Investment Market Update
Asian stocks extended gains on Friday after Wall Street’s S&P 500 set a new all-time high.
US stocks vaulted to a record high on Thursday as investors brushed aside fears over the escalating international trade war and instead focused on a booming American economy.
UK stocks closed in positive territory on Thursday, with US stocks also ahead and miners adding plenty of support.
- The US has imposed sanctions on the Chinese military over its purchasing of Russian military jets and surface-to-air missiles. It says such purchases contravene US sanctions on Moscow introduced over Russian actions in Ukraine and alleged interference in US politics.
- The troubled US bank Wells Fargo is planning a steep reduction of staff that could affect more than 26,000 people. The firm said it expects headcount to decline by 5% to 10% over the next three years, through a combination of cuts and regular attrition.
|FTSE All Share||4,072.14||0.4%||-3.5%||9.0%|
|FTSE Small Cap||5,807.69||-0.1%||-1.8%||14.9%|
|St. James's Place||1,138.50||2.4%||-7.1%||20.9%|
|Euro Stoxx 600||382.63||0.7%||-1.7%||7.7%|
|Dow Jones Ind||26,656.98||1.0%||7.8%||25.1%|
|MSCI AC Asia Pacific||164.42||0.2%||-5.4%||28.7%|
|MSCI World (Developed)||2,195.68||0.8%||4.4%||20.1%|
|MSCI AC World (Dev & Em)||526.14||0.8%||2.6%||21.6%|
|MSCI Emerging Markets||1,036.93||0.6%||-10.5%||34.2%|
|MSCI AC World Value||220.93||0.8%||-1.4%||15.2%|
|MSCI AC World Growth||294.60||0.8%||6.4%||28.3%|
|FTSE Gilts All Stocks||3,535.36||0.3%||-1.5%||3.0%|
|FTSE Index Linked All Stocks||625.93||0.8%||-3.4%||2.3%|
|ML Sterling Corporate Bonds||392.30||0.2%||-2.1%||5.7%|
|ML Global High Yield Bonds||379.18||0.2%||0.5%||9.7%|
|Brent Crude Oil||78.70||-0.9%||22.9%||14.5%|
|Consumer Goods and Services||19,722.38||0.5%||-11.8%||13.6%|
|Oil & Gas||9,356.61||0.2%||3.3%||6.0%|
|$ per £||1.32||-0.6%||-2.6%||9.5%|
|€ per £||1.13||0.0%||0.1%||-4.0%|
|¥ per £||147.69||-0.9%||-3.0%||5.3%|
|VIX Index (Volatility)||11.80||0.4%||6.9%||-21.4%|
|Baltic Dry Index||1,396.00||1.7%||2.2%||42.1%|
|BoE Base Rate||0.75%|
|LIBOR (3 months)||0.80%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.30|
|FTSE All Share Adj P/E||12.36|
|FTSE All Share Yld||4.17%|
|15yr Gilt Yield||1.72%|
|10yr Gilt Yield||1.59%|
|10yr US Tres Yield||3.06%|
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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