Market Numbers: Friday 14th June 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 14th June 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6308.26        -1.62%    on the week

FTSE All Share                     3331.41        -1.57%    on the week

Brent Crude $ per barrel        105.93         1.31%     on the week

Gold $ per troy ounce          1391.25         0.38%     on the week

Silver $ per troy ounce            21.69         -4.03%     on the week

Copper US$ per tonne         7085.00        -3.14%     on the week   (LME 3 months)

Wheat Futures CBOT            680.75         -2.23%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        875.00          1.16%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.12900   last week : 0.13260

Euro Libor %                         0.02857   last week : 0.02786

GBP Libor %                         0.47938  last week : 0.48000

Euro Euribor 3 mnths %     0.21   last week : 0.20

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4587  l wk : 0.4678 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4277  l wk : 0.4218 (Sterling Overnight Index Ave Rate)

HFRX                                    1187.43          -0.48%  on the week  (Global Hedge Fund Index)

Tesco [}{]                               333.50           -3.71% on the week    xd

Sainsbury                               369.80            2.52% on the week    xd

BT  [}{]                                   312.40          -0.13% on the week   

BP  [}{]                                   453.80          -1.56% on the week    xd

Rexam  [}{]                            495.20          -2.81% on the week   

ARM Holdings  [}{]                862.00          -0.29% on the week   

HSBC  [}{]                              680.10           -3.94% on the week  xd

RBS  [}{]                                 316.00            -3.48% on the week   

Standard Life                          364.70           -2.82% on the week   

10 Year Government Bond (Gilt) Price     £97.22      Yield    2.08%

15 Year Gilt Yield Index. 15th of the month approx.  Yield    2.64%

One Pound will buy 1.5678 US Dollars

One Pound will buy 1.1753 Euros

CPI Inflation stands at 2.4% as at Apr 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.2% as at Apr 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):    No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.3% as at Apr 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

[}{]  –   Denotes a Stock or Share of a FT Global 500 company

xd    –   Denotes a Stock or Share price quoted as ex-dividend

Please ensure you read and take note of the disclaimers mentioned here.

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted, nor does any information provided here constitute nor is it intended to be any form of invitation or solicitation or recommendation to buy sell or hold in any capacity and no liability is accepted. You should not use this update as a basis for making decisions.

SewellBrydenGunn (business name and trading style of SCM Finance) and or any of its members employees partners proprietorship or other stakeholders (we) from time to time may or may not have an interest in any items contracts stocks shares securities or other instruments mentioned here. For your own safety and convenience you should always assume that we may have an interest or position in any of the above and consequently you cannot rely on it to be impartial information.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 7th June 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 7th June 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6411.99        -2.60%    on the week

FTSE All Share                     3384.56        -2.57%    on the week

Brent Crude $ per barrel        104.56         4.15%     on the week

Gold $ per troy ounce          1386.00        -0.61%     on the week

Silver $ per troy ounce            22.60          0.13%     on the week

Copper US$ per tonne         7315.00         0.62%     on the week   (LME 3 months)

Wheat Futures CBOT            696.25         -1.31%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        865.00          0.58%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.13260   last week : 0.13220

Euro Libor %                         0.02786   last week : 0.03571

GBP Libor %                         0.48000  last week : 0.47813

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4678  l wk : 0.4351 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4218  l wk : 0.4204 (Sterling Overnight Index Ave Rate)

HFRX                                    1193.19          -0.81%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £97.17      Yield    2.09%

One Pound will buy 1.5539 US Dollars

One Pound will buy 1.1754 Euros

CPI Inflation stands at 2.4% as at Apr 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.2% as at Apr 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):    3.3% as at Jan 2013  No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.3% as at Apr 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Please ensure you read and take note of the disclaimers mentioned here.

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted, nor does any information provided here constitute nor is it intended to be any form of invitation or solicitation or recommendation to buy sell or hold in any capacity and no liability is accepted. You should not use this update as a basis for making decisions.

SewellBrydenGunn (business name and trading style of SCM Finance) and or any of its members employees partners proprietorship or other stakeholders (we) from time to time may or may not have an interest in any items contracts stocks shares securities or other instruments mentioned here. For your own safety and convenience you should always assume that we may have an interest or position in any of the above and consequently you cannot rely on it to be impartial information.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 31st May 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 31st May 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6583.09        -1.07%    on the week

FTSE All Share                     3473.82        -0.93%    on the week

Brent Crude $ per barrel        100.39        -2.19%     on the week

Gold $ per troy ounce          1394.50         0.31%     on the week

Silver $ per troy ounce            22.57          0.85%     on the week

Copper US$ per tonne         7270.00        -0.07%     on the week   (LME 3 months)

