Investment Market Update
Asian stocks were up on Thursday, with markets shaking off some of the trade jitters seen overnight after the Trump administration announced a list of Chinese goods that may be subject to new tariffs.
US stocks were down on Wednesday as tensions between the two largest economies in the world, the US and China, increased further. Some investors fear it could morph into a full-on trade war.
UK stocks tumbled into the red on Wednesday as traders took risk off the table amid trade worries.
- US President Donald Trump's visit to the UK will be an opportunity to boost trade links and strengthen co-operation on security, Theresa May has said. Mr Trump, who arrives this afternoon for a two-day working visit, will spend time with the Queen and Mrs May.
- The battle for Sky intensified on Wednesday night as Comcast raised its bid for Sky, valuing the pay TV giant at £26bn. The move by the NBC owner came less than 24 hours after 21st Century Fox increased its offer to £24.5bn. Comcast said its sweetened offer has been recommended by Sky's independent committee of directors.
|FTSE All Share||4,176.22||-1.2%||-1.1%||9.0%|
|FTSE Small Cap||5,874.90||-0.8%||-0.6%||14.9%|
|St. James's Place||1,173.50||-0.7%||-4.3%||20.9%|
|Euro Stoxx 600||381.40||-1.3%||-2.0%||7.7%|
|Dow Jones Ind||24,700.45||-0.9%||-0.1%||25.1%|
|MSCI AC Asia Pacific||164.06||-1.0%||-5.6%||28.7%|
|MSCI World (Developed)||2,117.30||-0.9%||0.7%||20.1%|
|MSCI AC World (Dev & Em)||510.92||-0.9%||-0.4%||21.6%|
|MSCI Emerging Markets||1,064.72||-1.1%||-8.1%||34.2%|
|MSCI AC World Value||213.93||-1.0%||-4.5%||15.2%|
|MSCI AC World Growth||286.87||-0.7%||3.6%||28.3%|
|FTSE Gilts All Stocks||3,602.36||0.0%||0.4%||3.0%|
|FTSE Index Linked All Stocks||641.86||0.4%||-0.9%||2.3%|
|ML Sterling Corporate Bonds||394.28||0.0%||-1.6%||5.7%|
|ML Global High Yield Bonds||373.41||-0.1%||-1.1%||9.7%|
|Brent Crude Oil||73.40||-6.9%||13.3%||14.5%|
|Consumer Goods and Services||20,315.58||-0.5%||-9.1%||13.6%|
|Oil & Gas||9,788.23||-2.5%||8.0%||6.0%|
|$ per £||1.33||0.2%||-1.9%||9.5%|
|€ per £||1.13||-0.1%||0.3%||-4.0%|
|¥ per £||147.45||-0.3%||-3.1%||5.3%|
|VIX Index (Volatility)||13.63||7.8%||23.5%||-21.4%|
|Baltic Dry Index||1,586.00||2.0%||16.1%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.72%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.95|
|FTSE All Share Adj P/E||12.90|
|FTSE All Share Yld||4.01%|
|15yr Gilt Yield||1.56%|
|10yr Gilt Yield||1.29%|
|10yr US Tres Yield||2.85%|
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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