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Tactical Stance

Strategic Stance




Best 15 Markets last Week

nameWeekChange
ZIMBABWE28.12
SOUTH AFRICA5.56
ESTONIA5.55
KOREA5.37
GREECE4.93
HUNGARY4.83
POLAND4.35
AUSTRALIA3.28
SLOVENIA3.21
TAIWAN3.19
JAMAICA3.06
AUSTRIA2.84
NORWAY2.81
QATAR2.52
BELGIUM2.50

Worst 15 Markets Last Week

nameWeekChange
SAUDI ARABIA DOMESTIC-3.63
KUWAIT-2.89
PAKISTAN-2.56
MEXICO-2.01
OMAN-1.96
UKRAINE-1.73
KENYA-1.73
BANGLADESH-1.17
SRI LANKA-1.07
GHANA-0.72
EGYPT-0.64
ISRAEL-0.43
COLOMBIA-0.33
TUNISIA-0.25
BULGARIA-0.22

Best 10 Market Last 12 Months

CountryChangePct
ZIMBABWE519.31
JAMAICA82.82
AUSTRIA60.98
POLAND55.96
HUNGARY46.99
ARGENTINA46.64
GHANA46.38
ITALY44.58
BULGARIA43.99
PERU41.57

Worst 10 Market Last 12 Months

CountryChangePct
LEBANON-0.75
NEW ZEALAND-1.26
TRINIDAD AND TOBAGO-1.57
UKRAINE-2.03
OMAN-10.67
ISRAEL-11.37
BOTSWANA-15.31
PAKISTAN-17.13
QATAR-17.51
EGYPT-29.69

Country Average Sovereign+Corporate USD Yields Ordered By YTD Yield Chance

countryYieldYieldChange
Hong Kong57.2144.11
Venezuela33.249.54
Canada9.671.59
Qatar3.590.04
Israel4.09-0.12
United States5.56-0.19
Oman4.73-0.20
Korea (South)3.73-0.29
Bahrain5.46-0.33
Slovak Republic2.39-0.34
Jordan5.89-0.35
China3.80-0.40
Trinidad and Tobago5.00-0.41
Germany3.91-0.43
Philippines3.17-0.44
New Zealand5.04-0.44
Finland2.23-0.49
United Arab Emirates3.64-0.53
Lebanon6.30-0.58
Pakistan5.17-0.60
Thailand2.83-0.62
Guatemala4.26-0.64
Netherlands3.98-0.69
Russian Federation3.80-0.70
Chile4.33-0.70
Morocco3.74-0.70
Peru3.52-0.71
Tunisia6.16-0.73
Lithuania2.24-0.78
South Africa4.67-0.80
Azerbaijan4.85-0.81
Kuwait3.74-0.81
United Kingdom5.27-0.83
Japan2.99-0.83
Poland2.56-0.85
Malaysia3.36-0.85
France5.41-0.87
Romania3.31-0.88
Italy4.76-0.89
Taiwan3.24-0.90
Colombia4.27-0.91
Mexico4.35-0.91
Ireland5.47-0.91
Panama3.46-0.92
Cote D'Ivoire (Ivory Coast)5.73-0.93
Paraguay5.16-0.94
Hungary2.92-0.95
Indonesia3.69-1.01
Gabon6.70-1.04
Uruguay3.77-1.08
Croatia (Hrvatska)3.08-1.09
El Salvador6.78-1.13
Brazil5.23-1.17
India3.82-1.19
Turkey4.79-1.22
Costa Rica5.70-1.28
Ecuador7.32-1.30
Vietnam3.47-1.34
Serbia2.99-1.38
Kazakhstan4.31-1.41
Kenya6.41-1.43
Egypt4.96-1.54
Dominican Republic4.73-1.57
Zambia7.42-1.68
Nigeria5.37-1.72
Ghana6.60-1.74
Iraq7.46-1.79
Senegal3.89-1.82
Sri Lanka4.46-1.85
Ethiopia6.10-1.92
Argentina5.64-1.97
Angola8.07-2.05
Jamaica6.67-2.08
Ukraine6.55-2.15
Mongolia5.75-2.57
Luxembourg7.38-3.56