Wheat Futures CBOT            705.50          1.15%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        860.00          0.58%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.13220   last week : 0.13500

Euro Libor %                         0.03571   last week : 0.2500

GBP Libor %                         0.47813  last week : 0.48188

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4351  l wk : 0.4271 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4204  l wk : 0.4214 (Sterling Overnight Index Ave Rate)

HFRX                                    1202.94          -0.28%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £97.68      Yield    2.03%

One Pound will buy 1.5161 US Dollars

One Pound will buy 1.1699 Euros

CPI Inflation stands at 2.4% as at Apr 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.2% as at Apr 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):    3.3% as at Jan 2013  No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.3% as at Apr 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 24th May 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 24th May 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6654.34        -1.02%    on the week

FTSE All Share                     3506.56        -1.15%    on the week

Brent Crude $ per barrel        102.64        -1.10%     on the week

Gold $ per troy ounce          1390.25         1.57%     on the week

Silver $ per troy ounce            22.38        -0.62%     on the week

Copper US$ per tonne         7275.00        -1.01%     on the week   (LME 3 months)

Wheat Futures CBOT            697.50          1.42%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        855.00          0.59%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.13500   last week : 0.14650

Euro Libor %                         0.2500   last week : 0.02357

GBP Libor %                         0.48188  last week : 0.48250

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.48  last week : 0.59

RONIA  %                            0.4271  l wk : 0.4399 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4214  l wk : 0.4363 (Sterling Overnight Index Ave Rate)

HFRX                                    1206.26           0.06%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £98.62      Yield    1.91%

One Pound will buy 1.5139 US Dollars

One Pound will buy 1.1708 Euros

CPI Inflation stands at 2.4% as at Apr 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.2% as at Apr 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.3% as at Apr 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 17th May 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 17th May 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6723.06         1.48%    on the week

FTSE All Share                     3547.38         1.64%    on the week

Brent Crude $ per barrel        103.78        -0.13%     on the week

Gold $ per troy ounce          1368.75        -4.05%     on the week

Silver $ per troy ounce            22.52        -3.64%     on the week

Copper US$ per tonne         7349.50        -0.36%     on the week   (LME 3 months)

Wheat Futures CBOT            687.75         -1.29%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        850.00         -0.58%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.14650   last week : 0.14600

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48250  last week : 0.48250

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.59  last week : 0.56

RONIA  %                            0.4399  l wk : 0.4653 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4363 l wk : 0.4348 (Sterling Overnight Index Ave Rate)

HFRX                                    1205.49           0.36%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £98.85      Yield    1.89%

One Pound will buy 1.5192 US Dollars

One Pound will buy 1.1847 Euros

CPI Inflation stands at 2.8% as at Mar 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Mar 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.7% as at March 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 10th May 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 10th May 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6624.98         1.59%    on the week

FTSE All Share                     3490.01         1.58%    on the week

Brent Crude $ per barrel        103.91        -0.27%     on the week

Gold $ per troy ounce          1426.50        -2.91%     on the week

Silver $ per troy ounce            23.37        -3.63%     on the week

Copper US$ per tonne         7376.00         3.16%     on the week   (LME 3 months)

Wheat Futures CBOT            696.75         -2.04%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        855.00          3.32%   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 %                0.50  since 02/05/2013 (previously 0.75)

US Libor %                            0.14600   last week : 0.15000

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48250  last week : 0.48063

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.56  last week : 0.48

RONIA  %                            0.4653  l wk : 0.4541 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4348 l wk : 0.4401 (Sterling Overnight Index Ave Rate)

HFRX                                    1201.16           0.92%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £98.72      Yield    1.90%

One Pound will buy 1.5355 US Dollars

One Pound will buy 1.1837 Euros

CPI Inflation stands at 2.8% as at Mar 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Mar 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.7% as at March 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 3rd May 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 3rd May 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6521.46         1.48%    on the week

FTSE All Share                     3435.66         1.38%    on the week

Brent Crude $ per barrel        104.19         1.00%     on the week

Gold $ per troy ounce          1469.25        -0.15%     on the week

Silver $ per troy ounce            24.25         0.96%     on the week

Copper US$ per tonne         7150.00         0.71%     on the week   (LME 3 months)

Wheat Futures CBOT            711.25          3.27%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        827.50         -2.36%   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 %                0.50  since 02/05/2013 (last week 0.75)

US Libor %                            0.15000   last week : 0.14900

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48063  last week : 0.48250

Euro Euribor 3 mnths %     0.20   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4541  l wk : 0.4443 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4401  l wk : 0.4365 (Sterling Overnight Index Ave Rate)

HFRX                                    1190.16            0.17%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £100.04      Yield    1.75%

