Investment Market Update
Asian stocks were mixed, as investors awaited an appearance by Federal Reserve Chair Janet Yellen for clues on the outlook for interest rates and the American economy.
US stocks ended the day mixed, while Treasuries advanced after disappointing economic data fuelled concerns about the outlook for the nation’s economy this year.
UK stocks rose, as shares in Whitbread, the owner of Premier Inn and Costa Coffee, led the risers to finish 2.1% higher. However, International Consolidated Airlines Group, the parent company of British Airways, and easyJet were the day's most consistent gainers.
- Cash will remain a part of our day-to-day lives for decades, the Bank of England's chief cashier has said on the 50th anniversary of the ATM. Victoria Cleland said that although the use of notes and coins in transactions is falling, cash is part of all the Bank's future plans.
- The US firm that supplied cladding used on London's Grenfell Tower says it has ended global sales of the product for use in high-rise blocks.
|FTSE All Share||4,073.45||0.2%||5.2%||12.5%|
|FTSE Small Cap||5,622.51||0.0%||9.3%||11.0%|
|St. James's Place||1,195.00||0.0%||20.2%||3.9%|
|Euro Stoxx 600||389.05||0.4%||7.6%||-1.2%|
|Dow Jones Ind||21,409.55||0.1%||8.3%||13.4%|
|MSCI AC Asia Pacific||155.59||0.3%||15.2%||2.3%|
|MSCI World (Developed)||1,927.49||0.1%||10.1%||5.3%|
|MSCI AC World (Dev & Em)||467.90||0.2%||10.9%||5.6%|
|MSCI Emerging Markets||1,019.11||0.7%||18.2%||8.6%|
|MSCI AC World Value||206.67||0.3%||6.3%||9.5%|
|MSCI AC World Growth||249.69||0.1%||15.8%||1.8%|
|FTSE Gilts All Stocks||3,610.65||0.0%||2.4%||8.5%|
|FTSE Index Linked All Stocks||648.44||-0.5%||1.8%||21.2%|
|ML Sterling Corporate Bonds||398.33||0.1%||4.5%||10.7%|
|ML Global High Yield Bonds||362.80||0.2%||5.9%||15.0%|
|Brent Crude Oil||45.83||0.6%||-22.1%||23.4%|
|Consumer Goods and Services||22,775.15||0.5%||15.7%||9.6%|
|Oil & Gas||7,687.71||0.2%||-10.1%||54.2%|
|$ per £||1.27||0.0%||3.1%||-16.3%|
|€ per £||1.14||-0.1%||-3.1%||-15.7%|
|¥ per £||141.55||-0.4%||-2.0%||-22.7%|
|VIX Index (Volatility)||9.90||-1.2%||-29.5%||-22.9%|
|Baltic Dry Index||884.00||1.6%||-8.0%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.30%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.70%|
|Yields / Ratios|
|FTSE 100 Adj P/E||24.98|
|FTSE All Share Adj P/E||23.49|
|FTSE All Share Yld||3.82%|
|15yr Gilt Yield||1.39%|
|10yr Gilt Yield||1.01%|
|10yr US Tres Yield||2.14%|
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