Fund flows Last Week

FocusObjectiveAsset ClassFlow USD mn
CommoditiesINDUSTRIAL METALSCommodity-107.58
CommoditiesPRECIOUS METAL SECTOREquity1824.97
CommoditiesPRECIOUS METALSCommodity513.28
CommoditiesPRECIOUS METALSMixed Allocation2.91
countryAUSTRALIAEquity-84.65
countryAUSTRALIAFixed Income-58.21
countryAUSTRALIAMixed Allocation-0.04
countryBRAZILEquity459.49
countryBRAZILFixed Income-69.80
countryCHINAEquity-843.81
countryCHINAFixed Income-53.91
CountryEGYPTEquity-0.34
countryINDIAEquity-565.22
countryINDIAFixed Income-17.63
countryISRAELEquity0.13
countryJAPANEquity-712.41
countryJAPANFixed Income-97.21
countryJAPANMixed Allocation1.78
countryKOREAEquity-41.23
countryPOLANDEquity8.80
countryRUSSIAEquity160.41
countryRUSSIAFixed Income-30.02
countrySOUTH AFRICAEquity-2.63
countrySPAINEquity28.60
CountryTAIWANEquity-23.48
countryTURKEYEquity-0.51
countryUNITED KINGDOMEquity-88.44
industryBASIC MATERIALS SECTOREquity804.18
industryCOMMUNICATIONS SECTOREquity320.02
industryENERGY SECTOREquity-1557.02
industryENERGY SECTORMixed Allocation-0.09
industryFINANCIAL SECTOREquity-440.23
industryHEALTH CARE SECTOREquity-496.53
industryINDUSTRIAL SECTOREquity-271.45
industryMULTIPLE SECTOREquity-8.78
industryNATURAL RESOURCES SECTOREquity-79.21
industryREAL ESTATE SECTORAlternative-1.15
industryREAL ESTATE SECTOREquity950.60
industryTECHNOLOGY SECTOREquity1432.83
industryUTILITIES SECTOREquity-517.04
regionAFRICAN REGIONEquity-4.12
regionAFRICAN REGIONFixed Income5.48
regionASIAN PACIFIC REGIONEquity-89.73
regionASIAN PACIFIC REGIONFixed Income230.25
regionASIAN PACIFIC REGIONMixed Allocation-404.80
regionASIAN PACIFIC REGION EX JAPANEquity-1252.90
regionASIAN PACIFIC REGION EX JAPANFixed Income-6.81
regionASIAN PACIFIC REGION EX JAPANMixed Allocation190.61
regionEASTERN EUROPEAN REGIONEquity167.78
regionEASTERN EUROPEAN REGIONFixed Income5.55
regionEASTERN EUROPEAN REGIONMixed Allocation-0.45
regionEUROPEAN REGIONEquity-1149.79
regionEUROPEAN REGIONFixed Income212.02
regionEUROPEAN REGIONMixed Allocation25.99
regionLATIN AMERICAN REGIONEquity283.39
regionLATIN AMERICAN REGIONFixed Income138.79
regionMIDDLE EAST REGIONEquity-5.62
regionMIDDLE EAST REGIONFixed Income2.09
regionNORDIC REGIONEquity-314.66
regionNORTH AMERICAN REGIONEquity93.91
regionNORTH AMERICAN REGIONFixed Income-39.99
RiskGOVERNMENT BONDAlternative-1.89
RiskGOVERNMENT BONDEquity0.06
RiskGOVERNMENT BONDFixed Income648.04
RiskGOVERNMENT BONDMixed Allocation-0.81
RiskINFLATION PROTECTEDBrazil-4.57
RiskINFLATION PROTECTEDFixed Income551.18
RiskLONG SHORTAlternative-24.00
RiskLONG SHORTEquity193.45
RiskLONG SHORTFixed Income-3.54
RiskLONG SHORTMixed Allocation1.57
SectorAGRICULTURECommodity50.94
SectorAGRICULTUREEquity0.00
SectorCONSUMER DISCRETIONARYEquity36.13
SectorCONSUMER STAPLESEquity16.69
segmentBRICEquity-18.04
segmentBRICFixed Income-14.13
segmentDEVELOPED MARKETSEquity230.90
segmentEMEAEquity-3.34
segmentEMEAFixed Income6.25
segmentEMERGING MARKETSEquity3896.01
segmentGCCEquity-0.09
segmentGCCFixed Income-0.08
segmentGCCMixed Allocation-1.70
segmentMENAEquity-0.97
segmentMENAFixed Income-2.41
SizeLARGE-CAPEquity-8936.50
SizeMID-CAPCommodity-0.92
SizeMID-CAPEquity-937.12
SizeSMALL-CAPEquity-2032.83

