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Indexes
Currencies
Commodities
Rates

Index Performance

Changes between 2016-08-22 and 2016-08-23
NdexLastWkChPct
MICEX Index1979.090.99
S&P/TSX Composite Index14748.190.41
Karachi Stock Exchange KSE100 39481.140.34
Korea Stock Exchange KOSPI Ind2050.290.31
Hong Kong Hang Seng Index22920.450.25
Warsaw Stock Exchange WIG Tota47619.490.17
FTSE/JSE Africa All Share Inde52828.930.11
Mexican Stock Exchange Mexican48293.46-0.01
S&P 500 Index2182.64-0.06
S&P BSE SENSEX Index27953.69-0.06
Russian Depositary Index USD1130.28-0.06
Dow Jones Industrial Average18529.42-0.12
Borsa Istanbul 100 Index77953.25-0.25
Russian Trading System Cash In963.04-0.27
Shanghai Stock Exchange Compos3087.647-0.37
FTSE 100 Index6828.54-0.44
Deutsche Boerse AG German Stoc10494.35-0.47
Nikkei 22516487.42-0.67
Jakarta Stock Exchange Composi5374.137-0.82
Ibovespa Brasil Sao Paulo Stoc57781.24-2.23

Weekly Currency Performance
CurrencyLastWkChPct
USDRUB64.84221.01
USDKZT341.320.74
USDAZN1.65270.47
USDPKR104.8050.06
USDBRL3.2007-0.13
USDCAD1.2908-0.14
USDINR67.0788-0.18
USDTRY2.9355-0.26
USDCNY6.6452-0.29
USDLVL0.62004-0.51
USDEUR0.8821-0.53
USDNOK8.212-0.59
USDAUD1.3088-0.70
USDJPY100.11-0.77
USDZAR13.4848-0.84
USDKRW1116.25-0.87

Weekly Commodities Performance
nameunitsPriceWeekCh
CoffeeUSD/LB.146.403.39
SugarUSD/LB.20.423.29
RiceUSD/CWT10.561.64
NATURAL GAS (NYMEX)USD/MMBTU2.671.52
SilverUSD/T OZ.19.020.90
OatsUSD/BU.186.750.81
SoybeansUSD/BU.1009.250.67
GOLDUSD/T OZ.1338.420.40
CattleUSD/LB.110.350.09
PlatinumUSD/T OZ.1103.35-0.14
CornUSD/BU.339.75-0.59
CopperUSD/MT4748.50-1.03
HogsUSD/LB.61.15-1.26
PalladiumUSD/T OZ.691.71-1.82
OIL BrentUSD/BBL.48.77-2.62
COCOAUSD/MT2984.00-3.71

Weekly Bond Rates Performance Change in btps
countryyieldWk1m1y
GREECE 7.94%8 +12 -150
BRAZIL 11.81%3 -10 -216
MEXICO 5.83%2 -6 -19
PORTUGAL 2.99%1 -3 +39
HONG KONG 0.86%1 -7 -74
INDIA 7.16%1 -9 -62
SINGAPORE 1.77%-1 +2 -79
SPAIN 0.93%-2 -18 -108
SWITZERLAND -0.57%-2 +0 -33
JAPAN » -0.10%-2 +13 -45
SOUTH KOREA 1.41%-2 +1 -84
ITALY 1.10%-3 -13 -75
NEW ZEALAND 2.24%-3 +5 -96
NETHERLANDS 0.02%-4 -7 -76
UNITED STATES » 1.54%-5 -2 -49
GERMANY » -0.09%-5 -6 -65
FRANCE 0.13%-5 -7 -81
UNITED KINGDOM » 0.56%-6 -24 -113
AUSTRALIA » 1.84%-6 -6 -74

