image

May 16, 2018

Best 5 Markets Yesterday

CountryChangePct
ARGENTINA1.95
PHILIPPINES1.48
JAMAICA1.32
JORDAN0.79
UNITED ARAB EMIRATES0.52

Worst 5 Markets Yesterday

CountryChangePct
SOUTH AFRICA-5.03
TURKEY-5.02
HUNGARY-5.01
INDONESIA-3.53
POLAND-3.48

Best 15 Markets last Week


This performance is between 2018-05-15 and 2018-05-01
nameWeekChange
UKRAINE7.81
PORTUGAL5.46
ISRAEL3.69
TRINIDAD AND TOBAGO3.57
CANADA3.55
SWEDEN3.45
RUSSIA3.20
BAHRAIN3.10
KAZAKHSTAN2.80
CHINA2.79
IRELAND2.54
ZIMBABWE2.49
USA2.13
UNITED KINGDOM1.94
NEW ZEALAND1.53

Worst 15 Markets Last Week

nameWeekChange
ARGENTINA-16.05
TURKEY-10.28
GREECE-9.44
MEXICO-9.02
PAKISTAN-9.01
EGYPT-8.52
HUNGARY-5.53
BRAZIL-5.24
UNITED ARAB EMIRATES-5.16
INDONESIA-4.89
KOREA-4.02
CHILE-3.88
LITHUANIA-3.88
SINGAPORE-3.53
BOSNIA AND HERZEGOVINA-3.47

Best 10 Markets YTD

CountryChangePct
TUNISIA26.87
SAUDI ARABIA DOMESTIC16.08
ROMANIA15.31
ZIMBABWE13.99
UKRAINE12.43
COLOMBIA12.36
KENYA12.20
JORDAN11.77
FINLAND11.10
KAZAKHSTAN10.54

Worst 10 Markets YTD

CountryChangePct
ARGENTINA-26.60
TURKEY-26.21
MAURITIUS-21.85
INDONESIA-16.46
PHILIPPINES-12.82
ESTONIA-11.97
OMAN-11.57
POLAND-10.73
SOUTH AFRICA-9.07
UNITED ARAB EMIRATES-8.92

Best 10 Markets Last 12 months

CountryChangePct
ZIMBABWE195.21
VIETNAM61.17
KAZAKHSTAN51.36
TUNISIA41.45
KENYA38.03
TRINIDAD AND TOBAGO35.27
PERU33.27
CHINA32.61
THAILAND29.54
NIGERIA28.74

Worst 10 Markets Last 12 months

CountryChangePct
PAKISTAN-37.00
TURKEY-18.47
OMAN-15.67
BAHRAIN-13.05
ARGENTINA-11.63
UNITED ARAB EMIRATES-11.24
MEXICO-10.98
BOSNIA AND HERZEGOVINA-10.16
BOTSWANA-9.82
QATAR-9.61

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

countryYieldYieldChange
Ecuador10.491.74
Israel5.751.56
Lebanon8.491.54
Bahrain7.091.29
Oman5.961.03
Pakistan7.390.94
France7.110.83
Qatar4.430.60
Korea (South)4.720.59
Jamaica9.330.58
Russian Federation5.230.54
China4.530.45
Philippines4.050.44
Malaysia4.770.37
Turkey6.500.37
Netherlands5.010.35
United States5.890.34
Jordan6.560.32
Morocco4.630.20
Romania4.380.19
United Arab Emirates4.810.19
Chile5.540.18
Peru4.370.15
Poland3.530.12
Argentina7.960.08
Hungary4.060.05
South Africa5.570.05
Trinidad and Tobago5.450.03
Guatemala4.920.03
Canada6.74-0.01
Indonesia4.73-0.08
India5.20-0.11
United Kingdom5.26-0.12
Croatia (Hrvatska)4.09-0.13
Panama4.49-0.16
Mexico5.26-0.17
Cote D'Ivoire (Ivory Coast)6.46-0.20
Colombia4.96-0.22
Sri Lanka6.26-0.23
Azerbaijan5.39-0.27
Vietnam4.52-0.29
Uruguay4.52-0.34
Serbia4.17-0.34
Brazil6.18-0.40
Costa Rica6.38-0.60
Dominican Republic5.57-0.73
Egypt5.79-1.00
El Salvador6.83-1.08
Ukraine7.56-1.14
Kazakhstan5.23-1.47
Ghana6.67-1.66
Luxembourg8.54-2.74
Venezuela0.10-23.41

Chart: Oil price is strong with sanctions looming again on Iran

But Iran will likely be replaced by Kazakhstan in the oil supply equation now when Kashagan is producing in case of sanctions and otherwise there is likely to be a glut.

