Investment Market Update
Asian stocks rose following gains in US markets, as investors cheered corporate results. Japan’s equity benchmarks rose as the yen weakened and technology shares rallied following strong profit at Amazon.com Inc. and Alphabet Inc.
Most US stocks climbed amid a raft of robust earnings reports, speculation about the Federal Reserve’s next leader and congressional action on taxes.
UK stocks rose, boosted by the European Central Bank announcing the widely-anticipated slowdown in the pace of its asset purchases.
- Australian Deputy PM Barnaby Joyce and four other politicians were wrongly elected because they held dual citizenship, a court has ruled. The High Court of Australia decision means three of the politicians, including Mr Joyce, are disqualified from office.
Royal Bank of Scotland has reported a £392m profit for the July-to-September period, bringing its profit for the year to date to £1.3bn. RBS said it was only the second time since 2008 that the bank had turned a profit for three consecutive quarters.
|FTSE All Share||4,111.40||0.5%||6.1%||12.5%|
|FTSE Small Cap||5,786.65||0.0%||12.5%||11.0%|
|St. James's Place||1,184.00||1.6%||20.7%||3.9%|
|Euro Stoxx 600||391.27||1.1%||8.3%||-1.2%|
|Dow Jones Ind||23,400.86||0.3%||18.4%||13.4%|
|MSCI AC Asia Pacific||166.55||-0.2%||23.3%||2.3%|
|MSCI World (Developed)||2,025.69||0.1%||15.7%||5.3%|
|MSCI AC World (Dev & Em)||493.66||0.0%||17.0%||5.6%|
|MSCI Emerging Markets||1,108.17||-0.5%||28.5%||8.6%|
|MSCI AC World Value||217.45||0.0%||11.9%||9.5%|
|MSCI AC World Growth||264.14||0.0%||22.5%||1.8%|
|FTSE Gilts All Stocks||3,506.54||0.0%||-0.5%||8.5%|
|FTSE Index Linked All Stocks||624.39||-0.4%||-1.9%||21.2%|
|ML Sterling Corporate Bonds||392.24||0.0%||2.9%||10.7%|
|ML Global High Yield Bonds||375.47||-0.2%||9.6%||15.0%|
|Brent Crude Oil||59.30||1.5%||1.0%||23.4%|
|Consumer Goods and Services||22,163.39||1.5%||12.6%||9.6%|
|Oil & Gas||8,477.51||0.1%||-0.8%||54.2%|
|$ per £||1.32||0.5%||7.4%||-16.3%|
|€ per £||1.12||-0.6%||-4.4%||-15.7%|
|¥ per £||150.50||0.4%||4.2%||-22.7%|
|VIX Index (Volatility)||11.30||0.6%||-19.5%||-22.9%|
|Baltic Dry Index||1,555.00||-1.1%||61.8%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.42%|
|Consumer Price Index||3.00%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||21.77|
|FTSE All Share Adj P/E||21.14|
|FTSE All Share Yld||3.79%|
|15yr Gilt Yield||1.71%|
|10yr Gilt Yield||1.38%|
|10yr US Tres Yield||2.46%|
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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