Chart: Zimbabwe Stocks via Imara investment vehicle.. All was very good this year in a market that has risen 500%,

but can the profits be fixed? In this illiquid Harare market

Source: ML

Download file in Power Point

Comment

Weekly performance is between 2017-10-13 and 2017-10-06

Best global markets last week EM (EMERGING MARKETS) +2.07%, EFM ASIA +2.01%, EUROPE +1.36%,

While worst global markets last week USA 0.10%, FM (FRONTIER MARKETS) 0.18%, EM LATIN AMERICA 0.40%,
  • Sluggish start for European stocks after US rally
  • US Equities: 'Dancing While The Music Plays?'
  • China and emerging markets have to stay 'vigilant' to possible risks ...
  • Emerging market party buttressed by upbeat IMF outlook – HSBC
  • China stocks little changed ahead of party congress, GDP data
  • China Stocks Decline During and After the Party Congress
  • European equities fail to take bullish bait from Asia
  • European equities ease on firmer euro
  • Clashes In Kurdistan Send Oil Prices Higher
  • Chinese EV Boom Could Crash Oil Prices
  • Iron ore price leaps again
  • SAIL raises flat steel prices by Rs 600 a tonne; hike double of lapsed ...
  • Gold rate per gram: Check out current gold price per gram
  • Gold price down Rs 129 to Rs 29725 on profit booking, global cues

    Best last week among various stock markets were ZIMBABWE +28.12%, SOUTH AFRICA +5.56%, ESTONIA +5.55%, KOREA +5.37%, GREECE +4.93%, HUNGARY +4.83%, POLAND +4.35%, AUSTRALIA +3.28%, SLOVENIA +3.21%, TAIWAN +3.19%,

    While worst last week among various stock markets were SAUDI ARABIA DOMESTIC -3.63%, KUWAIT -2.89%, PAKISTAN -2.56%, MEXICO -2.01%, OMAN -1.96%, KENYA -1.73%, UKRAINE -1.73%, BANGLADESH -1.17%, SRI LANKA -1.07%, GHANA -0.72%,

    Best YTD among various country equities were ZIMBABWE +386.06%, GHANA +69.97%, ARGENTINA +68.90%, JAMAICA +59.16%, POLAND +50.46%, AUSTRIA +49.74%, CHINA +46.67%, KOREA +38.78%, CHILE +36.88%, HUNGARY +35.49%,

    While worst YTD among various country equities were PAKISTAN -26.92%, QATAR -18.38%, OMAN -12.88%, LEBANON -8.15%, BOTSWANA -7.41%, ISRAEL -4.76%, JORDAN -2.75%, RUSSIA -1.10%, SAUDI ARABIA DOMESTIC -0.65%, UKRAINE -0.48%,


    ML Comics: Markets have been rising on fears of attack on North Korea, then they were rising as the threat of North Korea risk off was less. After some huff and puff - Rob decided to try and raise some money for his future automotive engineering business.

    He put together a presentation

    Source: ML Comics


    Latest ML Comics

    Markets have been rising on fears of attack on North Korea, then they were rising as the threat of North Korea risk off was less. After some huff and puff - Rob decided to try and raise some money for his future automotive engineering business.
    Initial Team
    4 Wheel drive and thoughts about business
    Rear Engine Transmission Shift Problem
    6 Wheeler in the Making
    Rob has a new plan
    Bicycle - a more reliable transportation
    Rob has built a woodie
    Body on Frame

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    MidLincoln Rural Craft Piece
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    Chose Your Country