Weekly GEM Sov. Bond Rates Performance Change in btps
Data in this table is from last Thursday Fixed Income update
CountryAverage YieldYield Average change % pts
Ukraine8.430.40
Russian Federation4.030.06
Croatia (Hrvatska)3.750.05
South Africa4.040.02
Chile2.590.01
Serbia3.600.01
Turkey4.490.01
Philippines2.390.00
United States0.510.00
Romania3.13-0.02
Poland2.13-0.03
China2.40-0.04
Vietnam3.57-0.06
Malaysia3.54-0.07
Lebanon6.36-0.07
Uruguay3.72-0.07
Morocco2.90-0.08
Dominican Republic4.85-0.08
Hungary3.21-0.08
Kazakhstan4.39-0.09
Pakistan5.41-0.09
Mexico3.80-0.09
Egypt5.73-0.10
Brazil4.41-0.10
Slovak Republic1.63-0.10
Paraguay5.05-0.10
Argentina5.86-0.11
Costa Rica5.80-0.11
Jamaica5.27-0.11
Indonesia3.64-0.11
Peru3.27-0.12
Colombia3.47-0.12
Panama2.77-0.12
El Salvador7.26-0.12
Sri Lanka5.01-0.12
Cote D'Ivoire (Ivory Coast)5.68-0.13
Lithuania2.04-0.14
Azerbaijan4.74-0.16
Angola9.62-0.17
Oman3.75-0.22
Kenya7.00-0.23
Ethiopia6.90-0.25
Gabon7.41-0.28
Ghana9.57-0.28
Iraq9.42-0.35
Ecuador9.91-0.42
Tunisia5.96-0.43
Zambia9.05-0.63
Mongolia7.23-0.98
Venezuela26.04-1.29

Chart: businessinsider.com.au

Following Steel Price Dynamics Coking Coal Prices are Quite Upbeat

Source: businessinsider.com.au



Market Comment  Political & Economic News   Today's Economic Events   Today's Stock Results   Recent ML Reports  

Key Comment





Best since the start of the week among various stock markets was MICEX Index +0.99%, S&P/TSX Composite Index +0.41%, Karachi Stock Exchange KSE100 +0.34%, Korea Stock Exchange KOSPI Ind +0.31%,

While worst since the start of the week among various stock markets was Ibovespa Brasil Sao Paulo Stoc -2.23%, Jakarta Stock Exchange Composi -0.82%, Nikkei 225 -0.67%, Deutsche Boerse AG German Stoc -0.47%,

Best week to date in FX space vs. greenback was USDKRW +0.87%, USDZAR +0.84%, USDJPY +0.77%,

While worst week to date in FX space vs. greenback was USDRUB -1.01%, USDKZT -0.74%, USDAZN -0.47%,

Best among commodities versus last Friday close was Coffee +3.39%, Sugar +3.29%, Rice +1.64%,

While worst among commodities versus last Friday close was COCOA -3.71%, OIL Brent -2.62%, Palladium -1.82%,

Best among bonds since week to date week was AUSTRALIA » +6bpts, UNITED KINGDOM » +6bpts,

While worst among bonds since week to date week was GREECE -8bpts, BRAZIL -3bpts,

