Market Numbers Friday 22nd February 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 22nd February 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

FTSE 100                              6335.70      0.12%    on the week

FTSE All Share                     3336.18     0.22%    on the week

Brent Crude $ per barrel      113.53      -3.51%     on the week

Gold $ per troy ounce         1576.50    -2.22%     on the week

Silver $ per troy ounce        28.79        -4.61%     on the week

Copper US$ per tonne        7848.00   -4.70%     on the week   (LME 3 months)

Wheat Futures CBOT          721.25       -2.83%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      862.50       2.99%   on the week   (eg CMEGlobex – trading unit 25 tonnes – mirror and settle to Malaysian ringgit benchmark)

MPC Base Rate  %               0.50  (Bank of England Base/Repo Rate) since 05/03/2009

Euro Repo Rate %                0.75  since 05/07/2012

US Libor %                            0.15650   last week : 0.15500

Euro Libor %                         0.01714   last week : 0.01714

GBP Libor %                         0.48125  last week : 0.48125

Euro Euribor 3 mnths %     0.22   last week : 0.23

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4406  l wk : 0.4382 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4330  l wk : 0.4317 (Sterling Overnight Index Ave Rate)

HFRX                                    1176.80    -0.04%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £96.86 Yield 2.12%

One Pound will buy 1.5266 US Dollars

One Pound will buy 1.1599 Euros

CPI Inflation stands at 2.7% as at Jan 2013     Currently the Gov’t measure of inflation

Retail Prices Index :     3.3% as at Jan 2013     Previously the Gov’t measure of inflation

Inflation Target for the time being:   2.0%    based on the Consumer Prices Index (CPI)

However this is now currently under discussion and review.

The Government’s Inflation Target is announced each year by the Chancellor of the Exchequer in the annual Budget statement. The Bank of England Monetary Policy Committee has the aim to set interest rates so that over- or under- inflation can be brought back to Inflation Target over a reasonable time period without creating undue instability in the economy. Inflation Target is not a permanently fixed level and may vary depending on prevailing economic and fiscal conditions.

KEY to Important Indeces:

RONIA – Repurchase Overnight Index Average Rate – Launched June 2011

Changes to Method of Calculating Inflation Measurement Index – March 2013

Metal and Precious Metal Pricing used in Market Numbers 

Photo Credit: SBG PhotoStock

About The Editor

Fresh Views and Up to Date News...
This entry was posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.