Source: ML

Download file in Power Point
  • Oil prices hit highest in years as markets adjust to looming sanctions ...
  • Looming Sanctions on Iran Push Oil Prices to Highest in Years
  • Oil Prices: What Exiting the 'Worst Deal Ever' Will Mean
  • Playing with fire: Iran deal looms over rising oil price
  • [Book Review] Not Your Father's Gasoline: Evolving Geopolitics of ...
  • 'Send lawyers, guns and money': What's driving the surge in oil prices


    Comment

    Weekly performance is between 2018-05-15 and 2018-05-01

    Best global markets week to date USA +2.13%, EUROPE +0.91%, EFM ASIA-0.16%,

    While worst global markets week to date EM LATIN AMERICA -5.77%, FM (FRONTIER MARKETS) -4.04%, EM (EMERGING MARKETS) -1.05%,
  • BlackRock sticks with US equities despite lack of 'cheer'
  • BlackRock Says US Equities are a Good Pick
  • Emerging Markets April 2018 Recap And Outlook: Look Beyond The ...
  • Emerging Markets Face Their Moment of Truth
  • China wants its top tech firms to bring their shares home
  • China stocks fall on worries about N.Korea, rising bond yields
  • European Equities are making a comeback
  • European equities deflate as investors await Italian government
  • Oil Prices Flat After API Reports Surprise Crude Build
  • Here's what drives the price of oil
  • ArcelorMittal (MT) Q1 Earnings Rise on Higher Steel Prices
  • US steel sheet prices continue to hold
  • Gold Price in India today: Rates rise, here is what it will cost you
  • Short-covering lifts gold prices


    Best since the start of the week among various stock markets were UKRAINE +7.81%, PORTUGAL +5.46%, ISRAEL +3.69%, TRINIDAD AND TOBAGO +3.57%, CANADA +3.55%, SWEDEN +3.45%, RUSSIA +3.20%, BAHRAIN +3.10%, KAZAKHSTAN +2.80%, CHINA +2.79%,

    While worst since the start of the week among various stock markets were ARGENTINA -16.05%, TURKEY -10.28%, GREECE -9.44%, MEXICO -9.02%, PAKISTAN -9.01%, EGYPT -8.52%, HUNGARY -5.53%, BRAZIL -5.24%, UNITED ARAB EMIRATES -5.16%, INDONESIA -4.89%,

    Commodities Yesterday and YTD

    NameUnitspriceweekchYTDch
    RBOB Gasoline (Nymex)USd/gal.2.19724.9923.88
    Brent Crude (ICE)USD/bbl.78.014.9217.38
    Heating Oil (Nymex)USd/gal.2.23754.388.40
    WTI Crude Oil (Nymex)USD/bbl.71.024.0417.84
    Corn (CBOT)USd/bu.4.0252.1612.59
    Natural Gas (Nymex)USD/MMBtu2.821.44-6.62
    Cotton #2 (ICE)USd/lb.0.85111.449.90
    Wheat (CBOT)USd/bu.4.950.3012.50
    Platinum SpotUSD/t oz.899.69-1.30-4.21
    Silver (Comex)USD/t oz.16.33-1.92-4.95
    Gold SpotUSD/t oz.1295.89-2.27-1.21
    Gold (Comex)USD/t oz.1295.40-2.40-1.35
    Copper (Comex)USd/lb.3.0715-2.54-6.14
    Live Cattle (CME)USd/lb.1.004-4.91-18.21
    Cocoa (ICE)USD/MT2674.00-5.7138.33

