Investment Market Update
Shares recent gains took a breather in Asia after further signs that China’s economy is cooling and ahead of US inflation data that may offer clues for monetary policy direction.
US stocks edged up on Wednesday, with shares closing at record highs for the second day in a row. Energy firms helped fuel the gains, as share prices rallied after a report that global demand for oil is up.
UK shares ended the day down as data showed wages were continuing to lag behind inflation resulting in a fall for sterling against the dollar. Lender Provident Financial, which made a management change last month, was the main FTSE 100 gainer, rising 1.32%.
- Landlords are likely to pull out of the UK housing sector in the coming year owing to policy changes, surveyors say. Nearly two-thirds of surveyors asked by their trade body said more landlords would exit the market than join it in the coming year. Investors have been hit by changes such as a stamp duty surcharge.
- The new £10 note featuring novelist Jane Austen has entered circulation - marking a return of a woman in addition to the Queen on Bank of England notes.
|FTSE All Share||4,043.10||-0.3%||4.4%||12.5%|
|FTSE Small Cap||5,700.64||0.0%||10.8%||11.0%|
|St. James's Place||1,127.00||-0.7%||14.9%||3.9%|
|Euro Stoxx 600||381.34||0.0%||5.5%||-1.2%|
|Dow Jones Ind||22,158.18||0.2%||12.1%||13.4%|
|MSCI AC Asia Pacific||162.65||-0.1%||20.4%||2.3%|
|MSCI World (Developed)||1,986.74||-0.1%||13.4%||5.3%|
|MSCI AC World (Dev & Em)||484.83||-0.1%||14.9%||5.6%|
|MSCI Emerging Markets||1,099.46||-0.3%||27.5%||8.6%|
|MSCI AC World Value||212.91||-0.1%||9.5%||9.5%|
|MSCI AC World Growth||260.18||-0.1%||20.7%||1.8%|
|FTSE Gilts All Stocks||3,572.34||0.0%||1.4%||8.5%|
|FTSE Index Linked All Stocks||645.70||0.2%||1.4%||21.2%|
|ML Sterling Corporate Bonds||396.88||0.0%||4.1%||10.7%|
|ML Global High Yield Bonds||373.25||0.0%||9.0%||15.0%|
|Brent Crude Oil||55.16||1.6%||-6.1%||23.4%|
|Consumer Goods and Services||22,012.02||0.0%||11.8%||9.6%|
|Oil & Gas||7,868.55||0.7%||-8.0%||54.2%|
|$ per £||1.33||0.5%||7.6%||-16.3%|
|€ per £||1.11||-0.1%||-5.4%||-15.7%|
|¥ per £||146.07||0.0%||1.1%||-22.7%|
|VIX Index (Volatility)||10.50||-0.8%||-25.2%||-22.9%|
|Baltic Dry Index||1,337.00||-0.5%||39.1%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.29%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.20|
|FTSE All Share Adj P/E||21.39|
|FTSE All Share Yld||3.82%|
|15yr Gilt Yield||1.51%|
|10yr Gilt Yield||1.15%|
|10yr US Tres Yield||2.19%|
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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