News


China
  • Suu Kyi meets China president during visit/.../
  • Canadian Prime Minister Goes to China to Attend G20 Summit to .../.../
  • Moody's upgrades China's economic growth forecasts after stimulus/.../
  • Growth slowdown in China's investment continues in July/.../
  • China's Human Rights Violations and Population Control Policies/.../
  • With world trade in the doldrums, the threat of a new currency war .../.../
  • 70 to 2: What the Rio Olympics medal tally says about China-India .../.../
  • Fears of Liquidity Trap May Worsen China's Debt Problem/.../
    South Africa
  • South Africa: President Jacob Zuma Congratulates Team South .../.../
  • LGE 2016: Scrum over Mandela's legacy exposes hollow heart of .../.../
  • South Africa just leapt over Nigeria to become Africa's largest .../.../
  • Africa: Kigali Investments Summit to 'Demystify' Africa's Potential/.../
  • North Korea's Manbang Is Like Netflix, But For Propaganda/.../
  • Africa and Asia set to become UK's biggest suppliers in wake of Brexit/.../
  • S. Africa's ANC Seeks Budget Focus on Jobs as Support Drops/.../
  • Emerging Stocks, Currencies Drop as Traders Weigh Fed Timing/.../
    Australia
  • Rio 2016: Australian medal tally 'not what we expected', Olympic .../.../
  • Rio 2016: Japan's Prime Minister Shinzo Abe appears at closing .../.../
  • Australia Breaking Ground on Economic Growth in Malaita/.../
  • China Power Giant's Grid Bid Tests Australia Investment Nerve/.../
  • Australia's tough border policies are necessary/.../
  • NSW shapes up as the big winner in GST carve-up/.../
  • Federal budget repair requires bipartisan maturity from Coalition .../.../
  • Investors confident on Australia debt after ratings scare, says top .../.../
    Korea
  • South Korea President Park leaves out Kim Jong Un in unification .../.../
  • Deputy Prime Minister to Attend Korea-Russia Economic Science .../.../
  • Three Promising Areas for Greater US–South Korean Economic .../.../
  • S Korea's Samsung Biologics, Bobcat brave Asia's second-worst .../.../
  • Can America Share Its Superpower Status?/.../
  • South Korea's Exports to China Fell for 13th Consecutive Month/.../
  • Kim Jong-un blows almost £29m on cigars and cigarettes with North .../.../
  • Election Rout May Scuttle Call for Bank of Korea Debt Buying/.../
    India
  • Why Trump is the US President India needs/.../
  • If India's Prime Minister Wants Economic Reform, He Must Stand For .../.../
  • India's economic growth could shift focus from Pacific/.../
  • Here's Why General Motors Is Re-Assessing Its India Investment/.../
  • Area tribes tackle challenging health topics at annual summit/.../
  • India's exports better placed in product diversification/.../
  • India's Central Bank Must Stay Independent/.../
  • Biggest Investors Honor India Debt Rally With Record Bond Sales/.../
    Canada
  • Readout of Vice President Biden's Call With Prime Minister Justin .../.../
  • Canadian Prime Minister Justin Trudeau defends the burkini/.../
  • Bill Morneau: Lack Of Global Economic Growth A 'Real Challenge .../.../
  • Government of Canada Invests $6.3M to Support Eastern Ontario .../.../
  • Syrian refugees give Canada's population a significant boost in Q1/.../
  • Five things you should know before you start your work day on Aug. 22/.../
  • Goodwill sale: everything must go!/.../
  • Canada's debt map: How much governments have borrowed where .../.../
    Turkey
  • Turkey's president says wedding attacker who killed dozens was .../.../
  • Turkey's Prime Minister Pledges Greater Role in Syria/.../
  • Downside risks on Turkey's economic growth increased, Turkish .../.../
  • Fitch On Turkey: Debt Rating Safe, Outlook Negative/.../
  • Putin underestimated Ukrainians and overestimated his ability to .../.../
  • WASDE: 2016 pork production lowered/.../
  • Turkey imposes import tax on thermal coal for power generation/.../
  • Fitch cuts Turkey debt outlook after coup attempt/.../
    Brazil
  • Brazil's president to begin impeachment trial/.../
  • Rio Olympics closing ceremony ends with Tokyo prime minister .../.../
  • Rio Olympics Causes 'Real Problems' In Brazil/.../
  • BTG Profit Misses Estimates on Principal-Investment Loss/.../
  • How Brazil's Olympic Dream Died/.../
  • The only way is up/.../
  • How Much Have The Rio Olympics Cost Brazil? Budget Of The .../.../
  • EDP Brasil eyes expansion in Brazil transmission, generation/.../
    Russia
  • Yemen's ex-president says could work with Russia to 'fight terrorism'/.../
  • Palestine Expects Russian Prime Minister's Visit on November 11/.../
  • Russia's Only Escape From Its Budget Pain Is Economic Growth/.../
  • Russia Investment Bet Turning Out A Winner/.../
  • Demographic Divergence/.../
  • Why the Russian Index MICEX Is Trading at a Record High/.../
  • RPT-Russia takes budget gamble by shelving Bashneft stake sale/.../
  • 'Brexit' Really Helped These Bond Lords/.../

    Econ Events Today


    2016-08-23 China MNI Business Sentiment Indicator�AUG
  • China's MNI Business Sentiment Weakens in August
  • In the next article, we will look at China's Westpac MNI Consumer ...
  • AUSTRALIAN DIARY: Everything you need to know about the week ...
  • MNI China Business Sentiment Improved: Will Growth Pick Up?