One Pound will buy 1.5569 US Dollars

One Pound will buy 1.1870 Euros

CPI Inflation stands at 2.8% as at Mar 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Mar 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.7% as at March 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 26th April 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 26th April 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6426.42         2.22%    on the week

FTSE All Share                     3388.74         2.26%    on the week

Brent Crude $ per barrel        103.16         3.52%     on the week

Gold $ per troy ounce          1471.50         4.70%     on the week

Silver $ per troy ounce            24.02         1.52%     on the week

Copper US$ per tonne         7099.50         1.29%     on the week   (LME 3 months)

Wheat Futures CBOT            688.75        -2.86%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne        847.50          0.30%   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 %                            0.14900   last week : 0.15600

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48250  last week : 0.48375

Euro Euribor 3 mnths %     0.21   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4443  l wk : 0.4796 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4365  l wk : 0.4437 (Sterling Overnight Index Ave Rate)

HFRX                                    1188.19            0.59%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £100.41      Yield    1.70%

One Pound will buy 1.5492 US Dollars

One Pound will buy 1.1892 Euros

CPI Inflation stands at 2.8% as at Mar 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Mar 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.7% as at March 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 19th April 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 19th April 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6286.59        -1.53%    on the week

FTSE All Share                     3314.00        -1.59%    on the week

Brent Crude $ per barrel          99.65        -3.36%     on the week

Gold $ per troy ounce          1405.50        -8.47%     on the week

Silver $ per troy ounce         23.66            -13.65%     on the week

Copper US$ per tonne       7009.00          -7.10%     on the week   (LME 3 months)

Wheat Futures CBOT          709.00          -0.80%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      845.00            0.60%   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 %                            0.15600   last week : 0.15700

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48375  last week : 0.48375

Euro Euribor 3 mnths %     0.21   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4796  l wk : 0.4700 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4437  l wk : 0.4400 (Sterling Overnight Index Ave Rate)

HFRX                                    1181.17           -0.22%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £100.66      Yield    1.67%

One Pound will buy 1.5257 US Dollars

One Pound will buy 1.1663 Euros

CPI Inflation stands at 2.8% as at Mar 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Mar 2013   Currently the new Gov’t inflation measure

Retail Prices Index (Carli):   3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.7% as at March 2013

(RPIJ is an experimental index – results of the trial due Summer 2013)

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 12th April 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 12th April 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6384.39         2.15%    on the week

FTSE All Share                     3367.49         2.27%    on the week

Brent Crude $ per barrel     103.11          -3.04%     on the week

Gold $ per troy ounce         1535.50        -2.07%     on the week

Silver $ per troy ounce         27.40            1.59%     on the week

Copper US$ per tonne       7545.00          1.79%     on the week   (LME 3 months)

Wheat Futures CBOT          714.75          2.25%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      840.00         0.90%   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 %                            0.15700   last week : 0.15400

Euro Libor %                         0.02357   last week : 0.02357

GBP Libor %                         0.48375  last week : 0.48250

Euro Euribor 3 mnths %     0.21   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4700  l wk : 0.4954 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4400  l wk : 0.4452 (Sterling Overnight Index Ave Rate)

HFRX                                    1183.74           0.28%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £100.05      Yield    1.74%

One Pound will buy 1.5368 US Dollars

One Pound will buy 1.1734 Euros

CPI Inflation stands at 2.8% as at Feb 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Feb 2013   Currently the new Gov’t inflation measure

Retail Prices Index:         3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.6% as at February 2013

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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 

Whilst every effort is made to ensure accuracy of the above information, this cannot be guaranteed and cannot be relied upon to be free from errors, omissions or inaccuracies.

This information update is provided for convenience and interest only and is not intended nor does it constitute any form of regulated or other advice and no liability is accepted. You should not use this update as a basis for making decisions.

You should confirm independently any information you wish to rely on to make any decisions – in any case you should seek and take appropriate and timely independent financial legal or other advice including full and proper discussions about the level of financial legal or other risk involved before deciding on any action transaction or inaction.

Photo Credit: SBG PhotoStock

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers: Friday 5th April 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 5th April 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

Market Numbers

FTSE 100                              6249.78       -2.53%    on the week

FTSE All Share                     3292.67       -2.60%    on the week

Brent Crude $ per barrel     106.34         -3.34%     on the week

Gold $ per troy ounce         1568.00       -1.89%     on the week

Silver $ per troy ounce         26.97         -5.83%     on the week

Copper US$ per tonne       7412.00       -2.64%     on the week   (LME 3 months)

Wheat Futures CBOT          699.00         1.64%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      832.50       -0.30%   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 %                            0.15400   last week : 0.15600

Euro Libor %                         0.02357   last week : 0.02643

GBP Libor %                         0.48250  last week : 0.48625

Euro Euribor 3 mnths %     0.21   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.55