    Company Results Today

    Ageas
    BELGIUM
    FinancialsYTDch10,54
    		Burberry Group PLC
    BRITAIN
    Consumer DiscretionaryYTDch2,38
    		SACI Falabella
    CHILE
    Consumer DiscretionaryYTDch-0,44
    		Tencent Holdings Ltd
    CHINA
    Information TechnologyYTDch0,01
    QIWI plc
    CYPRUS
    Information TechnologyYTDch-8,31
    		Alstom SA
    FRANCE
    IndustrialsYTDch9,86
    		Tata Steel Ltd
    INDIA
    MaterialsYTDch-14,62
    		Tata Steel Ltd
    INDIA
    MaterialsYTDch-15,95
    Telecom Italia SpA/Milano
    ITALY
    Telecommunication ServicesYTDch21,63
    		Telecom Italia SpA/Milano
    ITALY
    Telecommunication ServicesYTDch27,43
    		IOI Corp Bhd
    MALAYSIA
    Consumer StaplesYTDch14,52
    		DMCI Holdings Inc
    PHILIPPINES
    IndustrialsYTDch-14,35
    Cisco Systems Inc
    UNITED STATES
    Information TechnologyYTDch14,91
    		L Brands Inc
    UNITED STATES
    Consumer DiscretionaryYTDch-39,19
    		Synopsys Inc
    UNITED STATES
    Information TechnologyYTDch-0,89

    Econ Events Today

    Korea, Republic of Unemployment Rate APR
    		Australia Wage Price Index QoQ Q1
    		Australia Wage Price Index YoY Q1
    		China House Price Index YoY APR
    Japan Tertiary Industry Index MoM MAR
    		Netherlands Retail Sales YoY MAR
    		Germany Harmonised Inflation Rate YoY Final APR
    		Germany Harmonised Inflation Rate MoM Final APR
    Germany Inflation Rate MoM Final APR
    		Germany Inflation Rate YoY Final APR
    		Austria Harmonised Inflation Rate YoY APR
    		Austria Harmonised Inflation Rate MoM APR
    Austria Inflation Rate MoM APR
    		Austria Inflation Rate YoY APR
    		Turkey Industrial Production YoY MAR
    		Thailand Interest Rate Decision
    Sweden Capacity Utilization QoQ Q1
    		Sweden Industrial Inventories QoQ Q1
    		France IEA Oil Market Report
    		Italy Industrial Orders YoY MAR
    Italy Industrial Sales YoY MAR
    		Italy Industrial Orders MoM MAR
    		Italy Industrial Sales MoM MAR
    		United Kingdom Labour Productivity QoQ Prel Q1
    Italy Inflation Rate YoY Final APR
    		Italy Harmonised Inflation Rate YoY Final APR
    		Italy Harmonised Inflation Rate MoM Final APR
    		Italy Inflation Rate MoM Final APR
    Germany 10-Year Bund Auction
    		Israel GDP Growth Annualized 1st Est Q1
    		Israel GDP Growth Rate QoQ 1st Est Q1
    		Poland Interest Rate Decision
    South Africa Retail Sales MoM MAR
    		South Africa Retail Sales YoY MAR
    		United States MBA 30-Year Mortgage Rate 11/MAY
    		United States MBA Mortgage Applications 11/MAY
    Poland Core Inflation Rate YoY APR
    		Canada Manufacturing Sales MoM MAR
    		United States Building Permits MoM APR
    		United States Housing Starts MoM APR
    United States Housing Starts APR
    		United States Building Permits APR
    		United States Manufacturing Production YoY APR
    		United States Capacity Utilization APR
    United States Industrial Production MoM APR
    		United States Industrial Production YoY APR
    		Brazil Net Payrolls APR
    		Belgium Balance of Trade MAR
    United States EIA Gasoline Stocks Change 11/MAY
    		United States EIA Crude Oil Stocks Change 11/MAY


    News

    Chose Your Country

    Best 10 Market Since the begining of the week


    UKRAINE 7.81%

  • macro strategy bonds quick news
  • Ukrainian president condemns intolerance and anti-Semitism
  • Did Trump Just Hit Ukraine With Trade Tariffs?
  • Economic Growth of Ukraine Depends on Completing Pending ...
  • Reduce risks or increase influence: why large business should ...
  • Reduce risks or increase influence: why large business should ...
  • Apetit's strategic focus area in internationalisation – growth in share ...
  • UNIAN: Customs revenue of Ukraine's budget grows by 13.8 percent ...
  • Ukraine faces growing debt repayment pressure in 2018-2020