    2016-08-23 Turkey Consumer Confidence�AUG
  • Poll: Brits want EU migrants to stay after Brexit
  • Irish grocers see consumer spending rise for fifth quarter
  • Think jobs, spending and house prices seem Brexit-proof? Fingers ...
  • Stratfor's Global Intelligence: Week of Aug. 22, 2016


    2016-08-23 Turkey TCMB Interest Rate Decision�
  • Erdoganomics
  • Erdoganomics
  • Pound to Euro (GBP/EUR), Sterling to Turkish Lira (GBP/TRY ...
  • Turkish government moves to reassure investors on central bank in...


    2016-08-23 Turkey TCMB Overnight Lending Rate�
  • European Central Bank cuts main interest rate to zero to try to lift ...
  • European Central Bank cuts main interest rate to zero to try to lift ...
  • US Federal Reserve raises interest rates for first time since 2006
  • European Market Update: BOE Poised To Ease In Its 1st Decision ...


    2016-08-23 BRazil IPCA mid-month CPI MoM�AUG
  • USD broadly lower as risk sentiment improves


    2016-08-23 BRazil IPCA mid-month CPI YoY�AUG
  • USD broadly lower as risk sentiment improves


    2016-08-23 BRazil Current Account�JUL
  • Brazilian current account balance likely improved in July, albeit at ...
  • Brazilian current account balance likely improved in July, albeit at ...
  • Global Economy Week Ahead: Jackson Hole Gathering, Eurozone ...
  • Olympics|US Swimmers' Disputed Robbery Claim Fuels Tension in ...


    2016-08-23 BRazil Foreign Direct Investment�JUL
  • Pacific's Board of Directors Reaffirms Creditor/Catalyst Restructuring ...
  • 27 SA companies to take part in Maputo trade fair
  • Shawnee looks to attract more foreign investors
  • What Donald Trump's plan to slash US corporate taxes would mean ...


    2016-08-23 US Redbook YoY�20/AUG
  • Interview: Richard Demarco on Joseph Beuys
  • Interview: Richard Demarco on Joseph Beuys
  • Chinese state media breaks silence on Cultural Revolution
  • Clothing chain Urban Outfitters gets political, targeting Trump haters ...


    2016-08-23 US Redbook MoM�20/AUG
  • Waterford City Under 16s
  • Waterford City Under 16s
  • Bantry Bay RFC
  • Bantry Bay Women in action


    2016-08-23 US Markit Manufacturing PMI Flash�AUG
  • PRECIOUS-Gold steady as markets await US rate hike clues
  • US August manufacturing indicator
  • Week Ahead – All eyes on Yellen at Jackson Hole; Flash Eurozone ...
  • July New Home Sales Expected to Show Decline -- Data Week Ahead


    2016-08-23 US New Home Sales�JUL
  • US new home sales seem to have dropped slightly in July
  • US new-home sales climbed in June to more than 8-year high
  • US consumer confidence steady; new home sales near eight-and-a ...
  • US home construction climbed to a 6-month high in July


    2016-08-23 US New Home Sales MoM�JUL
  • Caring neighbors help couple throw incredible 'block party' wedding
  • America's rice crop threatened by Louisiana flooding, Arkansas rain
  • A Life: Helen Wallace, New Hampshire's First Female Meter Reader ...
  • This couple discovered that renovating a nearly 100-year-old house ...


