Investment Market Update
Asian stocks were mostly lower after the Dow closed above the 22,000 level and as the dollar recovered slightly from a two-and-a-half year low touched overnight against the euro.
US stocks were up overall as the Dow Jones Industrial Average glided past 22,000 points for the first time ever on Wednesday, lifted by a rise in Apple shares.
UK stocks fell on Wednesday with Rio Tinto, Standard Chartered, Rolls-Royce and BAE Systems amomgst the biggest fallers, as the FTSE 100 ended the day 0.16% down.
- The eurozone notched up growth of 0.6% in the second quarter of the year, official Eurostat figures showed. The figure puts annual growth in the 19 country block at 2.1% since a year ago.
- US regulators have taken a first step towards overhauling a key piece of regulation brought in to protect the economy after the financial crisis. The Office of the Comptroller of the Currency said it was seeking views on revising the Volcker Rule, which stops banks trading with their own money.
|FTSE All Share||4,065.44||-0.1%||5.0%||12.5%|
|FTSE Small Cap||5,699.50||0.1%||10.8%||11.0%|
|St. James's Place||1,220.00||0.2%||22.7%||3.9%|
|Euro Stoxx 600||378.63||-0.4%||4.8%||-1.2%|
|Dow Jones Ind||22,016.24||0.2%||11.4%||13.4%|
|MSCI AC Asia Pacific||161.40||0.0%||19.5%||2.3%|
|MSCI World (Developed)||1,970.29||0.0%||12.5%||5.3%|
|MSCI AC World (Dev & Em)||479.76||0.0%||13.7%||5.6%|
|MSCI Emerging Markets||1,069.97||0.1%||24.1%||8.6%|
|MSCI AC World Value||212.59||0.0%||9.4%||9.5%|
|MSCI AC World Growth||255.21||0.1%||18.4%||1.8%|
|FTSE Gilts All Stocks||3,544.81||-0.3%||0.6%||8.5%|
|FTSE Index Linked All Stocks||623.91||-0.5%||-2.0%||21.2%|
|ML Sterling Corporate Bonds||395.04||-0.2%||3.6%||10.7%|
|ML Global High Yield Bonds||370.97||0.1%||8.3%||15.0%|
|Brent Crude Oil||52.36||1.1%||-11.0%||23.4%|
|Consumer Goods and Services||21,776.78||0.1%||10.6%||9.6%|
|Oil & Gas||7,914.36||0.9%||-7.4%||54.2%|
|$ per £||1.32||-0.2%||7.1%||-16.3%|
|€ per £||1.12||0.3%||-4.6%||-15.7%|
|¥ per £||145.69||-0.3%||0.8%||-22.7%|
|VIX Index (Volatility)||10.28||1.9%||-26.8%||-22.9%|
|Baltic Dry Index||993.00||2.9%||3.3%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.29%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||23.28|
|FTSE All Share Adj P/E||22.27|
|FTSE All Share Yld||3.75%|
|15yr Gilt Yield||1.60%|
|10yr Gilt Yield||1.24%|
|10yr US Tres Yield||2.27%|
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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Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.