    PORTUGAL 5.46%

  • macro strategy bonds quick news
  • Portugal's president to bring elections forward if budget negotiations ...
  • Prime Minister Justin Trudeau toasts his counterpart in Portugal
  • Europe's Center Left Is Alive and Kicking, at Least in Portugal
  • Cape Verde Aims for Free Trade Zone With Atlantic Islands-PM
  • Has Portugal's Ridiculously High Turnover Tax Blocked Its Gambling ...
  • Portugal exports €700m in energy to Spain since 2016
  • Portugal is set to break away from a 25-year long budget deficit
  • DBRS upgrades Portugal's debt rating but Moody's holds firm

    Econ events
    momenteventForecastConsensus
    2018-05-15GDP Growth Rate QoQ Prel Q10.50%
    2018-05-15GDP Growth Rate YoY Prel Q12.60%
    2018-05-18PPI YoY APR1.60%
    2018-05-18PPI MoM APR
    2018-05-21Current Account MAR? -215.7M

    ISRAEL 3.69%

  • macro strategy bonds quick news
  • Tripartite summit will benefit Cyprus, Greece and Israel, president says
  • Israel offended Japan's prime minister by serving him dessert in a ...
  • The blooming of the desert: Key stages of Israel's economic growth
  • TechNation: Israeli High-tech Firms Attracted More Investment in 1St ...
  • Israel's Demographic Miracle
  • Israeli Exports Pass $100B Mark
  • Israel's tax collection sets new record in October
  • Israel debt-to-GDP Ratio Falls Below 60% for First Time

    Econ events
    momenteventForecastConsensus
    2018-05-15Inflation Rate YoY APR0.50%
    2018-05-15Inflation Rate MoM APR0.10%
    2018-05-16GDP Growth Rate QoQ 1st Est Q10.90%
    2018-05-16GDP Growth Annualized 1st Est Q13.30%
    2018-05-17Manufacturing PMI APR54.31
    2018-05-18M1 Money Supply YoY APR
    2018-05-18Inflation Expectations MAY0.70%
    2018-05-22Industrial Production MoM MAR3.21%
    2018-05-22Industrial Production YoY MAR7.53%

    TRINIDAD AND TOBAGO 3.57%

  • macro bonds quick news
  • No executive president for TT
  • T&T's Prime Minister Warns Commonwealth Countries Against Ill ...
  • Politicians, stay out of statistics business
  • Decline of TT global credit rating status
  • We must manage migration
  • Neopanamax Locks Bring LNG Access to Central America, the ...
  • Abdulah calls for aggressive tax collection
  • Corporation pays its debt

    CANADA 3.55%

  • macro strategy bonds quick news
  • Remind us, why does Canada want a seat on the UN Security ...
  • Head of Canada's cyber spy agency to become PM's new national ...
  • IMF predicts moderate Canadian economic growth in 2018
  • In Canada's cloud services market, venture investment opportunities ...
  • To value newcomers, imagine Canada without them
  • Canada's Export Agency Raises Sales Forecast on US Growth
  • Saskatchewan budget 2018: Pot profits left out of Sask. budget ...
  • Canada's debt-to-income ratio will stabilize: BoC's Wilkins

    Econ events
    momenteventForecastConsensus
    2018-05-15New Motor Vehicle Sales MAR
    2018-05-16Manufacturing Sales MoM MAR
    2018-05-17Foreign Securities Purchases MARC$ 20.6B
    2018-05-17Foreign Securities Purchases by Canadian
    2018-05-17ADP Employment Change APR23.5K
    2018-05-18Inflation Rate YoY APR2.30%
    2018-05-18Inflation Rate MoM APR0.20%
    2018-05-18Retail Sales MoM MAR0.31%
    2018-05-18Core Inflation Rate YoY APR1.40%
    2018-05-18Retail Sales Ex Autos MoM MAR1.12%
    2018-05-18Retail Sales YoY MAR4.06%
    2018-05-22Wholesale Sales MoM MAR