    News

    Best 10 Market Since the begining of the week


    ZIMBABWE 28.12


  • Plans to make Grace Mugabe Zimbabwe President?
  • 'Liberator and visionary'
  • Sub-Saharan Africa economic growth to pick-up next year
  • Brainworks the first Zimbabwean company to list on JSE
  • What happens after Zimbabwean tyrant Robert Mugabe?
  • Zim faces fresh economic meltdown
  • Zimbabwe: Budget Accountability Necessary for Progress
  • RBZ reschedules debt clearance

    SOUTH AFRICA 5.56


  • Nigerians Are Furious With a Giant Statue of South Africa's ...
  • ANC condemns violence against Myanmar's Rohingya
  • World Bank maintains South Africa's economic growth
  • Messy politics will curb growth, investment and job creation in South ...
  • No South African should ever have to go hungry
  • EXCLUSIVE: Steam coal in the South African inland and global ...
  • South Africa Budget Target a Tough Task, Finance Minister Says
  • Gigaba's flying solo

    ESTONIA 5.55


  • Estonian President Says Russia's Show Of Force Raises Issues Of ...
  • Estonia's former PM Rõivas quits over sexual harassment scandal
  • Estonian PM: productivity growth is slow despite rapid economic ...
  • Research investment 'not a luxury, but a necessity,' Estonian leader ...
  • India- Estonia Relations and how India's technology sector could be
  • August exports up eight, imports 12 percent on year
  • Estonia passes 2017 record level budget spending to bolster defense
  • Estonia's 2016 current account surplus was biggest since regaining ...

    KOREA 5.37


  • South Korea: Park Geun-hye denounces trial as 'political revenge'
  • Korea's Prime Minister Lee Nak-yon expected in Bulgaria
  • South Korea finance ministry says weak domestic recovery holding ...
  • Partners Group sees dynamic shifting as key to Asia growth
  • [Letter to the Editor] Reforming institutions needed for sustained ...
  • South Korea exports to China, US and EU post double digit growth
  • Jeju Air Co Ltd (089590) Plunges -0.57% on Oct 14
  • Korea's Debt-to-GDP Ratio Reaches 232%, Up 49% Points over ...

    GREECE 4.93


  • Greek Leader to Meet With Trump, and 2 More Banks Report Earnings
  • Statement from the Press Secretary on the Visit of Prime Minister ...
  • Investment Is the Missing Ingredient as Greece Rebuilds Economy
  • Gov't attitude to investors questioned at London roadshow
  • IMF's position becomes clearer
  • The transatlantic meaning of Donald Trump: a US-EU Power Audit
  • Greek January-September Government Budget Surplus Slightly ...
  • Exclusive: Greece considers bond swap as looks to bailout exit ...

    HUNGARY 4.83


  • Hungarian PM calls on President Halimah
  • Hungary's Prime Minister vows to combat Middle East persecution ...
  • Hungary on track for over 4 pct growth in second half -minister
  • Restrictions on freedom and diversity tarnish Nehru's dream for India
  • Nepi Rockcastle expands into Hungary
  • Putin, Hungarian PM discuss new nuclear power plant
  • UPDATE 1-Hungary's 2017 budget to target 2.4 pct/GDP deficit -PM ...
  • Hungary on track to reduce FX debt to 23%

    POLAND 4.35


  • Poland's president signs divisive law on civic group funding
  • Poland's Deputy Prime Minister to meet with investors in US
  • IMF expects Polish economy to grow faster
  • Poland Investment Funds And Asset Management Market 2017 ...
  • Polish cut in retirement age comes into force, bucking European trend
  • European Commission raises Polish GDP growth forecast
  • Poland notches up budget surplus, VAT revenue rockets
  • Details of Poland's debt supply for October and Q4

    AUSTRALIA 3.28


  • Higgins shares Brexit concerns with Australian prime minister
  • Higgins shares Brexit concerns with Australian prime minister
  • IMF slashes Australia's economic growth forecast
  • Australia must cut company tax rate from 30%, says Business Council
  • Could South Australia's population growth fall to zero?
  • Australia's gas exports set to surge as new projects come on tap
  • South Australia's budget could be $557 million a year worse off ...
  • Australia's debt levels and housing cost leave it vulnerable, IMF warns

