Investment Market Update
Asian investors deferred taking any major positions ahead of the Federal Reserve’s policy meeting that’s expected to focus on unwinding stimulus efforts. However, Japan gained 2%, playing catch-up from the day before.
US markets closed at record highs again on Monday, led by financial companies that would benefit from interest rate rises.
UK stocks closed higher after Mark Carney suggested any rate rise would be "gradual and limited". Shares in BAE Systems gained nearly 4% after Qatar signed a letter of intent to buy 24 Typhoon jets from the company.
- Toys R Us Inc. filed for bankruptcy as the retailer, loaded with debt after a buyout more than ten years ago, failed to keep consumers from shopping online and searching for lower prices elsewhere.
- President Donald Trump will call on world leaders to confront North Korea and Iran in his first address to the United Nations on Tuesday, seeking a broad alliance against the two countries his administration considers the world’s gravest threats.
|FTSE All Share||3,981.58||0.50%||2.80%||12.45%|
|FTSE Small Cap||5,663.39||0.40%||10.10%||10.97%|
|St. James's Place||1,126.00||1.60%||14.80%||3.85%|
|Euro Stoxx 600||381.95||0.30%||5.70%||-1.20%|
|Dow Jones Ind||22,331.35||0.30%||13.00%||13.42%|
|MSCI AC Asia Pacific||163.217||0.50%||20.90%||2.34%|
|MSCI World (Developed)||1,990.58||0.10%||13.70%||5.32%|
|MSCI AC World (Dev & Em)||486.356||0.20%||15.30%||5.63%|
|MSCI Emerging Markets||1,112.92||1.00%||29.10%||8.58%|
|MSCI AC World Value||213.945||0.30%||10.10%||9.50%|
|MSCI AC World Growth||260.563||0.20%||20.80%||1.81%|
|FTSE Gilts All Stocks||3,525.76||0.10%||0.00%||8.51%|
|FTSE Index Linked All Stocks||623.03||-0.40%||-2.20%||21.23%|
|ML Sterling Corporate Bonds||392.91||0.10%||3.10%||10.75%|
|ML Global High Yield Bonds||374.267||0.10%||9.30%||15.01%|
|Brent Crude Oil||55.48||-0.30%||-5.60%||23.39%|
|Consumer Goods and Services||21,601.47||0.10%||9.70%||9.56%|
|Oil & Gas||7,768.24||0.50%||-9.10%||54.21%|
|$ per £||1.3594||0.80%||10.20%||-16.25%|
|€ per £||1.1375||0.70%||-3.00%||-15.73%|
|¥ per £||150.689||0.20%||4.30%||-22.69%|
|VIX Index (Volatility)||10.15||-0.20%||-27.70%||-22.90%|
|Baltic Dry Index||1,398.00||0.90%||45.50%||101.05%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.33%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||21.7999|
|FTSE All Share Adj P/E||21.04608|
|FTSE All Share Yld||3.85%|
|15yr Gilt Yield||1.63%|
|10yr Gilt Yield||1.30%|
|10yr US Tres Yield||2.23%|
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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