RONIA  %                            0.4954  l wk : 0.4830 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4452  l wk : 0.4203 (Sterling Overnight Index Ave Rate)

HFRX                                    1180.40         -0.33%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price     £100.85      Yield    1.65%

One Pound will buy 1.5352 US Dollars

One Pound will buy 1.1789 Euros

CPI Inflation stands at 2.8% as at Feb 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Feb 2013   Currently the new Gov’t inflation measure

Retail Prices Index:         3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.6% as at February 2013

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Happy New (Tax) Year 2013 – 2014 !! Starts 6th April 2013

Happy New (Tax) Year 2013/14 from SewellBrydenGunn – a fresh approach to financial planning – impartial unbiased unrestricted independent financial advice from your Chartered Financial Planner and MBA adviser on a varied range of areas including:

personal and business financial planning investments pensions retirement long term care funding equity release (lifetime mortgages) IHT and estate financial planning capital and income protection.

This tax year (fiscal year) heralds a number of changes which are important for individuals and others are more important for businesses. The Chancellor outlined various changes for the present and the future in this year’s Budget 2013, an initial summary of which is available from our website http://www.3sbg.net
The start of the tax year provides an excellent opportunity to review financial planning for the year ahead including cash flow tax pension and investment planning – this will be covered at your next Financial Planning Review (Annual Conversation) which is available each year if you are a Retained Financial Planning Client of SewellBrydenGunn.

Any queries of course please do not hesitate to get in touch. 01276 471083 OR cedar@s-cm.com

SewellBrydenGunn provides financial planning, financial advisory and financial transaction advisory services on a fee basis only.

Advice is given on the basis that such advice may not necessarily result in any recommendation to make changes to an existing position. We firmly believe that client centred financial planning is the best way to enable unbiased and informed decisions and choices to be made.
Not all services are regulated by the Financial Conduct Authority.

Posted in Independent Financial Advice

Market Numbers Maundy Thursday 28th March 2013 – Markets closed for Good Friday (29th March 2013)

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Maundy Thursday 28th March 2013. The Markets were closed for Good Friday in the run up to Easter (or Resurrection) Sunday – viewed by many as the biggest event in the Christian Calendar.

For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

FTSE 100                              6411.74      0.30%    on the week

FTSE All Share                     3380.64       0.23%    on the week

Brent Crude $ per barrel     110.02         2.19%     on the week

Gold $ per troy ounce         1598.25       -0.59%     on the week

Silver $ per troy ounce         28.64         -1.45%     on the week

Copper US$ per tonne       7613.00       -0.55%     on the week   (LME 3 months)

Wheat Futures CBOT          687.75       -5.76%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      835.00       -3.47%   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 %                            0.15600   last week : 0.15700

Euro Libor %                         0.02643   last week : 0.02071

GBP Libor %                         0.48625  last week : 0.48250

Euro Euribor 3 mnths %     0.21   last week : 0.22

Sterling CDs 3 mnths %       0.55  last week : 0.57

RONIA  %                            0.4830  l wk : 0.4392 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4203  l wk : 0.4356 (Sterling Overnight Index Ave Rate)

HFRX                                    1184.31         -0.13%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £99.75 Yield 1.78%

One Pound will buy 1.5185 US Dollars

One Pound will buy 1.1825 Euros

CPI Inflation stands at 2.8% as at Feb 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Feb 2013   Currently the new Gov’t inflation measure

Retail Prices Index:         3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.6% as at February 2013 

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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 as one of its aims, 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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers Friday 22nd March 2013

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

FTSE 100                              6392.76     -1.49%    on the week

FTSE All Share                     3372.79      -1.44%    on the week

Brent Crude $ per barrel      107.66       -1.97%     on the week

Gold $ per troy ounce         1607.75        0.77%     on the week

Silver $ per troy ounce         29.06          0.52%     on the week

Copper US$ per tonne       7655.00       -2.00%     on the week   (LME 3 months)

Wheat Futures CBOT          729.75        0.93%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      865.00        1.76%   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 %                            0.15700   last week : 0.15300

Euro Libor %                         0.02071   last week : 0.01857

GBP Libor %                         0.48250  last week : 0.48500

Euro Euribor 3 mnths %     0.22   last week : 0.20

Sterling CDs 3 mnths %       0.57  last week : 0.48

RONIA  %                            0.4392  l wk : 0.4672 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4356  l wk : 0.4371 (Sterling Overnight Index Ave Rate)

HFRX                                    1185.87          0.15%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £98.98 Yield 1.87%

One Pound will buy 1.5239 US Dollars

One Pound will buy 1.1725 Euros

CPI Inflation stands at 2.8% as at Jan 2013     Currently the old Gov’t measure of inflation

CPIH Inflation stands at 2.6% as at Feb 2013   Currently the new Gov’t inflation measure

Retail Prices Index:         3.3% as at Jan 2013     No longer a Gov’t measure of inflation

Retail Price Inflation RPIJ – Jevon’s formula – NEW:  2.6% as at February 2013 

Inflation Target expected to stay in place: 2.0%  based on the Consumer Prices Index (CPI)

The Chancellor confirmed in his Budget Speech Wednesday 20th March 2013 that the 2% Inflation target for the Bank of England would stay in place.

