk.
|FTSE All Share||4,265.71||0.7%||1.0%||9.0%|
|FTSE Small Cap||5,996.18||0.2%||1.4%||14.9%|
|St. James's Place||1,214.00||1.8%||-1.0%||20.9%|
|Euro Stoxx 600||387.94||0.7%||-0.3%||7.7%|
|Dow Jones Ind||25,322.31||0.0%||2.4%||25.1%|
|MSCI AC Asia Pacific||175.05||0.1%||0.7%||28.7%|
|MSCI World (Developed)||2,144.20||0.3%||1.9%||20.1%|
|MSCI AC World (Dev & Em)||520.76||0.3%||1.5%||21.6%|
|MSCI Emerging Markets||1,139.46||0.4%||-1.6%||34.2%|
|MSCI AC World Value||218.83||0.3%||-2.3%||15.2%|
|MSCI AC World Growth||291.40||0.3%||5.3%||28.3%|
|FTSE Gilts All Stocks||3,552.89||-0.1%||-1.0%||3.0%|
|FTSE Index Linked All Stocks||628.97||0.1%||-2.9%||2.3%|
|ML Sterling Corporate Bonds||392.17||0.0%||-2.2%||5.7%|
|ML Global High Yield Bonds||374.06||0.1%||-0.9%||9.7%|
|Brent Crude Oil||76.46||0.0%||17.4%||14.5%|
|Consumer Goods and Services||20,137.99||1.0%||-9.9%||13.6%|
|Oil & Gas||9,873.96||0.8%||9.0%||6.0%|
|$ per £||1.34||0.2%||-0.8%||9.5%|
|€ per £||1.14||0.4%||1.2%||-4.0%|
|¥ per £||146.86||-0.2%||-3.5%||5.3%|
|VIX Index (Volatility)||12.35||1.4%||11.9%||-21.4%|
|Baltic Dry Index||1,387.00||-0.3%||1.5%||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||13.25|
|FTSE All Share Adj P/E||13.68|
|FTSE All Share Yld||3.92%|
|15yr Gilt Yield||1.70%|
|10yr Gilt Yield||1.41%|
|10yr US Tres Yield||2.95%|
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