Investment Market Update
Asian stocks dipped in a holiday-hit trading session Tuesday, with the dollar and US Treasuries little changed as crude oil held around its highest New York level since 2014.
US stocks start the new week on the front foot after the Trump administration said it has put its trade war with China “on hold”
UK stocks rose, as traders welcomed news over the weekend that China and the US reached an agreement that eases trade tensions between the world’s two largest economies.
- The cost of fuel has reached a three-and-a-half-year high, putting more pressure on consumers' already squeezed incomes. At the pumps, the average price of petrol has risen to 127.22p a litre and diesel to 129.96p a litre, following a rapid rise in the oil price.
- Sony says it has agreed to buy a controlling stake in EMI Music Publishing for $2.3bn (£1.71bn) as it looks to boost its music portfolio. The deal would mean Sony would indirectly own about 90% of the firm and its some two million songs by artists from Queen and Carole King to Alicia Keys and Pharrell Williams.
|FTSE All Share||4,314.70||1.0%||2.2%||9.0%|
|FTSE Small Cap||6,048.96||0.4%||2.3%||14.9%|
|St. James's Place||1,217.50||1.1%||-0.7%||20.9%|
|Euro Stoxx 600||395.87||0.3%||1.7%||7.7%|
|Dow Jones Ind||25,013.29||1.2%||1.2%||25.1%|
|MSCI AC Asia Pacific||174.20||-0.1%||0.2%||28.7%|
|MSCI World (Developed)||2,130.72||0.5%||1.3%||20.1%|
|MSCI AC World (Dev & Em)||517.72||0.4%||0.9%||21.6%|
|MSCI Emerging Markets||1,136.49||-0.1%||-1.9%||34.2%|
|MSCI AC World Value||219.87||0.3%||-1.9%||15.2%|
|MSCI AC World Growth||286.86||0.5%||3.6%||28.3%|
|FTSE Gilts All Stocks||3,535.73||0.0%||-1.5%||3.0%|
|FTSE Index Linked All Stocks||621.89||0.0%||-4.0%||2.3%|
|ML Sterling Corporate Bonds||392.40||0.0%||-2.1%||5.7%|
|ML Global High Yield Bonds||373.51||0.0%||-1.0%||9.7%|
|Brent Crude Oil||79.22||0.9%||21.0%||14.5%|
|Consumer Goods and Services||20,203.89||0.3%||-9.6%||13.6%|
|Oil & Gas||10,214.77||1.2%||12.7%||6.0%|
|$ per £||1.35||0.4%||-0.3%||9.5%|
|€ per £||1.14||0.4%||1.6%||-4.0%|
|¥ per £||149.18||0.2%||-2.0%||5.3%|
|VIX Index (Volatility)||13.08||-2.5%||18.5%||-21.4%|
|Baltic Dry Index||1,239.00||-2.7%||-9.3%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.62%|
|Consumer Price Index||2.50%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||13.38|
|FTSE All Share Adj P/E||13.79|
|FTSE All Share Yld||3.86%|
|15yr Gilt Yield||1.75%|
|10yr Gilt Yield||1.48%|
|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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