Investment Market Update
Asian stocks fell as investors assessed the outlook for global growth with no end in sight for trade tensions.
US stocks rose as a rise in energy stocks and Apple helped overcome another flare-up in trade tensions.
UK stocks edged down on Tuesday amid rising tensions between Washington and Beijing, while Ashtead rose on results.
The substantial impact of the financial crisis has left people's wages 3% below what they were a decade ago, new research reveals. The analysis done for the BBC by the Institute for Fiscal Studies shows that on average people's real annual wages are £800 lower. And that people who are aged between 30 and 39 now are earning £2,100 a year less than people of the same age group in 2008.
More than 250 free-to-use cash machines are disappearing a month as operators shut unprofitable ones, the network co-ordinator Link has said. There are 53,000 free machines in the UK - but the number is shrinking at a record rate as people use less cash. Now the Payment Services Regulator is cracking down on the closures and asking for more network protection.
|FTSE All Share||4,019.28||-0.1%||-4.8%||9.0%|
|FTSE Small Cap||5,773.24||-0.2%||-2.3%||14.9%|
|St. James's Place||1,100.50||-0.5%||-10.2%||20.9%|
|Euro Stoxx 600||375.31||-0.1%||-3.6%||7.7%|
|Dow Jones Ind||25,971.06||0.4%||5.1%||25.1%|
|MSCI AC Asia Pacific||158.88||-0.1%||-8.6%||28.7%|
|MSCI World (Developed)||2,147.67||0.2%||2.1%||20.1%|
|MSCI AC World (Dev & Em)||514.03||0.1%||0.2%||21.6%|
|MSCI Emerging Markets||1,003.33||-0.8%||-13.4%||34.2%|
|MSCI AC World Value||214.53||-0.1%||-4.2%||15.2%|
|MSCI AC World Growth||289.51||0.3%||4.6%||28.3%|
|FTSE Gilts All Stocks||3,567.20||-0.3%||-0.6%||3.0%|
|FTSE Index Linked All Stocks||628.75||-0.1%||-2.9%||2.3%|
|ML Sterling Corporate Bonds||394.53||-0.2%||-1.6%||5.7%|
|ML Global High Yield Bonds||376.05||0.0%||-0.4%||9.7%|
|Brent Crude Oil||79.06||2.2%||23.5%||14.5%|
|Consumer Goods and Services||19,695.06||-0.9%||-11.9%||13.6%|
|Oil & Gas||9,145.71||1.2%||0.9%||6.0%|
|$ per £||1.30||0.2%||-3.6%||9.5%|
|€ per £||1.12||0.1%||-0.3%||-4.0%|
|¥ per £||144.79||-0.3%||-4.9%||5.3%|
|VIX Index (Volatility)||13.22||-6.6%||19.7%||-21.4%|
|Baltic Dry Index||1,439.00||-2.9%||5.3%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.80%|
|Consumer Price Index||2.50%|
|Retail Price Index||3.20%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.09|
|FTSE All Share Adj P/E||12.16|
|FTSE All Share Yld||4.20%|
|15yr Gilt Yield||1.65%|
|10yr Gilt Yield||1.50%|
|10yr US Tres Yield||2.98%|
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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