Investment Market Update
Asian stocks closed lower, as equities retreated from recent record highs amid a dearth of news ahead of the UK general election and testimony from the former head of the FBI later in the week.
US stocks closed lower following two weeks of gains, as investors assessed economic data and early gains in technology companies faded as Apple shares failed to gain momentum despite its developer conference.
UK stocks declined as airline shares retreated. Shares in Easyjet and BA owner IAG both closed lower in the wake of Sunday's assaults in London.
- The boss of British Airways' parent company says that human error caused an IT meltdown that led to travel chaos for 75,000 passengers. Willie Walsh, chief executive of IAG, said an engineer disconnected a power supply, with the major damage caused by a surge when it was reconnected.
- Theresa May plans to set up a network of nine trade commissioners across the world to boost trade after Brexit. Theresa May plans to set up a network of nine trade commissioners across the world to boost trade after Brexit. The UK's first Board of Trade has its roots in the 17th Century and through several transformations became the Department of Trade and Industry.
|FTSE All Share||4,114.40||-0.4%||6.2%||12.5%|
|FTSE Small Cap||5,628.67||-0.4%||9.4%||11.0%|
|St. James's Place||1,173.00||-1.7%||18.0%||3.9%|
|Euro Stoxx 600||392.04||-0.1%||8.5%||-1.2%|
|Dow Jones Ind||21,184.04||-0.1%||7.2%||13.4%|
|MSCI AC Asia Pacific||155.44||0.1%||15.1%||2.3%|
|MSCI World (Developed)||1,931.73||-0.2%||10.3%||5.3%|
|MSCI AC World (Dev & Em)||468.73||-0.1%||11.1%||5.6%|
|MSCI Emerging Markets||1,017.60||0.2%||18.0%||8.6%|
|MSCI AC World Value||206.34||-0.2%||6.2%||9.5%|
|MSCI AC World Growth||250.95||-0.1%||16.4%||1.8%|
|FTSE Gilts All Stocks||3,596.90||0.0%||2.1%||8.5%|
|FTSE Index Linked All Stocks||650.89||-0.4%||2.2%||21.2%|
|ML Sterling Corporate Bonds||395.95||0.0%||3.9%||10.7%|
|ML Global High Yield Bonds||363.90||0.0%||6.2%||15.0%|
|Brent Crude Oil||49.47||-1.0%||-15.9%||23.4%|
|Consumer Goods and Services||23,059.06||-0.3%||17.1%||9.6%|
|Oil & Gas||7,813.05||0.2%||-8.6%||54.2%|
|$ per £||1.29||-0.3%||4.4%||-16.3%|
|€ per £||1.14||-0.5%||-2.6%||-15.7%|
|¥ per £||142.32||-0.3%||-1.5%||-22.7%|
|VIX Index (Volatility)||10.07||3.3%||-28.3%||-22.9%|
|Baltic Dry Index||821.00||-1.1%||-14.6%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.29%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||25.30|
|FTSE All Share Adj P/E||23.80|
|FTSE All Share Yld||3.76%|
|15yr Gilt Yield||1.44%|
|10yr Gilt Yield||1.04%|
|10yr US Tres Yield||2.18%|
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