    2016-08-23 US Richmond Fed Manufacturing Index�AUG
  • US Stocks Ease as Markets Watch Oil, Fed
  • Business diary: Kingspan, INM and Paddy Power results due
  • Dollar rebounds broadly on short-covering ahead of weekend: Aug ...
  • Listening to Janet Yellen; US Housing: Week Ahead Aug. 22-27


    2016-08-23 US 4-Week Bill Auction�
  • S&P 500 Futures: August Options Expiration Drop & Pop
  • 4-Week Treasury Bills Auction: What Made High Discount Rate Rise?
  • Why Fundamental Demand Tanked for 4-Week Treasury Bills
  • S&P 500 Futures: Buy $800 Million


    2016-08-23 US 2-Year Note Auction�
  • Yield on US 2-year hits high after note sale
  • Yield on US 2-year hits high after note sale
  • TREASURIES-US bond prices fall ahead of auctions, Yellen speech
  • TREASURIES-US short-dated yields rise on weak auction before ...


    2016-08-23 Japan Nikkei Manufacturing PMI Flash�AUG
  • Japan manufacturing PMI up to 49.6 in August
  • Japanese Yen Trading Lower In The Asian Session
  • Japan Flash Manufacturing PMI Signals Intensifying Export And ...
  • Final Japan Nikkei PMI Confirms Fifth Consecutive Decline in ...


    2016-08-23 Japan BoJ Gov Kuroda Speech�
  • Bank of Japan Governor Haruhiko Kuroda says he won't rule out ...
  • U.K. Stocks Little Changed as Investors Speculate on Fed Policy
  • Japanese bonds remain lower in subdued trade consumer inflation ...
  • Dollar Higher Against Yen on Fed Comments, BOJ Report


    2016-08-23 EU Markit Composite PMI Flash�AUG
  • 3 Numbers: Eurozone Composite PMI likely to tick lower
  • Week Ahead – All eyes on Yellen at Jackson Hole; Flash Eurozone ...
  • Brexit is having almost no impact on the European economy
  • Bank of England rate cut 'a foregone conclusion' after UK business ...


    2016-08-23 EU Markit Manufacturing PMI Flash�AUG
  • Asia stocks edge up amid Fed lull, oil slips
  • Week Ahead – All eyes on Yellen at Jackson Hole; Flash Eurozone ...
  • US August manufacturing indicator
  • UK manufacturing data worse than expected, with mixed US and ...


    2016-08-23 EU Markit Services PMI Flash�AUG
  • FxWirePro: The Day Ahead- 23rd August, 2016
  • Week Ahead – All eyes on Yellen at Jackson Hole; Flash Eurozone ...
  • US August manufacturing indicator
  • What Does the Global Markit Services PMI Show?


    2016-08-23 EU ECB Coeur� Speech�
  • Speech Benoît Cœuré: Assessing the implications of negative ...
  • Speech Benoît Cœuré: Assessing the implications of negative ...
  • Negative Rates for the People Arrive as German Bank Gives In
  • Are Negative Rates Backfiring? Here's Some Early Evidence


    2016-08-23 EU Consumer Confidence Flash�AUG
  • Poll: Brits want EU migrants to stay after Brexit
  • Exchange Rate Forecasts for British Pound, Euro and US Dollar ...
  • Dollar Losses Set Stage For Recovery
  • Europe grocery markets grows at slowest rate on record: Report



    Econ Events Yesterday


    2016-08-22 Turkey Central Government Debt�JUL
  • Oil Retreat Weighs on Asian Energy Stocks as Dollar Loses Ground
  • Collapse in pay value sees more than 1.5 million families in extreme ...

    2016-08-22 BRazil Federal Tax Revenues�JUL
  • Brazil federal tax revenues down 5.8 pct in July
  • Brazil's monthly tax revenues fall to six-year low

    2016-08-22 Canada Wholesale Sales MoM�JUN
  • Forecasts Suggest Pound / Canadian Dollar Rate Turning More ...
  • Idahoans pay 35 cents more a gallon than US average

    2016-08-22 Australia CB Leading Indicator�JUN
  • Earnings remain in focus
  • FxWirePro: The Day Ahead- 22nd August, 2016

    2016-08-22 US Chicago Fed National Activity Index�JUL
  • July Chicago Fed National Activity Index Hits 2016 High
  • Gold, Silver Pressured By Bearish Outside Markets