    SWEDEN 3.45%

  • macro strategy bonds quick news
  • Jacob de la Rose, Sweden blank France at Worlds
  • Prime Minister Narendra Modi arrives at Sweden for India-Nordic ...
  • Facebook Data Center Investment in Sweden Nears US$1B
  • Facebook Data Center Investment in Sweden Nears US$1B
  • Việt Nam seeking sustainable transport solutions
  • Swedish Economy Beats Survey, Giving Central Bank Hope
  • Sweden Hits the Jackpot With a 'Crazy' Surplus
  • There's Too Much Austerity for the Guardian of Sweden's Debt

    Econ events
    momenteventForecastConsensus
    2018-05-16Industrial Inventories QoQ Q1SEK -3.8B
    2018-05-16Capacity Utilization QoQ Q1
    2018-05-22Unemployment Rate APR6.90%

    RUSSIA 3.20%

  • macro strategy bonds quick news
  • For Putin's 4th Term, More a Coronation Than an Inauguration
  • Russia's Putin taps Medvedev for prime minister
  • Putin sworn in for 4th term promising higher growth, technological ...
  • Amid international pressure, Russia's economy is a mix of the good ...
  • Putin stakes Russia's future on population growth in fourth ...
  • China is replacing Europe as Russia's No. 1 oil customer
  • Expert: Presence of acting finance minister in new Russian cabinet ...
  • Mnuchin Stands by Report Advising Against Russia Debt Sanctions

    Econ events
    momenteventForecastConsensus
    2018-05-17GDP Growth Rate YoY Prel Q11.10%
    2018-05-18Industrial Production YoY APR2.20%
    2018-05-18PPI MoM APR
    2018-05-18PPI YoY APR5.50%
    2018-05-22Unemployment Rate APR5.10%
    2018-05-22Retail Sales YoY APR1.57%
    2018-05-22Real Wage Growth YoY APR

    BAHRAIN 3.10%

  • macro strategy bonds quick news
  • Bahrain attends Russian President's inauguration
  • Stearney assumes command of Bahrain-based 5th Fleet
  • Bahrain GCC's Fastest Growing Economy with 3.9 Percent in 2017
  • Bahrain unlocks investment opportunities worth $26bln
  • Bahrain's new National Health Insurance Law plan to save $530.3mln
  • Turkish economy expands 7.4% in 2017, beating forecasts
  • Bahrain is betting on 80 billion barrels of oil to help clear its budget ...
  • Bahrain is betting on 80 billion barrels of oil to help clear its budget ...

    KAZAKHSTAN 2.80%

  • macro strategy bonds quick news
  • OIC Council of Foreign Ministers supports Kazakh President's ...
  • Kazakhstan honour for Defence Minister
  • ADB expects growth of Kazakhstan's economy in 2018
  • Kazakhstan, EU mull co-op issues
  • Medical spending up 22 percent among Kazakh population, says ...
  • Kazakhstan expands the range and volume of exports
  • Kazakhstan's Energy Company Continues to Borrow to Survive
  • New agreement allows Kazakhstan to place bonds through Euroclear

    CHINA 2.79%

  • macro strategy bonds quick news
  • China President's Top Economic Adviser to Visit Washington
  • Import our mandarin oranges, Chinese prime minister says
  • China's Economic Growth Remains Robust Amid Strong Retail Sales
  • China's investment growth
  • China Propylene Glycol Industry: Consolidation among Leading ...
  • China exports return to growth in April
  • China's Defense Budget: What Everyone Is Missing
  • China's Debt Crunch Hits Large Manufacturer

    Econ events
    momenteventForecastConsensus
    2018-05-15Fixed Asset Investment (YTD) YoY APR7.70%
    2018-05-15Industrial Production YoY APR6.80%
    2018-05-15Retail Sales YoY APR9.80%
    2018-05-16House Price Index YoY APR4.50%
    2018-05-18Current Account Q1$ 22B
    2018-05-18FDI (YTD) YoY APR
    2018-05-21Export Orders YoY APR
    2018-05-22Unemployment Rate APR3.70%
    2018-05-23Retail Sales YoY APR9.34%
    2018-05-23Industrial Production YoY APR4.86%