    SLOVENIA 3.21


  • Slovenia's Presidential Election: Pahor Expected to Romp Home
  • Slovenia's Prime Minister Lauds Nation as 'Blockchain-Friendly ...
  • IMF raises significantly Slovenia's 2017 GDP growth forecast
  • Slovenia central bank sees fast growth, urges more investment
  • Tapping into the Diaspora – Angel Investor Support from Abroad
  • UPDATE 1-Slovenia's 2017, 2018 GDP forecasts revised higher ...
  • Slovenia issues new bonds to repurchase US-denominated paper

    TAIWAN 3.19


  • First Pacific regional visit by Taiwan president
  • Taiwan TV anchor refuses to pay $7 bill to Thai salon after they ...
  • Scots exports follow whisky route into Taiwan
  • Taiwan's premier maps out plan to boost economic growth
  • Niko Partners: Taiwan's game market on path to $2.8 billion by 2021
  • UPDATE 2-Taiwan Sept exports surge at best pace in 7 yrs, showing ...
  • Taiwan seeks advanced arms, announces military budget to counter ...
  • Taiwan's private wealth per person ranked 5th highest globally

    Worst 10 Market Since Begining of the Week


    SAUDI ARABIA DOMESTIC -3.63


  • Iran defiant in wake of Trump threat to nuclear deal
  • Analysis | Policy on Iran is widening mutual disdain between ...
  • The remaking of Saudi Arabia: This time it can't afford to fail
  • Saudi Arabia's Great Makeover Can't Afford to Fail This Time
  • Saudi Arabia's Great Makeover Can't Afford to Fail This Time
  • Jordan border crossing with Iraq to reopen in major boost to ties
  • Robert Reich: What Deal Would Putin Make With Trump?
  • Egypt c.bank: Saudi, UAE extend maturities of $4 bln deposits due in ...

    KUWAIT -2.89


  • National Anthem Controversies, From Helsinki to Kuwait
  • Bahraini Prime Minister boasts of the evolving relations with Kuwait
  • Kuwait successful in economic, financial reforms: IMF
  • Kuwait stocks end lower as telecom & real estate drop – Ooredoo ...
  • Middle East Biscuit Market is Expected to Witness Stable Growth ...
  • Beximco in milestone achievement with Kuwait exports
  • Kuwait budget deficit hits $6.43bn
  • Kuwait likely to approve law to enable 30-year bond issues –official

    PAKISTAN -2.56


  • Liaquat Ali Khan sacrificed his life for Pakistan: President Mamnoon
  • Who killed former Pakistan prime minister Benazir Bhutto?
  • COAS lauds UAE's economic growth
  • Pakistan gets 'pay as you go' solar investment to help millions living ...
  • Rural growth for a food secure Pakistan
  • Textile sector losing out
  • Tax Reforms and why are they necessary?
  • Nawaz added whopping $35b to Pakistan's debt

    MEXICO -2.01


  • Trump is a 'crazy guy,' says former Mexican President Vicente Fox
  • Is Mexico Ready For The End Of NAFTA?
  • Anti-corruption push key to economic growth in Mexico - Carstens
  • Investment in children should be at the core of Mexico's ...
  • US immigration population hits record 60 million, 1-of-5 in nation
  • NAFTA-linked trade critical to NM exports
  • NM's budget: From flush to cash crunch in 9 years
  • Small business lending in Mexico gets a boost

    OMAN -1.96


  • Breaking: Oman Air boss stands down
  • Slovak deputy prime minister in Oman to talk trade investment
  • China shares fall, market shrugs off upbeat economic growth forecast
  • Eminent speakers to address OER Business Summit 2017
  • Qatar's population jumps back up after the summer lull
  • Oman exports 25m barrels of crude oil
  • Deep cuts: Oman's budget austerity not tough enough, says ratings ...
  • S&P cuts Oman debt to junk as cheap oil shrinks external reserves

    UKRAINE -1.73


  • Ukraine goes to WTO over Russian ban on booze, presidential sweets
  • What's Holding Ukraine Back Isn't What You Think It Is
  • Ukraine will break up unless government fights corruption ...
  • Pull It Together, Fund Firms Warn Ukraine
  • Ukraine Reform Monitor: October 2017
  • The Last Hurdle for Ukraine's Recovery
  • Some $200 mln of 'Yanukovych family' to be transferred to state ...
  • No legal arguments favoring reversal of London court decision on ...

