Investment Market Update
Asian stocks fell on Monday led by Japanese stocks after the US dollar broadly dropped against major currencies on President Donald Trump's criticism of the Federal Reserve.
The US dollar has declined against major currencies to its lowest in more than two weeks after US President Donald Trump criticised the Federal Reserve's tightening policy, while stocks slipped on fears of further trade protectionist measures.
UK stocks were slightly lower slightly as global trade uncertainty spurred demand for defensive stocks and earnings filtered through.
- The number of profit warnings by FTSE-listed retailers has doubled over the past year, as the sector has been hit by rising costs and subdued spending. According to EY, there were 20 profit warnings in the first half of 2018, double those issued a year earlier.
- More than 100,000 Ryanair passengers could be in line for compensation after their flights were cancelled because of strikes. The Civil Aviation Authority (CAA) has urged Ryanair customers to claim under European flight rules. Earlier this month the airline cancelled 30 flights between Ireland and the UK, due to a 24-hour strike.
|FTSE All Share||4,224.50||0.0%||0.1%||9.0%|
|FTSE Small Cap||5,903.13||0.0%||-0.1%||14.9%|
|St. James's Place||1,211.50||0.2%||-1.2%||20.9%|
|Euro Stoxx 600||385.62||-0.1%||-0.9%||7.7%|
|Dow Jones Ind||25,058.12||0.0%||1.4%||25.1%|
|MSCI AC Asia Pacific||165.90||0.8%||-4.5%||28.7%|
|MSCI World (Developed)||2,139.17||0.2%||1.7%||20.1%|
|MSCI AC World (Dev & Em)||515.89||0.3%||0.6%||21.6%|
|MSCI Emerging Markets||1,070.07||0.9%||-7.6%||34.2%|
|MSCI AC World Value||214.70||0.2%||-4.2%||15.2%|
|MSCI AC World Growth||291.33||0.3%||5.3%||28.3%|
|FTSE Gilts All Stocks||3,623.00||-0.3%||0.9%||3.0%|
|FTSE Index Linked All Stocks||647.57||-0.3%||0.0%||2.3%|
|ML Sterling Corporate Bonds||396.18||-0.3%||-1.2%||5.7%|
|ML Global High Yield Bonds||374.80||0.2%||-0.7%||9.7%|
|Brent Crude Oil||73.07||0.7%||12.8%||14.5%|
|Consumer Goods and Services||20,855.26||1.1%||-6.7%||13.6%|
|Oil & Gas||9,780.99||-0.4%||8.0%||6.0%|
|$ per £||1.30||-1.1%||-3.9%||9.5%|
|€ per £||1.12||-0.1%||-0.6%||-4.0%|
|¥ per £||146.60||0.2%||-3.7%||5.3%|
|VIX Index (Volatility)||12.86||-0.1%||16.5%||-21.4%|
|Baltic Dry Index||1,689.00||1.9%||23.6%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.76%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||13.10|
|FTSE All Share Adj P/E||13.05|
|FTSE All Share Yld||3.96%|
|15yr Gilt Yield||1.51%|
|10yr Gilt Yield||1.23%|
|10yr US Tres Yield||2.89%|
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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