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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Capital Eyes on the Market – BUDGET SUMMARY – Friday 22nd March 2013

CEOtm  Capital Eyes on the Market: Keep Informed, "Follow" us online at www.3sbg.netFollowing on from our published overview of the key points of interest in Chancellor George Osborne’s Budget Speech on Wednesday 20th March 2013, we have now made available our complete BUDGET SUMMARY 2013 which can be downloaded here for your interest and convenience.

Please note that our SUMMARY is no more than an initial understanding of the Budget Speech and may contain errors and or omissions, despite our best endeavours, and cannot be relied upon as a basis for taking or refraining from taking any decision for action transaction or inaction. You should always seek and take professional independent relevant and timely advice prior to making decisions.

DOWNLOAD YOUR SewellBrydenGunn BUDGET SUMMARY March 2013 here.

SewellBrydenGunn provides Independent Financial Planning and Investment Advice which sets us apart from other financial advisers. We have developed our own client centred approach to produce the unique blend of lifestyle goal setting and incisive financial observation. We are driven by the professionalism and ethical best practice, found only in the combination of rigorous qualifications of Chartered Financial Planner and Masters in Business Administration (MBA) together with specialist expertise in Long Term Care Advice, Equity Release (Lifetime Mortgages) and Specialist Pension and Pension Transfer and Opt Out Advice. A knowledgeable insight into Investment Portfolio Management matters as well as a keen eye on tax, IHT and estate planning issues enables us to provide a well-rounded comprehensive advice and planning service for our clients.  

It means you can be confident that you are dealing with one of the UK’s best qualified firms that is wholly committed to providing you with the best possible advice, service and support.

We provide comment on market developments and key financial planning issues, to enable our clients and professional connections alike to understand the implications of whatever is unfolding next. We welcome conversations with individuals, business owners and professional advisers on any of the issues raised in this update.

SuperRich or not so rich – “wealth is what you make it” – health and wellbeing in body and spirit are equally important. In our view, to “Maximise Your Life™” requires making the most of your opportunities, resources and relationships. Enjoy an engaging conversation with a financial and wealth professional whose priority is to understand you and your family, your financial situation and to help you plan for the things you want to accomplish and the future life you want to enjoy: 01276 471083 or cedar@s-cm.com

CEO™ is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

The CEO™ device is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

Design and PhotoCredit: SBG PhotoStock

 

Posted in Care Fees, Chartered Financial Planner, Economic Reports and Forecasts, Economics Central Bank and Treasury, Financial Services Industry News, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Capital Eyes on the Market – BUDGET Update – Wednesday 20th March 2013

CEOtm  Capital Eyes on the Market: Keep Informed, "Follow" us online at www.3sbg.netWe take a look at some of the key items in today’s Budget anouncement by Chancellor George Osborne. The Chancellor is now no stranger to Budget announcements. However this makes this latest Budget none the easier to compile and deliver. The current economic environment is a fragile mixture of bright spots, optimism, fine margins for many businesses and tales of woe for others, with many people much less optimistic about tomorrow than they were yesterday… 

This summary covers the issues which we feel are most poignant. Look out for our fuller Budget Summary which we will be making available from our website shortly. As with every Budget, as more details and planning opportunities come to light, we will add additional comment on specific planning topics to our website at 3sbg.net . SmartLifestyle™ Financial Planning means SewellBrydenGunn.

For a more in-depth insight into how things may impact on your own financial planning priorities, please do get in touch. Enjoy a financial conversation as part of your regular financial planning review at SewellBrydenGunn.

 In Brief:  The income tax personal allowance is now set to rise to £10,000 in 2014, a year earlier than previously planned. Other measures brought forward by one year include the introduction of a flat-rate State Pension at £144 per week and the lifetime cap on the cost of social care.

