Investment Market Update
Asian stocks were mixed, though the regional share gauge still headed to cap the strongest week since early June, following a series of steps by China shifting to stimulus mode.
US equity indexes struggled to overcome Facebook Inc.’s historic plunge, as gains in energy and industrial sectors weren’t enough to offset the social network’s decline.
UK stocks closed flat, as investor positivity on a possible trade deal between the EU and the US was dampened by losses in oil stocks.
- Amazon has reported record quarterly profits helped by a rise in online sales and demand for its cloud services. Profits hit a record £1.9bn in the three months to the end of June - about 12 times more than it made during the same period last year.
- As the use of cash declines and digital payments increase, a new independent review has been set up to look at the impact on consumers. The Access to Cash Review will look at the impact of new technology, including contactless cards, over the next five to 15 years and examine future needs.
|FTSE All Share||4,212.10||0.1%||-0.2%||9.0%|
|FTSE Small Cap||5,887.02||0.0%||-0.4%||14.9%|
|St. James's Place||1,188.00||-0.1%||-3.1%||20.9%|
|Euro Stoxx 600||390.53||0.9%||0.3%||7.7%|
|Dow Jones Ind||25,527.07||0.4%||3.3%||25.1%|
|MSCI AC Asia Pacific||168.03||0.1%||-3.3%||28.7%|
|MSCI World (Developed)||2,161.93||0.0%||2.8%||20.1%|
|MSCI AC World (Dev & Em)||521.80||0.0%||1.7%||21.6%|
|MSCI Emerging Markets||1,089.17||0.0%||-6.0%||34.2%|
|MSCI AC World Value||218.32||0.4%||-2.5%||15.2%|
|MSCI AC World Growth||293.18||-0.4%||5.9%||28.3%|
|FTSE Gilts All Stocks||3,609.06||-0.3%||0.6%||3.0%|
|FTSE Index Linked All Stocks||644.03||-0.3%||-0.6%||2.3%|
|ML Sterling Corporate Bonds||395.45||-0.1%||-1.3%||5.7%|
|ML Global High Yield Bonds||375.90||0.1%||-0.4%||9.7%|
|Brent Crude Oil||74.54||0.8%||15.1%||14.5%|
|Consumer Goods and Services||20,876.71||1.1%||-6.6%||13.6%|
|Oil & Gas||9,561.78||-2.3%||5.5%||6.0%|
|$ per £||1.32||0.2%||-2.7%||9.5%|
|€ per £||1.13||0.0%||0.0%||-4.0%|
|¥ per £||145.95||0.0%||-4.1%||5.3%|
|VIX Index (Volatility)||12.14||-1.2%||10.0%||-21.4%|
|Baltic Dry Index||1,708.00||-3.6%||25.0%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.79%|
|Consumer Price Index||2.40%|
|Retail Price Index||3.40%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.78|
|FTSE All Share Adj P/E||12.78|
|FTSE All Share Yld||3.98%|
|15yr Gilt Yield||1.55%|
|10yr Gilt Yield||1.28%|
|10yr US Tres Yield||2.98%|
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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