    KENYA -1.73


  • Kenyan president 'unprofessional, divisive' - analyst
  • EU Urges Kenyan Political Talks to Break Vote-Rerun Impasse
  • Police Fire Tear Gas to Halt Opposition Protests in Two Kenyan Cities
  • Kenya Re ranked most attractive insurance firm for investment
  • Kenya population growth
  • Kenya lost Sh6 billion in re-exports between January, July 2017
  • Kenya's budget estimates expected to hit Kshs 2.5 trillion
  • Interest paid on Kenya's debt increases by Sh56bn

    BANGLADESH -1.17


  • Bangladesh's First Hindu Chief Justice To Face Graft Investigation
  • Verdict on 1989's attempt to kill Hasina Oct 29
  • China's central banker expects stronger than expected second-half ...
  • China's central banker expects stronger than expected second-half ...
  • Unplanned population growth is a major impediment to ...
  • Bangladesh exports slump 10% in September
  • Budget deficit one-fourth of total expense
  • Emergence of South Asia as the fastest growing region is a major ...

    SRI LANKA -1.07


  • Sri Lankan President Maithripala Sirisena faces Tamil black flag ...
  • Sri Lankan Prime Minister says ready to testify at Bond Commission ...
  • Sri Lanka needs to adopt new technologies to drive economic ...
  • A vibrant private sector – Key to Sri Lanka's growth
  • Sri Lanka needs to adopt new technologies to drive economic ...
  • SL sees gains from GSP Plus in August
  • Sri Lanka may grow 4.5 percent in 2017, deficit 5.0-pct: CB Governor
  • Debt repayments – Biggest nightmare for Sri Lanka

    GHANA -0.72


  • President Alassane Ouattara arrives in Ghana
  • Parliament has not blossomed yet— Omanhene of Asante Asokore
  • IMF projects almost 9% economic growth for Ghana
  • Hundreds Of Women Leaders Register For The Maiden Executive ...
  • Ghana Home Loans Woos Contractors
  • Ghana's exports rise to $ 8.9 billion
  • The return of NDC's Messiah and NPP's possible sixteen years in ...
  • Ghana's Debt –to-GDP ratio to reach 66.1% in 2018 – IMF

    Top 10 Longs Based on Momentum

    Tickercompanycountryweek1month6monthsRankVolume_Avg_10DVolume_Avg_30Dvolume_avg_100D
    MRKV RMIDGC of Volga PJSCRUSSIA-1.6930.60142.6157.1768544000.00146663300.00104829900.00
    GEO LNGeorgian Mining CorpBRITAIN9.0328.06128.3455.14861030.70703020.001457810.00
    ORM LNOrmonde Mining PLCIRELAND9.1543.1192.3948.22610082.10526433.30463338.70
    2689 HKNine Dragons Paper Holdings LtdHONG KONG13.9043.4080.9446.0815711340.0015193210.0014111380.00
    USIM5 BZUsinas Siderurgicas de Minas Gerais SABRAZIL6.8848.6482.0945.8722453340.0017999090.0014952870.00
    IRKT RMIrkut Corp PJSCRUSSIA13.5242.4864.1340.04766810.00292463.30173448.00
    2007 HKCountry Garden Holdings Co LtdCHINA8.2225.8979.0637.7265597660.0047763800.0044058560.00
    HGTX3 BZCia HeringBRAZIL9.2230.9565.9435.371766020.001504757.001022312.00
    817 HKChina Jinmao Holdings Group LtdHONG KONG12.8222.4961.2032.1742490940.0034093530.0027049120.00
    EVR LNEvraz PLCRUSSIA-3.9330.8768.8231.924769079.003197063.002767380.00

