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Report: ML Morning Meeting

Sub-Saharan Kenya, Nigeria and Ghana - did bad last year and their underperformance is back. While Turkey, Israel and Bosnia are bouncing strongly despite last year troubles

Source: ML

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Chart: Worst 20 Markets Last Year Vs. Their YTD Perfromance.. Sub-Saharan Kenya, Nigeria and Ghana - did bad last year and their underperformance is back. While Turkey, Israel and Bosnia are bouncing strongly despite last year troubles Source: ML Download file in Power Point Comment Weekly performance is between 2017-03-23 and 2017-03-17 Best global markets last week FM (FRONTIER MARKETS) +0.59%, EFM ASIA +0.27%, EM (EMERGING MARKETS) +0.24%, While worst global markets last week USA -1.41%, EM LATIN AMERICA -0.60%, EUROPE 0.12%, The Cape measure also suggests US equities are overvalued Record Number of Fund Managers Say US Equities Are Overvalued Emerging markets land top of managers' portfolios with rising rates EMERGING MARKETS-Emerging markets held back by Trump ... China stocks inch up despite B-share slump MSCI seeks feedback on potential China stocks inclusion Are European equities undervalued? Funds invested in 'cheap ... European equities hit highest level since 2015 Venezuela In Dire Straits As Oil Production Falls Further The Upcoming Surge In US Oil Demand Explained In One Chart Iron ore price drops on China steel demand doubts Steel Price Forecast, February 2017: The Rally Picks Back Up Again Current Gold rate: Check out current gold price Gold rate: Check out latest Gold price, trends and market outlook Best since the start of the week among various stock markets were BOTSWANA +5.80%, GHANA +3.66%, KENYA +2.69%, UKRAINE +2.61%, VIETNAM +2.61%, COLOMBIA +1.81%, ARGENTINA +1.62%, RUSSIA +1.60%, SOUTH AFRICA +1.57%, CHILE +1.43%, While worst since the start of the week among various stock markets were NEW ZEALAND -3.21%, CROATIA -2.92%, JAMAICA -2.57%, HUNGARY -2.20%, EGYPT -1.98%, BRAZIL -1.83%, NORWAY -1.71%, GREECE -1.67%, POLAND -1.63%, SINGAPORE -1.49%,

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