Other items in the Budget are as follows (comments in royal blue):

  1. The Bank of England retains their CPI inflation target of 2%, with their remit set to change in the future to focus on growth as well as managing price inflation – THAT is a BIG ask! Might we be overstretching ourselves a little??
  2. As summarised above, the income tax personal allowance is being increased to £10,000 from April 2014, a year earlier than was originally planned. The personal allowance is currently £8,105 (up from £7,475 for Tax year 2011/12) and will rise again to £9,440 on 6th April 2013 (Tax Year 2013/14).
  3. A 20% income tax relief on the cost of childcare up to £6,000 per child per year will be introduced in 2015.
  4. Most government departments will experience budget cuts of 1% in each of the next two years, with spending on schools and the NHS ringfenced. The culling of this indirect injection of cash into the economy, partially recouped anyway through income and other transaction based taxes, could be seen as nothing more than political posturing…
  5. The 1% cap on public sector pay increases is extended to 2015/16, with additional restrictions placed on “progression” pay rises.
  6. The introduction of a flat-rate state pension at £144 per week was brought forward by one year, to be introduced in April 2016. Broadly welcome news.
  7. The pension annual allowance is currently £50,000 and will be reduced to £40,000 from 6th April 2014. At least the warning gives everyone affected a chance to plan forward any extra contributions in the short term before the next tax year.
  8. Stamp duty will no longer be paid when buying shares on the Alternative Investment Market (AIM).
  9. Capitals gain tax relief for Seed Enterprise Investment Scheme (SEIS) will be extended by two years to 2014/15. For the majority of “middle of the road” investors, items 8 and 9 make little difference…
  10. The main rate of corporation tax is being cut to 20% in 2015. This was eluded to last year and its inclusion now makes the UK one of the most competitive tax systems for businesses in the developed world. However it is unlikely to bring any major benefit changes for smaller businesses many of whom are currently subject to lower tax.
  11. A new ‘employment allowance’ is being introduced which will result in businesses paying no employer National Insurance up to the first £2,000 in 2014. This new measure will mean about 450,000 small businesses will not pay employer National Insurance contributions next year. Broadly welcome news.
  12. Capital gains tax relief on the sale of a controlling interest in a business to an employee ownership structure will be introduced in April 2014, making up to £50,000 worth of shares exempt from CGT on shares received from 1st September 2013. This is certainly a positive step which will help many small business owners wishing to retire or move away from their business.
  13. A lifetime cap on the amount paid for social care will be brought forward a year to 2016, now to be set at £72,000 rather than the previously suggested £75,000. The asset threshold for means tested benefits will be raised to £118,000. These measures follow at least in spirit the proposals in the Dilnot report previously published and which was of course the subject of much debate fairly recently. Welcome news indeed for many who would otherwise be caught by the “Long Term Care Trap”. This will almost certainly pave the way for the introduction of better more effective Care Funding Products – let us look forward to some proactivity from providers.
  14. The shared equity scheme is being extended – interest free loans of up to 20% of the value for new-build properties. This is seen by us as good news for the housing market.

SewellBrydenGunn provides Independent Financial Planning and Investment Advice which sets us apart from other financial advisers. We have developed our own client centred approach to produce the unique blend of lifestyle goal setting and incisive financial observation. We are driven by the professionalism and ethical best practice, found only in the combination of rigorous qualifications of Chartered Financial Planner and Masters in Business Administration (MBA) together with specialist expertise in Long Term Care Advice, Equity Release (Lifetime Mortgages) and Specialist Pension and Pension Transfer and Opt Out Advice. A knowledgeable insight into Investment Portfolio Management matters as well as a keen eye on tax, IHT and estate planning issues enables us to provide a well rounded comprehensive advice and planning service for our clients.  

It means you can be confident that you are dealing with one of the UK’s best qualified firms that is wholly committed to providing you with the best possible advice, service and support.

We provide comment on market developments and key financial planning issues, to enable our clients and professional connections alike to understand the implications of whatever is unfolding next. We welcome conversations with individuals, business owners and professional advisers on any of the issues raised in this update.

SuperRich or not so rich – “wealth is what you make it” – health and wellbeing in body and spirit are equally important. In our view, to “Maximise Your Life™” requires making the most of your opportunities, resources and relationships. Enjoy an engaging conversation with a financial and wealth professional whose priority is to understand you and your family, your financial situation and to help you plan for the things you want to accomplish and the future life you want to enjoy: 01276 471083 or cedar@s-cm.com

CEO™ is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

The CEO™ device is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

Design and PhotoCredit: SBG PhotoStock&Design

 

Posted in Care Fees, Chartered Financial Planner, Economic Reports and Forecasts, Economics Central Bank and Treasury, Financial Services Industry News, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Capital Eyes on the Market – BUDGET Update – Wednesday 20th March 2013

CEOtm  Capital Eyes on the Market: Keep Informed, "Follow" us online at www.3sbg.netWe take a look at some of the key items in today’s Budget anouncement by Chancellor George Osborne. The Chancellor is now no stranger to Budget announcements. However this makes this latest Budget none the easier to compile and deliver. The current economic environment is a fragile mixture of bright spots, optimism, fine margins for many businesses and tales of woe for others, with many people much less optimistic about tomorrow than they were yesterday… 

This summary covers the issues which we feel are most poignant. Look out for our fuller Budget Summary which we will be making available from our website shortly. As with every Budget, as more details and planning opportunities come to light, we will add additional comment on specific planning topics to our website at 3sbg.net . SmartLifestyle™ Financial Planning means SewellBrydenGunn.

