Investment Market Update
Asian stocks declined following four consecutive days of gains, as Japanese equities slumped after the yen surged on comments by US administration officials at the Davos World Economic Forum.
US stocks ended the session little changed after swinging between gains and losses most of the day, as investor rotation out of tech was compensated for by a rally in financials and telecom companies.
UK stocks fell, with a sharp rally for the pound hitting constituents earning their revenue in foreign currency.
- The chief executive of JP Morgan has told the BBC it could cut its 16,000 UK workforce by more than a quarter if financial rules diverge after Brexit.
- Shops, cafes and businesses will offer free water refill points in every major city and town in England by 2021. Industry body Water UK says its scheme could cut disposable plastic bottle use by tens of millions a year.
|FTSE All Share||4,197.67||-1.0%||-0.6%||9.0%|
|FTSE Small Cap||5,971.48||-0.4%||1.0%||14.9%|
|St. James's Place||1,239.50||-0.4%||1.1%||20.9%|
|Euro Stoxx 600||400.79||-0.5%||3.0%||7.7%|
|Dow Jones Ind||26,252.12||0.2%||6.2%||25.1%|
|MSCI AC Asia Pacific||186.82||0.3%||7.5%||28.7%|
|MSCI World (Developed)||2,232.30||0.1%||6.1%||20.1%|
|MSCI AC World (Dev & Em)||545.99||0.1%||6.4%||21.6%|
|MSCI Emerging Markets||1,258.75||0.5%||8.7%||34.2%|
|MSCI AC World Value||237.22||0.4%||5.9%||15.2%|
|MSCI AC World Growth||296.03||-0.1%||7.0%||28.3%|
|FTSE Gilts All Stocks||3,532.68||-0.4%||-1.6%||3.0%|
|FTSE Index Linked All Stocks||632.60||-0.9%||-2.3%||2.3%|
|ML Sterling Corporate Bonds||399.34||-0.4%||-0.4%||5.7%|
|ML Global High Yield Bonds||383.13||0.2%||1.5%||9.7%|
|Brent Crude Oil||70.53||0.8%||5.5%||14.5%|
|Consumer Goods and Services||21,771.91||-1.7%||-2.6%||13.6%|
|Oil & Gas||9,113.20||-0.8%||0.6%||6.0%|
|$ per £||1.40||-1.5%||3.4%||9.5%|
|€ per £||1.14||-0.6%||1.1%||-4.0%|
|¥ per £||154.36||-0.4%||1.4%||5.3%|
|VIX Index (Volatility)||11.47||3.3%||3.9%||-21.4%|
|Baltic Dry Index||1,200.00||3.7%||-12.2%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.53%|
|Consumer Price Index||3.00%|
|Retail Price Index||4.10%|
|Yields / Ratios|
|FTSE 100 Adj P/E||20.69|
|FTSE All Share Adj P/E||20.07|
|FTSE All Share Yld||3.80%|
|15yr Gilt Yield||1.68%|
|10yr Gilt Yield||1.41%|
|10yr US Tres Yield||2.65%|
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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