Investment Market Update
Asian shares were mixed, though Japan’s Nikkei 225 gained 1%. Elsewhere, South Korea also gained while India and China fell slightly.
US stocks reversed early losses to extend a rally into a sixth day as Federal Reserve Chair Janet Yellen told Congress more interest-rate hikes would be appropriate if the US economy stays on course.
UK stocks closed slightly lower despite healthy results from travel firm Tui, after the company said first-quarter losses had narrowed and UK bookings were up 10%. Rolls Royce was the biggest faller on the index after it reported a pre-tax loss of £4.6 billion.
- UK inflation picked up less than economists forecast in January as clothing-store discounts kept the raste from reaching the Bank of England's target. The increase to 1.8% was slightly less than the 1.9% forecast. The pound weakened on the announcement.
- The UK government is seeking to convince Donald Trump to support the landmark Paris climate deal, touting the economic benefits of clean energy while steering clear of the debate about climate science, according to a person familiar with the discussions.
|FTSE All Share||3,957.59||-0.10%||2.20%||12.45%|
|FTSE Small Cap||5,339.26||0.00%||3.80%||10.97%|
|St. James's Place||1,097.00||0.50%||8.20%||3.85%|
|Euro Stoxx 600||370.2||0.00%||2.40%||-1.20%|
|Dow Jones Ind||20,504.41||0.50%||3.80%||13.42%|
|MSCI AC Asia Pacific||143.354||-0.70%||6.20%||2.34%|
|MSCI World (Developed)||1,823.63||0.00%||4.10%||5.32%|
|MSCI AC World (Dev & Em)||441.136||0.00%||4.60%||5.63%|
|MSCI Emerging Markets||934.08||-0.10%||8.30%||8.58%|
|MSCI AC World Value||200.887||0.10%||3.30%||9.50%|
|MSCI AC World Growth||228.295||-0.10%||5.90%||1.81%|
|FTSE Gilts All Stocks||3,485.12||-0.10%||-1.10%||8.51%|
|FTSE Index Linked All Stocks||638.87||0.00%||0.30%||21.23%|
|ML Sterling Corporate Bonds||379.465||-0.10%||-0.50%||10.75%|
|ML Global High Yield Bonds||350.16||0.00%||2.20%||15.01%|
|Brent Crude Oil||55.97||0.70%||-2.60%||23.39%|
|Consumer Goods and Services||20,546.31||-0.80%||4.40%||9.56%|
|Oil & Gas||8,083.73||0.00%||-5.40%||54.21%|
|$ per £||1.24618||-0.10%||1.00%||-16.25%|
|€ per £||1.17809||-0.20%||0.40%||-15.73%|
|¥ per £||142.48901||-0.10%||-1.40%||-22.69%|
|VIX Index (Volatility)||10.74||-3.00%||-23.50%||-22.90%|
|Baltic Dry Index||685||-0.40%||-28.70%||101.05%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.00%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||27.08299|
|FTSE All Share Adj P/E||24.66999|
|FTSE All Share Yld||3.82%|
|15yr Gilt Yield||1.72%|
|10yr Gilt Yield||1.31%|
|10yr US Tres Yield||2.47%|
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.