For a more in-depth insight into how things may impact on your own financial planning priorities, please do get in touch. Enjoy a financial conversation as part of your regular financial planning review at SewellBrydenGunn.

 In Brief:  The income tax personal allowance is now set to rise to £10,000 in 2014, a year earlier than previously planned. Other measures brought forward by one year include the introduction of a flat-rate State Pension at £144 per week and the lifetime cap on the cost of social care.

Other items in the Budget are as follows (comments in royal blue):

  1. The Bank of England retains their CPI inflation target of 2%, with their remit set to change in the future to focus on growth as well as managing price inflation – THAT is a BIG ask! Might we be overstretching ourselves a little??
  2. As summarised above, the income tax personal allowance is being increased to £10,000 from April 2014, a year earlier than was originally planned. The personal allowance is currently £8,105 (up from £7,475 for Tax year 2011/12) and will rise again to £9,440 on 6th April 2013 (Tax Year 2013/14).
  3. A 20% income tax relief on the cost of childcare up to £6,000 per child per year will be introduced in 2015.
  4. Most government departments will experience budget cuts of 1% in each of the next two years, with spending on schools and the NHS ringfenced. The culling of this indirect injection of cash into the economy, partially recouped anyway through income and other transaction based taxes, could be seen as nothing more than political posturing…
  5. The 1% cap on public sector pay increases is extended to 2015/16, with additional restrictions placed on “progression” pay rises.
  6. The introduction of a flat-rate state pension at £144 per week was brought forward by one year, to be introduced in April 2016. Broadly welcome news.
  7. The pension annual allowance is currently £50,000 and will be reduced to £40,000 from 6th April 2014. At least the warning gives everyone affected a chance to plan forward any extra contributions in the short term before the next tax year.
  8. Stamp duty will no longer be paid when buying shares on the Alternative Investment Market (AIM).
  9. Capitals gain tax relief for Seed Enterprise Investment Scheme (SEIS) will be extended by two years to 2014/15. For the majority of “middle of the road” investors, items 8 and 9 make little difference…
  10. The main rate of corporation tax is being cut to 20% in 2015. This was eluded to last year and its inclusion now makes the UK one of the most competitive tax systems for businesses in the developed world. However it is unlikely to bring any major benefit changes for smaller businesses many of whom are currently subject to lower tax.
  11. A new ‘employment allowance’ is being introduced which will result in businesses paying no employer National Insurance up to the first £2,000 in 2014. This new measure will mean about 450,000 small businesses will not pay employer National Insurance contributions next year. Broadly welcome news.
  12. Capital gains tax relief on the sale of a controlling interest in a business to an employee ownership structure will be introduced in April 2014, making up to £50,000 worth of shares exempt from CGT on shares received from 1st September 2013. This is certainly a positive step which will help many small business owners wishing to retire or move away from their business.
  13. A lifetime cap on the amount paid for social care will be brought forward a year to 2016, now to be set at £72,000 rather than the previously suggested £75,000. The asset threshold for means tested benefits will be raised to £118,000. These measures follow at least in spirit the proposals in the Dilnot report previously published and which was of course the subject of much debate fairly recently. Welcome news indeed for many who would otherwise be caught by the “Long Term Care Trap”. This will almost certainly pave the way for the introduction of better more effective Care Funding Products – let us look forward to some proactivity from providers.
  14. The shared equity scheme is being extended – interest free loans of up to 20% of the value for new-build properties. This is seen by us as good news for the housing market.

SewellBrydenGunn provides Independent Financial Planning and Investment Advice which sets us apart from other financial advisers. We have developed our own client centred approach to produce the unique blend of lifestyle goal setting and incisive financial observation. We are driven by the professionalism and ethical best practice, found only in the combination of rigorous qualifications of Chartered Financial Planner and Masters in Business Administration (MBA) together with specialist expertise in Long Term Care Advice, Equity Release (Lifetime Mortgages) and Specialist Pension and Pension Transfer and Opt Out Advice. A knowledgeable insight into Investment Portfolio Management matters as well as a keen eye on tax, IHT and estate planning issues enables us to provide a well rounded comprehensive advice and planning service for our clients.  

It means you can be confident that you are dealing with one of the UK’s best qualified firms that is wholly committed to providing you with the best possible advice, service and support.

We provide comment on market developments and key financial planning issues, to enable our clients and professional connections alike to understand the implications of whatever is unfolding next. We welcome conversations with individuals, business owners and professional advisers on any of the issues raised in this update.

