Investment Market Update
Asian stocks fell, paring the week’s gain, after a terror attack in Barcelona added to concern that US President Donald Trump’s policy plans may be stymied by discord within his administration.
US stocks declined, after European Central Bank officials expressed concern over the strong euro and assessed the outlook for the President’s agenda after corporate CEOs abandoned two White House advisory groups.
UK stocks edged lower, as investors weighed up fresh economic and corporate numbers. Stronger UK retail sales in July - driven by food - were overshadowed by weak growth figures from Kingfisher, which owns DIY chain B&Q.
- Sales of British salmon helped the UK export a record amount of food and drink in the first half of the year, according to industry figures. Exports of the fish jumped more than 53% by value to £408m, the Food and Drink Federation said. UK food and drink exports rose 8.5% to £10.2bn, helped by the fall in the pound after last year's Brexit vote.
- President Trump is dropping plans to create an advisory group on infrastructure, a day after two other business panels were dissolved.
|FTSE All Share||4,052.37||-0.6%||4.6%||12.5%|
|FTSE Small Cap||5,682.78||-0.5%||10.5%||11.0%|
|St. James's Place||1,191.00||-0.7%||19.8%||3.9%|
|Euro Stoxx 600||376.87||-0.6%||4.3%||-1.2%|
|Dow Jones Ind||21,750.73||-1.2%||10.1%||13.4%|
|MSCI AC Asia Pacific||159.83||0.5%||18.4%||2.3%|
|MSCI World (Developed)||1,936.32||-0.9%||10.6%||5.3%|
|MSCI AC World (Dev & Em)||472.10||-0.8%||11.9%||5.6%|
|MSCI Emerging Markets||1,063.33||0.3%||23.3%||8.6%|
|MSCI AC World Value||208.23||-0.8%||7.1%||9.5%|
|MSCI AC World Growth||252.27||-0.7%||17.0%||1.8%|
|FTSE Gilts All Stocks||3,586.43||0.1%||1.8%||8.5%|
|FTSE Index Linked All Stocks||641.40||0.3%||0.7%||21.2%|
|ML Sterling Corporate Bonds||398.04||0.0%||4.4%||10.7%|
|ML Global High Yield Bonds||368.83||0.0%||7.7%||15.0%|
|Brent Crude Oil||51.03||1.5%||-13.2%||23.4%|
|Consumer Goods and Services||22,162.89||-0.7%||12.6%||9.6%|
|Oil & Gas||7,748.42||-0.3%||-9.4%||54.2%|
|$ per £||1.28||-0.2%||4.1%||-16.3%|
|€ per £||1.10||0.1%||-6.4%||-15.7%|
|¥ per £||142.27||0.6%||-1.5%||-22.7%|
|VIX Index (Volatility)||15.55||32.5%||10.8%||-22.9%|
|Baltic Dry Index||1,247.00||3.3%||29.8%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.28%|
|Consumer Price Index||2.60%|
|Retail Price Index||3.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.64|
|FTSE All Share Adj P/E||21.72|
|FTSE All Share Yld||3.82%|
|15yr Gilt Yield||1.47%|
|10yr Gilt Yield||1.09%|
|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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