Investment Market Update
Asian stocks fell with US equity-index futures and the yen advanced as investors assessed prospects for continuing trade tensions between US and China.
US stocks rose as investors tried to shake off concerns around tensions between the US and China, with energy shares rising.
UK stocks finished higher on Friday as resource stocks did well as OPEC agreed to lift supply and put more barrels into the market. OPEC met in Vienna in what was a heated meeting, but resulted in an agreement to add 1 million barrels.
- MPs will decide whether to build a third runway at Heathrow airport later, in a vote likely to expose splits in both Labour and Tory ranks. The spotlight is on Boris Johnson, who vowed to lie in front of bulldozers to stop Heathrow's expansion. The foreign secretary is facing criticism for missing the vote, as he will be promoting UK trade abroad.
- A London court will consider later today if Uber is "fit and proper" to hold an operator licence in the capital. The taxi app company will make its case at Westminster Magistrates' Court in a hearing expected to last several days. Last September, Transport for London refused to renew Uber's licence on grounds of public safety and security.
|FTSE All Share||4,230.43||1.6%||0.2%||9.0%|
|FTSE Small Cap||5,965.80||0.5%||0.9%||14.9%|
|St. James's Place||1,182.50||1.2%||-3.5%||20.9%|
|Euro Stoxx 600||385.01||1.1%||-1.1%||7.7%|
|Dow Jones Ind||24,580.89||0.5%||-0.6%||25.1%|
|MSCI AC Asia Pacific||169.23||0.1%||-2.6%||28.7%|
|MSCI World (Developed)||2,114.90||0.4%||0.5%||20.1%|
|MSCI AC World (Dev & Em)||511.68||0.5%||-0.3%||21.6%|
|MSCI Emerging Markets||1,088.00||0.7%||-6.1%||34.2%|
|MSCI AC World Value||214.28||0.7%||-4.4%||15.2%|
|MSCI AC World Growth||287.26||0.2%||3.8%||28.3%|
|FTSE Gilts All Stocks||3,589.60||-0.3%||0.0%||3.0%|
|FTSE Index Linked All Stocks||638.50||-0.2%||-1.4%||2.3%|
|ML Sterling Corporate Bonds||395.09||-0.2%||-1.4%||5.7%|
|ML Global High Yield Bonds||373.62||0.1%||-1.0%||9.7%|
|Brent Crude Oil||75.55||3.4%||16.0%||14.5%|
|Consumer Goods and Services||20,358.68||1.5%||-9.0%||13.6%|
|Oil & Gas||9,761.25||3.3%||7.7%||6.0%|
|$ per £||1.32||-0.1%||-2.0%||9.5%|
|€ per £||1.14||0.3%||1.4%||-4.0%|
|¥ per £||145.67||-0.1%||-4.3%||5.3%|
|VIX Index (Volatility)||13.77||-5.9%||24.7%||-21.4%|
|Baltic Dry Index||1,341.00||-0.4%||-1.8%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.64%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.30%|
|Yields / Ratios|
|FTSE 100 Adj P/E||13.22|
|FTSE All Share Adj P/E||13.19|
|FTSE All Share Yld||3.96%|
|15yr Gilt Yield||1.61%|
|10yr Gilt Yield||1.32%|
|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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