SuperRich or not so rich – “wealth is what you make it” – health and wellbeing in body and spirit are equally important. In our view, to “Maximise Your Life™” requires making the most of your opportunities, resources and relationships. Enjoy an engaging conversation with a financial and wealth professional whose priority is to understand you and your family, your financial situation and to help you plan for the things you want to accomplish and the future life you want to enjoy: 01276 471083 or cedar@s-cm.com

CEO™ is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

The CEO™ device is a Trademark of SewellBrydenGunn, a business name of SCM Finance and is used for various purposes including “Capital Eyes on the Market” bulletin updates.

Design and PhotoCredit: SBG PhotoStock&Design

 

Posted in Care Fees, Chartered Financial Planner, Economic Reports and Forecasts, Economics Central Bank and Treasury, Financial Services Industry News, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers Friday 15th March 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 15th March 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

FTSE 100                              6489.65      0.09%    on the week

FTSE All Share                     3422.11       0.19%    on the week

Brent Crude $ per barrel      109.82       -0.93%     on the week

Gold $ per troy ounce         1595.50        0.87%     on the week

Silver $ per troy ounce         28.91          0.45%     on the week

Copper US$ per tonne       7811.00        0.86%     on the week   (LME 3 months)

Wheat Futures CBOT          723.00        4.78%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      850.00        -0.87%   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 %                            0.15300   last week : 0.15500

Euro Libor %                         0.01857   last week : 0.01857

GBP Libor %                         0.48500  last week : 0.48125

Euro Euribor 3 mnths %     0.20   last week : 0.20

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4672  l wk : 0.4779 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4371  l wk : 0.4313 (Sterling Overnight Index Ave Rate)

HFRX                                    1184.06      0.24%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £98.25 Yield 1.95%

One Pound will buy 1.5131 US Dollars

One Pound will buy 1.1581 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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers Friday 8th March 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 8th March 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

FTSE 100                              6483.58      1.65%    on the week

FTSE All Share                     3415.55       1.71%    on the week

Brent Crude $ per barrel      110.85        0.41%     on the week

Gold $ per troy ounce         1581.75      -0.03%     on the week

Silver $ per troy ounce         28.78          2.75%     on the week

Copper US$ per tonne       7744.50        1.05%     on the week   (LME 3 months)

Wheat Futures CBOT          690.00       -3.26%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      857.50         2.08%   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 %                            0.15500   last week : 0.15400

Euro Libor %                         0.01857   last week : 0.01857

GBP Libor %                         0.48125  last week : 0.48125

Euro Euribor 3 mnths %     0.20   last week : 0.21

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4779  l wk : 0.4526 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4313  l wk : 0.4305 (Sterling Overnight Index Ave Rate)

HFRX                                    1181.28      0.50%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £97.25 Yield 2.07%

One Pound will buy 1.4928 US Dollars

One Pound will buy 1.1500 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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Market Numbers Friday 1st March 2013

Market NumbersThis Week’s Snapshot View of the Markets: Below are closing numbers as at Friday 1st March 2013. For more discussion about how the financial markets may affect your own personal or business financial situation, protection, pensions or investments, why not get in touch?: 01276 471083 OR cedar@s-cm.com

FTSE 100                              6378.60      0.68%    on the week

FTSE All Share                     3358.29     0.66%    on the week

Brent Crude $ per barrel      110.40      -2.76%     on the week

Gold $ per troy ounce         1582.25       0.36%     on the week

Silver $ per troy ounce         28.01        -2.71%     on the week

Copper US$ per tonne        7664.00     -2.34%     on the week   (LME 3 months)

Wheat Futures CBOT          713.25       -1.11%     on the week   (US$ per bushel – Contract 5000 bushels/136 tonnes)

Palm Oil US$ per tonne      840.00      -2.61%   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 %                            0.15400   last week : 0.15650

Euro Libor %                         0.01857   last week : 0.01714

GBP Libor %                         0.48125  last week : 0.48125

Euro Euribor 3 mnths %     0.21   last week : 0.22

Sterling CDs 3 mnths %       0.48  last week : 0.48

RONIA  %                            0.4526  l wk : 0.4406 (Repurchase Overnight Index Ave Rate)

SONIA   %                            0.4305  l wk : 0.4330 (Sterling Overnight Index Ave Rate)

HFRX                                    1175.40    -0.12%  on the week  (Global Hedge Fund Index)

10 Year Government Bond (Gilt) Price £98.77 Yield 1.89%

One Pound will buy 1.5011 US Dollars

One Pound will buy 1.1561 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

Posted in Business Financial Planning, Chartered Financial Planner, Economics, Financial Planning, Independent Financial Advice, Investments, Markets, Pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,