Investment Market Update
Asian stocks posted their biggest daily rise in a month following gains in US shares.
US stocks increased following a rise in oil prices and strong corporate earnings.
UK stocks recorded its fourth straight week of gains having recovered some of the ground lost in the past two days.
- Scottish Power has won the right to build two offshore wind farms in the US which it says could eventually power 400,000 homes. The two sites combined are more than double the size of the energy giant's operations in the UK. The two farms will be off the coast of Massachusetts and North Carolina, and are expected to start generating power by 2022 and 2025 respectively.
- Asia-Pacific trade ministers have agreed to resuscitate the controversial Trans-Pacific Partnership (TPP) trade deal, despite US President Donald Trump abandoning it. Mr Trump signalled in January he would block the passage of the 12-nation pact in order to protect American jobs. Trade ministers from the 11 remaining countries have met in Vietnam to get the deal back on track.
|FTSE All Share||4,087.60||0.5%||5.5%||12.5%|
|FTSE Small Cap||5,597.00||0.4%||8.8%||11.0%|
|St. James's Place||1,169.00||0.1%||17.6%||3.9%|
|Euro Stoxx 600||391.51||0.6%||8.3%||-1.2%|
|Dow Jones Ind||20,804.84||0.7%||5.3%||13.4%|
|MSCI AC Asia Pacific||150.79||0.1%||11.7%||2.3%|
|MSCI World (Developed)||1,894.77||0.7%||8.2%||5.3%|
|MSCI AC World (Dev & Em)||459.64||0.7%||9.0%||5.6%|
|MSCI Emerging Markets||995.67||0.7%||15.5%||8.6%|
|MSCI AC World Value||203.80||0.8%||4.8%||9.5%|
|MSCI AC World Growth||244.36||0.7%||13.3%||1.8%|
|FTSE Gilts All Stocks||3,592.85||-0.1%||1.9%||8.5%|
|FTSE Index Linked All Stocks||657.93||0.3%||3.3%||21.2%|
|ML Sterling Corporate Bonds||393.94||-0.1%||3.3%||10.7%|
|ML Global High Yield Bonds||361.31||0.3%||5.5%||15.0%|
|Brent Crude Oil||53.61||2.1%||-8.7%||23.4%|
|Consumer Goods and Services||22,490.94||0.4%||14.3%||9.6%|
|Oil & Gas||7,944.18||0.5%||-7.1%||54.2%|
|$ per £||1.30||-0.3%||5.3%||-16.3%|
|€ per £||1.17||0.4%||-0.4%||-15.7%|
|¥ per £||144.20||-0.6%||-0.2%||-22.7%|
|VIX Index (Volatility)||12.04||-17.9%||-14.2%||-22.9%|
|Baltic Dry Index||956.00||-0.1%||-0.5%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.31%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||25.14|
|FTSE All Share Adj P/E||23.74|
|FTSE All Share Yld||3.80%|
|15yr Gilt Yield||1.47%|
|10yr Gilt Yield||1.09%|
|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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