    Worst 10 Market Since Begining of the Week


    ARGENTINA -16.05%

  • macro strategy bonds quick news
  • Odebrecht corruption in Argentina: all changed when ex president ...
  • With official visit to Argentina, Spanish PM turns page on Kirchner era
  • Bi-Weekly Economic Review: Oil, Interest Rates And Economic Growth
  • Argentina Stems Peso Bleeding but Remains Vulnerable to Capital ...
  • Argentina Raises Key Rate to 40%, Bringing Economic Uncertainty
  • Argentina's Unseen Fragility
  • Argentina hikes interest rates to 40% amid inflation crisis
  • Cuba Creditor Hires Lawyer Who Won Argentina Debt Settlement

    Econ events
    momenteventForecastConsensus
    2018-05-15Inflation Rate MoM APR2.10%
    2018-05-17Retail Sales YoY MAR18.15%
    2018-05-22Interest Rate Decision27.25%

    TURKEY -10.28%

  • macro strategy bonds quick news
  • Turkey's President Vows To Launch New Military Operations
  • A crucial turn for Turkey
  • Spotlight: Turkish economy suffers while bracing for snap elections
  • Spotlight: Turkish economy suffers while bracing for snap elections
  • Spotlight: Turkish economy suffers while bracing for snap elections
  • Turkey's April exports reach $13.55 billion, up 15 percent year-on-year
  • Turkey's budget posts $5.3 billion deficit in first quarter
  • S&P cuts Turkey's debt rating on deteriorating finances, inflation

    Econ events
    momenteventForecastConsensus
    2018-05-15Unemployment Rate FEB10.50%
    2018-05-16Industrial Production YoY MAR8.50%
    2018-05-17Retail Sales YoY MAR8.10%
    2018-05-17Retail Sales MoM MAR0.40%
    2018-05-21Central Government Debt APRTRY 898.9B
    2018-05-23Consumer Confidence MAY73.4

    GREECE -9.44%

  • macro strategy bonds quick news
  • Tripartite summit will benefit Cyprus, Greece and Israel, president says
  • Netanyahu to Leave for Natural Gas Summit With Greece, Cyprus
  • EC lowers forecasts for Greece's GDP growth in 2018, 2019
  • Investment Plan for Europe: €640 million for Greek businesses as ...
  • From Pay Rises to New Banks, Here's Greece's Post-Bailout Plan
  • Egyptian exports to Cyprus increased by 81.5%: Trade min.
  • Fitch: Greece Budget Surplus Shows Continued Fiscal Commitment
  • Greece's debt deadlock is taking long to resolve because it's unique ...

    MEXICO -9.02%

  • macro strategy bonds quick news
  • Former Mexican president: Mexico and Canada, don't cave to Trump
  • Women's March leader blames Trump Muslim ban, Mexican border ...
  • Perryman: Substantial benefits if border states enhance economic ...
  • E-commerce firm MercadoLibre pledges $175 mln Mexico investment
  • Made in the USA: Cinco de Mayo
  • Mexico exports increase in first quarter of 2018 | INEGI report
  • Mexico budget increase projected
  • Swaps Show Anxiety Rising as Mexico Frontrunner Solidifies Lead

    Econ events
    momenteventForecastConsensus
    2018-05-17Interest Rate Decision7.50%
    2018-05-22Retail Sales MoM MAR
    2018-05-22Retail Sales YoY MAR

    PAKISTAN -9.01%

  • macro strategy bonds quick news
  • UAE President orders $200 million for UAE Pakistan Assistance ...
  • Pakistan Prime Minister Shahid Khaqan Abbasi
  • Pakistan can achieve 9pc economic growth: PM
  • WB asks Pakistan to increase investment on health, education
  • WB asks Pakistan to increase investment on health, education
  • Pakistan and GSP Plus
  • Pakistan needs to allocate more for development to drive up growth
  • Govt post-mortem: Breaking down Pakistan's debt

    EGYPT -8.52%

  • macro strategy bonds quick news
  • Ugandan president to visit Egypt on Tuesday
  • Egypt: Prime Minister Mulls Oil, Health Projects
  • IMF encourages Egypt to deepen economic reforms, pursue job ...
  • IMF encourages Egypt to deepen economic reforms, pursue job ...
  • Egypt population surge must be met with job growth: IMF
  • Egypt exports to EU up by 21% in 2017, minister
  • Egypt budget highlights 2018-19: Plans and prospects
  • Yield on Egyptian dollar-denominated T-bill rises marginally -c.bank