    Top 10 Shorts Based on Momentum

    Tickercompanycountryweek1month6monthsRankVolume_Avg_10DVolume_Avg_30Dvolume_avg_100D
    GCLA LIGrupo Clarin SAARGENTINA-77.15-75.66-75.76-76.1940945.7021485.0716854.55
    SDRL NOSeadrill LtdBRITAIN-13.79-28.30-83.93-42.019562874.004443186.002882530.00
    DNR USDenbury Resources IncUNITED STATES-1.85-24.82-55.08-27.256953603.506128156.006090569.50
    AVM LNAvocet Mining PLCBRITAIN3.26-27.26-54.65-26.2291795.1049730.3029742.57
    TETH LNTethyan Resources PLCBRITAIN-15.16-12.22-36.13-21.17798069.00633553.00397126.10
    RUSS USDirexion Daily Russia Bear 3x SharesUNITED STATES-9.08-25.69-26.91-20.5681049.5073376.50106656.56
    PGAS IJPerusahaan Gas Negara Persero TbkINDONESIA-7.93-19.10-32.42-19.8257691370.0035378440.0031914370.00
    BANE RMBashneft PJSCRUSSIA-6.48-1.29-39.71-15.835707.004258.273914.65
    KR USKroger Co/TheUNITED STATES-4.86-9.15-26.54-13.5219697114.0014164089.0013456945.00
    SHG LNShanta Gold LtdGUERNSEY-4.0115.87-52.15-13.433079328.002317197.002048251.00

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    Results and Dividends

    Largest 20 Companies Reported Last Week:

    CompanyCountrySectorReported
    WW Grainger IncUNITED STATESIndustrials10/17/2017
    Goldman Sachs Group Inc/TheUNITED STATESFinancials10/17/2017
    DiGi.Com BhdMALAYSIATelecommunication Services10/17/2017
    Lockheed Martin CorpUNITED STATESIndustrials10/17/2017
    Netflix IncUNITED STATESConsumer Discretionary10/16/2017
    Tata Consultancy Services LtdINDIAInformation Technology10/13/2017
    Alfa SAB de CVMEXICOIndustrials10/17/2017
    Enagas SASPAINEnergy10/17/2017
    China Hongqiao Group LtdCHINAMaterials10/15/2017
    PNC Financial Services Group Inc/TheUNITED STATESFinancials10/13/2017
    Charles Schwab Corp/TheUNITED STATESFinancials10/16/2017
    Japan Retail Fund Investment CorpJAPANReal Estate10/16/2017
    Navient CorpUNITED STATESFinancials10/17/2017
    Intuitive Surgical IncUNITED STATESHealth Care10/17/2017
    Investor ABSWEDENFinancials10/17/2017
    Johnson & JohnsonUNITED STATESHealth Care10/17/2017
    Infosys LtdINDIAInformation Technology10/13/2017
    Wells Fargo & CoUNITED STATESFinancials10/13/2017
    Bank of America CorpUNITED STATESFinancials10/13/2017
    Cree IncUNITED STATESInformation Technology10/17/2017

    Largest 20 Companies that will report This Week:

    CompanyCountrySectorReported
    KCell JSCKAZAKHSTANTelecommunication Services10/19/2017
    SL Green Realty CorpUNITED STATESReal Estate10/19/2017
    Boliden ABSWEDENMaterials10/24/2017
    WW Grainger IncUNITED STATESIndustrials10/17/2017
    Everest Re Group LtdBERMUDAFinancials10/23/2017
    Schlumberger LtdUNITED STATESEnergy10/20/2017
    Seagate Technology PLCUNITED STATESInformation Technology10/18/2017
    Goldman Sachs Group Inc/TheUNITED STATESFinancials10/17/2017
    DiGi.Com BhdMALAYSIATelecommunication Services10/17/2017
    Abbott LaboratoriesUNITED STATESHealth Care10/18/2017
    Eli Lilly & CoUNITED STATESHealth Care10/24/2017
    Whitbread PLCBRITAINConsumer Discretionary10/24/2017
    Walgreens Boots Alliance IncUNITED STATESConsumer Staples10/19/2017
    Chipotle Mexican Grill IncUNITED STATESConsumer Discretionary10/19/2017
    United Technologies CorpUNITED STATESIndustrials10/24/2017
    Lockheed Martin CorpUNITED STATESIndustrials10/17/2017
    Reliance Industries LtdINDIAEnergy10/20/2017
    Union Pacific CorpUNITED STATESIndustrials10/19/2017
    Reliance Industries LtdINDIAEnergy10/20/2017
    US BancorpUNITED STATESFinancials10/18/2017

    Ex Div Stocks last week:

