Investment Market Update
Stocks in Asia paused near recent highs as concerns about North Korea reemerged, while Australian bonds fell with Treasuries as speculation climbed that the next head of the Federal Reserve will be more hawkish.
US stocks finished at fresh highs as investors prepared themselves for a week of corporate news. Shares in Apple helped to lift the Nasdaq as its price rose 1.8% after KeyBanc upgraded its rating on the stock to "overweight".
UK stocks closed down although miners helped to stem the losses. Glencore rose 1.5% and BHP Billiton added 1.4%. Convatec was the stand-out faller on the FTSE 100, with the shares slumping 26.6% after the medical tech company cut its revenue growth forecast.
- Airbus SE agreed to acquire a majority stake in Bombardier Inc.’s C Series jetliner program and will start assembling them, in the US, vaulting a technologically advanced but slow-selling plane onto the front lines of the battle with Boeing Co. over global aircraft sales.
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people died in storm-related incidents, police said, while more than 350,000 homes and companies lost power.
|FTSE All Share||4,132.62||-0.1%||6.7%||12.5%|
|FTSE Small Cap||5,850.07||0.5%||13.7%||11.0%|
|St. James's Place||1,183.00||0.5%||20.6%||3.9%|
|Euro Stoxx 600||391.41||0.0%||8.3%||-1.2%|
|Dow Jones Ind||22,956.96||0.4%||16.2%||13.4%|
|MSCI AC Asia Pacific||167.81||0.7%||24.3%||2.3%|
|MSCI World (Developed)||2,029.89||0.1%||15.9%||5.3%|
|MSCI AC World (Dev & Em)||495.80||0.1%||17.5%||5.6%|
|MSCI Emerging Markets||1,131.82||0.5%||31.3%||8.6%|
|MSCI AC World Value||217.80||0.1%||12.1%||9.5%|
|MSCI AC World Growth||265.97||0.1%||23.3%||1.8%|
|FTSE Gilts All Stocks||3,529.96||0.3%||0.2%||8.5%|
|FTSE Index Linked All Stocks||641.66||0.6%||0.8%||21.2%|
|ML Sterling Corporate Bonds||394.30||0.2%||3.4%||10.7%|
|ML Global High Yield Bonds||375.70||0.0%||9.7%||15.0%|
|Brent Crude Oil||57.82||1.1%||-1.5%||23.4%|
|Consumer Goods and Services||22,213.57||-0.5%||12.9%||9.6%|
|Oil & Gas||8,424.68||0.0%||-1.4%||54.2%|
|$ per £||1.33||0.0%||7.7%||-16.3%|
|€ per £||1.12||-0.1%||-4.2%||-15.7%|
|¥ per £||148.56||0.0%||2.8%||-22.7%|
|VIX Index (Volatility)||9.91||3.1%||-29.4%||-22.9%|
|Baltic Dry Index||1,523.00||2.6%||58.5%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.37%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.37|
|FTSE All Share Adj P/E||21.63|
|FTSE All Share Yld||3.76%|
|15yr Gilt Yield||1.65%|
|10yr Gilt Yield||1.34%|
|10yr US Tres Yield||2.30%|
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.