    2016-08-22 US 3-Month Bill Auction�
  • S&P 500 Futures: August Options Expiration Drop & Pop
  • Treasury Sells Three-Month Bills at Zero Yield for First Time

    2016-08-22 US 6-Month Bill Auction�
  • S&P 500 Futures: August Options Expiration Drop & Pop
  • Bids at US 6-month T-bill sale highest in 6 weeks

    Results


    Our Recent Research Reports

  • 2016-08-22 ML Fixed Income Weekly
  • 2016-08-22 ML Weekly
  • 2016-08-22 ML Commodities Weekly
  • 2016-08-19 ML Morning Meeting
  • 2016-08-18 ML Morning Meeting
  • 2016-08-18 ML Agribusiness Weekly

    Select Equity Data Snapshot

    Cheapest on Earnings

    valueStockOriginPE
    Eneva SAENEV3:BZBrazil0.4
    Siemens LtdSIEM:INIndia1.0
    Surgutneftegas OJSCSNGS:RMRussia1.6
    Surgutneftegas OJSCSNGSP:RMRussia1.8
    SK Holdings Co Ltd034730:KSKorea1.9
    Korea Electric Power Corp015760:KSKorea2.7
    Rural Electrification Corp LtdRECL:INIndia3.3
    Banco do Estado do Rio Grande do Sul SABRSR6:BZBrazil4.0
    Gazprom PJSCGAZP:RMRussia4.1
    Chongqing Rural Commercial Bank Co Ltd3618:HKChina4.2
    Braskem SABRKM5:BZBrazil4.3
    BNK Financial Group Inc138930:KSKorea4.3
    Agricultural Bank of China Ltd1288:HKChina4.4
    Banco do Brasil SABBAS3:BZBrazil4.4
    Federal Grid PJSCFEES:RMRussia4.5
    EDP - Energias do Brasil SAENBR3:BZBrazil4.5
    China CITIC Bank Corp Ltd998:HKChina4.6
    Huaneng Power International Inc902:HKChina4.6
    Industrial & Commercial Bank of China Ltd1398:HKChina4.6
    Bank of Communications Co Ltd3328:HKChina4.7

    Select FI Data Snapshot

    Country Average Sovereign Yield Change USD Eurobonds Weekly

    CountryAverage YieldYield Average change % pts
    Ukraine8.430.40
    Russian Federation4.030.06
    Croatia (Hrvatska)3.750.05
    South Africa4.040.02
    Chile2.590.01
    Serbia3.600.01
    Turkey4.490.01
    Philippines2.390.00
    United States0.510.00
    Romania3.13-0.02
    Poland2.13-0.03
    China2.40-0.04
    Vietnam3.57-0.06
    Malaysia3.54-0.07
    Lebanon6.36-0.07
    Uruguay3.72-0.07
    Morocco2.90-0.08
    Dominican Republic4.85-0.08
    Hungary3.21-0.08
    Kazakhstan4.39-0.09
    Pakistan5.41-0.09
    Mexico3.80-0.09
    Egypt5.73-0.10
    Brazil4.41-0.10
    Slovak Republic1.63-0.10
    Paraguay5.05-0.10
    Argentina5.86-0.11
    Costa Rica5.80-0.11
    Jamaica5.27-0.11
    Indonesia3.64-0.11
    Peru3.27-0.12
    Colombia3.47-0.12
    Panama2.77-0.12
    El Salvador7.26-0.12
    Sri Lanka5.01-0.12
    Cote D'Ivoire (Ivory Coast)5.68-0.13
    Lithuania2.04-0.14
    Azerbaijan4.74-0.16
    Angola9.62-0.17
    Oman3.75-0.22
    Kenya7.00-0.23
    Ethiopia6.90-0.25
    Gabon7.41-0.28
    Ghana9.57-0.28
    Iraq9.42-0.35
    Ecuador9.91-0.42
    Tunisia5.96-0.43
    Zambia9.05-0.63
    Mongolia7.23-0.98
    Venezuela26.04-1.29