    CompanyCountrySectorEstDivYieldReported
    Electricite de France SAFRANCEUtilities8.1010/4/2017
    Vermilion Energy IncCANADAEnergy6.869/21/2017
    Covanta Holding CorpUNITED STATESIndustrials6.469/28/2017
    Malayan Banking BhdMALAYSIAFinancials6.439/25/2017
    ConocoPhillipsUNITED STATESEnergy6.3010/13/2017
    Cosan SA Industria e ComercioBRAZILEnergy6.1910/17/2017
    AT&T IncUNITED STATESTelecommunication Services5.4910/5/2017
    Staples IncUNITED STATESConsumer Discretionary5.389/21/2017
    Host Hotels & Resorts IncUNITED STATESReal Estate5.229/28/2017
    POSCOSOUTH KOREAMaterials4.809/28/2017
    Itau Unibanco Holding SABRAZILFinancials4.7010/3/2017
    Philip Morris International IncUNITED STATESConsumer Staples4.609/26/2017
    CCR SABRAZILIndustrials4.2910/11/2017
    Daiwa Securities Group IncJAPANFinancials4.199/27/2017
    United Tractors Tbk PTINDONESIAEnergy4.089/28/2017
    Nissan Motor Co LtdJAPANConsumer Discretionary4.039/27/2017
    Hang Seng Bank LtdHONG KONGFinancials3.8610/17/2017
    Nucor CorpUNITED STATESMaterials3.709/28/2017
    Toyota Motor CorpJAPANConsumer Discretionary3.539/27/2017
    PG&E CorpUNITED STATESUtilities3.429/28/2017

    Ex Div Stocks This Week

    CompanyCountrySectorEstDivYieldReported
    Inter Pipeline LtdCANADAEnergy6.6910/20/2017
    Cosan SA Industria e ComercioBRAZILEnergy6.1910/17/2017
    Pembina Pipeline CorpCANADAEnergy5.9710/24/2017
    Caterpillar IncUNITED STATESIndustrials4.4310/20/2017
    Ford Motor CoUNITED STATESConsumer Discretionary4.2610/19/2017
    Hang Seng Bank LtdHONG KONGFinancials3.8610/17/2017
    Singapore Exchange LtdSINGAPOREFinancials3.6710/24/2017
    Smiths Group PLCBRITAINIndustrials3.6310/19/2017
    Procter & Gamble Co/TheUNITED STATESConsumer Staples3.1410/19/2017
    Capita PLCBRITAINIndustrials2.6210/19/2017
    Akzo Nobel NVNETHERLANDSMaterials2.5110/23/2017
    ADT Corp/TheUNITED STATESIndustrials2.2510/23/2017
    Apache CorpUNITED STATESEnergy2.2510/20/2017
    Colgate-Palmolive CoUNITED STATESConsumer Staples2.2510/20/2017
    PNC Financial Services Group Inc/TheUNITED STATESFinancials2.1110/20/2017
    Core Laboratories NVNETHERLANDSEnergy2.0210/19/2017
    Infosys LtdINDIAInformation Technology1.9910/23/2017
    Tata Consultancy Services LtdINDIAInformation Technology1.7310/24/2017
    Hormel Foods CorpUNITED STATESConsumer Staples1.4610/19/2017
    CVS Health CorpUNITED STATESConsumer Staples1.4310/20/2017

    Recent Chart Art

    Zimbabwe Stocks via Imara investment vehicle.. All was very good this year in a market that has risen 500%,

    Download file in Power Point
    Emerging Markets are in Counter Cycle with Developed Markets.. This is convergence. Will it continue as DM central banks continue to tighten?

    Download file in Power Point
    ML Research is looking for investors for a 10% block in the company

    Download file in Power Point
    Russia RTS Index, Breakout is on the cards in a few weeks?

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    Russia, Brazil local yields notably tighter. China Eurobonds – wider. India local yields also wider.

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    Brazil, Russia local markets are close to all time high. But in US dollar terms there is still some catch up to do.

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    Spain's MADX has been a short going into referendum

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    Emerging Markets Yields are Just a notch weaker…

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    The YTD Laggards Coming Back

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    Recent ML Rural Highlights. Small Towns and Villages

    Vaskoh-Romania
    Artvin-Turkey
    Gorishkino-Russia