Investment Market Update
Asian stocks increased, following US stocks, as second-quarter Japan GDP gains beat expectations and investors digested the release of Chinese data on Monday.
US stocks inched up on Friday, returning to form after a sell-off earlier in the week triggered by tensions between the US and North Korea.
UK stocks ended the week down 1.1% as worries over the situation between the US and North Korea continue to rattle investors. On Friday, Donald Trump said the US military was "locked and loaded" to deal with North Korea.
- Japan's economy grew at 1% in the second quarter, beating expectations in what marked the sixth straight quarter of growth. The world's number three economy has been picking up steam on the back of strong exports and consumer demand.
- Pressure on incomes looks set to continue, with pay rises forecast at 1% over the next year, a survey predicts. Despite falling unemployment, wage growth is weak because the supply of labour has also gone up, says the Chartered Institute of Personnel and Development.
|FTSE All Share||4,010.33||-1.0%||3.5%||12.5%|
|FTSE Small Cap||5,674.30||-0.2%||10.3%||11.0%|
|St. James's Place||1,166.00||-1.6%||17.3%||3.9%|
|Euro Stoxx 600||372.14||-1.0%||3.0%||-1.2%|
|Dow Jones Ind||21,858.32||0.1%||10.6%||13.4%|
|MSCI AC Asia Pacific||158.45||-0.8%||17.3%||2.3%|
|MSCI World (Developed)||1,937.73||-0.1%||10.7%||5.3%|
|MSCI AC World (Dev & Em)||471.33||-0.3%||11.7%||5.6%|
|MSCI Emerging Markets||1,042.80||-1.3%||20.9%||8.6%|
|MSCI AC World Value||208.41||-0.5%||7.2%||9.5%|
|MSCI AC World Growth||251.26||0.0%||16.5%||1.8%|
|FTSE Gilts All Stocks||3,602.49||0.1%||2.2%||8.5%|
|FTSE Index Linked All Stocks||645.61||0.0%||1.4%||21.2%|
|ML Sterling Corporate Bonds||399.15||0.0%||4.7%||10.7%|
|ML Global High Yield Bonds||368.40||0.0%||7.6%||15.0%|
|Brent Crude Oil||52.10||0.4%||-11.4%||23.4%|
|Consumer Goods and Services||21,883.25||-0.3%||11.2%||9.6%|
|Oil & Gas||7,812.75||-1.5%||-8.6%||54.2%|
|$ per £||1.30||-0.3%||5.2%||-16.3%|
|€ per £||1.10||0.3%||-5.9%||-15.7%|
|¥ per £||141.85||-0.2%||-1.8%||-22.7%|
|VIX Index (Volatility)||15.51||-3.3%||10.5%||-22.9%|
|Baltic Dry Index||1,138.00||4.2%||18.4%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.28%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.40|
|FTSE All Share Adj P/E||21.50|
|FTSE All Share Yld||3.84%|
|15yr Gilt Yield||1.43%|
|10yr Gilt Yield||1.06%|
|10yr US Tres Yield||2.19%|
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.