Investment Market Update
Asian stocks traded mixed Tuesday as investors pondered concerns about the outlook for global trade and American politics.
US stocks closed lower Monday as the US-China trade war entered a new phase when tariffs on billions of dollars of products took effect.
UK stocks closed in the red, as the trade tariffs kick in, leaving investors very concerned about continued trade tensions.
- A no-deal Brexit could cause disruption to air travel between the UK and European Union countries, the government has warned. This worst-case scenario is set out in the latest batch of documents outlining what what would happen to key industries if no agreement is reached.
- Versace, the Italian fashion house founded by Gianni Versace 40 years ago, is set to be bought by Michael Kors. The US fashion group has agreed to buy the Italian firm in a deal worth about €1.7bn ($2bn, £1.5bn).
|FTSE All Share||4,110.71||-0.4%||-2.6%||9.0%|
|FTSE Small Cap||5,816.73||-0.3%||-1.6%||14.9%|
|St. James's Place||1,131.00||-1.0%||-7.7%||20.9%|
|Euro Stoxx 600||382.14||-0.6%||-1.8%||7.7%|
|Dow Jones Ind||26,562.05||-0.7%||7.5%||25.1%|
|MSCI AC Asia Pacific||165.15||-0.6%||-5.0%||28.7%|
|MSCI World (Developed)||2,193.01||-0.3%||4.3%||20.1%|
|MSCI AC World (Dev & Em)||525.87||-0.4%||2.5%||21.6%|
|MSCI Emerging Markets||1,042.35||-0.9%||-10.0%||34.2%|
|MSCI AC World Value||220.78||-0.6%||-1.4%||15.2%|
|MSCI AC World Growth||294.50||-0.2%||6.4%||28.3%|
|FTSE Gilts All Stocks||3,528.71||-0.6%||-1.7%||3.0%|
|FTSE Index Linked All Stocks||628.21||-0.6%||-3.0%||2.3%|
|ML Sterling Corporate Bonds||391.98||-0.4%||-2.2%||5.7%|
|ML Global High Yield Bonds||379.61||0.1%||0.6%||9.7%|
|Brent Crude Oil||81.20||3.0%||26.8%||14.5%|
|Consumer Goods and Services||19,748.71||-1.3%||-11.7%||13.6%|
|Oil & Gas||9,634.57||0.8%||6.3%||6.0%|
|$ per £||1.31||-0.4%||-3.3%||9.5%|
|€ per £||1.11||-0.2%||-1.1%||-4.0%|
|¥ per £||147.22||-0.4%||-3.3%||5.3%|
|VIX Index (Volatility)||12.20||4.5%||10.5%||-21.4%|
|Baltic Dry Index||1,434.00||1.5%||5.0%||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||12.46|
|FTSE All Share Adj P/E||12.48|
|FTSE All Share Yld||4.15%|
|15yr Gilt Yield||1.76%|
|10yr Gilt Yield||1.61%|
|10yr US Tres Yield||3.09%|
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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