Investment Market Update
Asian stocks extended gains for a fourth day after US stocks rose to a record as Hurricane Irma wreaked less damage than forecast and the United Nations’ sanctions against North Korea weren’t as stringent as expected.
US stocks rose to a record, the dollar strengthened and Treasuries tumbled as investors piled into riskier assets after Hurricane Irma wreaked less damage than forecast and North Korea failed to exacerbate tensions.
UK stocks rose, with the FTSE 100 index ending the day 0.5% higher. The shares showing the biggest increases on the day were the troubled money lender Provident Financial and the airline Easyjet.
- The government's bid to extract the UK from EU law in time for Brexit has passed its first parliamentary test. MPs backed the EU Withdrawal Bill by 326 votes to 290.
- Volkswagen, the world's biggest carmaker, will offer an electric version of all its 300 models by 2030, becoming the latest manufacturer to move away from petrol and diesel.
|FTSE All Share||4,061.86||0.5%||4.9%||12.5%|
|FTSE Small Cap||5,715.54||0.0%||11.1%||11.0%|
|St. James's Place||1,150.00||0.7%||17.2%||3.9%|
|Euro Stoxx 600||379.43||1.0%||5.0%||-1.2%|
|Dow Jones Ind||22,057.37||1.2%||11.6%||13.4%|
|MSCI AC Asia Pacific||162.29||0.5%||20.2%||2.3%|
|MSCI World (Developed)||1,981.97||0.9%||13.2%||5.3%|
|MSCI AC World (Dev & Em)||483.79||0.9%||14.7%||5.6%|
|MSCI Emerging Markets||1,099.18||0.7%||27.5%||8.6%|
|MSCI AC World Value||212.15||0.9%||9.1%||9.5%|
|MSCI AC World Growth||259.97||0.8%||20.6%||1.8%|
|FTSE Gilts All Stocks||3,613.95||-0.5%||2.5%||8.5%|
|FTSE Index Linked All Stocks||659.92||-1.0%||3.6%||21.2%|
|ML Sterling Corporate Bonds||400.14||-0.3%||5.0%||10.7%|
|ML Global High Yield Bonds||373.39||0.0%||9.0%||15.0%|
|Brent Crude Oil||53.84||0.1%||-8.4%||23.4%|
|Consumer Goods and Services||22,276.40||-0.2%||13.2%||9.6%|
|Oil & Gas||7,831.94||0.4%||-8.4%||54.2%|
|$ per £||1.32||0.2%||7.0%||-16.3%|
|€ per £||1.10||-0.4%||-6.5%||-15.7%|
|¥ per £||142.33||-1.0%||-1.5%||-22.7%|
|VIX Index (Volatility)||10.73||-11.5%||-23.6%||-22.9%|
|Baltic Dry Index||1,355.00||1.7%||41.0%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.29%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.31|
|FTSE All Share Adj P/E||21.47|
|FTSE All Share Yld||3.81%|
|15yr Gilt Yield||1.41%|
|10yr Gilt Yield||1.04%|
|10yr US Tres Yield||2.13%|
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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Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.