    Econ events
    momenteventForecastConsensus
    2018-05-15Unemployment Rate Q111.90%
    2018-05-17Interest Rate Decision15.75%
    2018-05-17Overnight Lending Rate16.70%

    HUNGARY -5.53%

  • macro strategy bonds quick news
  • Hungary's president asks Viktor Orban to form his government
  • Hungary prime minister readies for new term as opposition struggles
  • Hungary plans fiscal stimulus, sees no Polish-style conflict
  • EC raises Hungary 2018 GDP growth forecast to 4%
  • Hungary CO2 emissions growth well over EU average in 2017
  • EC raises Hungary 2018 GDP growth forecast to 4%
  • Hungary posts big December budget deficit, full-year gap below target
  • Hungary's Viktor Orban wins third straight term in power

    BRAZIL -5.24%

  • macro strategy bonds quick news
  • Brazil's President Could Drop Re-Election Bid in Favor of Unity
  • Brazil, other competitors aim to win US export markets
  • Brazil GDP growth in 2018 to reach 2.3% – IMF
  • Brazil soy boom spells bumper year for agricultural equipment
  • Brain gain: education credited for Australian population growth
  • Retaliatory tariffs could cost billions in reduced US soybean exports
  • Petrobras owes Brazil billions, unlikely to pay in 2018, minister says
  • S&P cuts Brazil debt rating as pension reform doubts grow

    Econ events
    momenteventForecastConsensus
    2018-05-15IBC-BR Economic Activity MAR-0.10%
    2018-05-16Net Payrolls APR65.2K
    2018-05-17Interest Rate Decision6.50%
    2018-05-18Federal Tax Revenues APRBRL 118.9B
    2018-05-21Business Confidence MAY58.97

    UNITED ARAB EMIRATES -5.16%

  • macro bonds quick news
  • UAE President orders $200 million for UAE Pakistan Assistance ...
  • Japanese prime minister praises relations with oil-rich UAE
  • 9% GDP growth and role of women
  • Abu Dhabi Leaders Visit Fab 8 Facility
  • Camels, dates to act as UAE food security resource
  • For Europe, the Iran nuclear deal is all about trade
  • IMF: Mideast not growing fast enough to reduce unemployment
  • IMF warns Arab states against complacency over debt

    Econ events
    momenteventForecastConsensus
    2018-05-21Loan Growth YoY APR
    2018-05-21M3 Money Supply YoY APR

    INDONESIA -4.89%

  • macro strategy bonds quick news
  • Indonesia's presidential election may have only one candidate
  • Jokowi Welcomes Chinese PM in Bogor
  • Indonesia's economic growth slows in first quarter
  • Is South Korea's future fighter jet partnership with Indonesia falling ...
  • Indonesia's digital disruption will be short-lived: Morgan Stanley
  • Indonesia's economic growth slows in first quarter
  • PoliticsNow: Live budget news, video from Canberra
  • IMF: Indonesia's Debt-to-GDP Safe at 29%, Room for Tax Revenue ...

    Econ events
    momenteventForecastConsensus
    2018-05-15Property Price Index YoY Q1
    2018-05-15Balance of Trade APR$ 1.1B
    2018-05-15Exports YoY APR
    2018-05-15Imports YoY APR
    2018-05-17Deposit Facility Rate MAY3.50%
    2018-05-17Interest Rate Decision4.25%
    2018-05-17Lending Facility Rate MAY5%
    2018-05-17Car Sales YoY APR
    2018-05-17Motorbike Sales YoY APR
    2018-05-18Loan Growth YoY APR

    Our Recent Research Reports

  • 2018-05-15 Midlincoln Fixed Income Weekly
  • 2018-05-12 Rusal reports good set of numbers for Q1 2018 but they are irrelevant to the current situation of the company
  • 2018-05-11 May Sector Strategy

    Recent Chart Art

    Oil price is strong with sanctions looming again on Iran

    Download file in Power Point    		Putin's new term, Lots of Irony In this Picture For Russia

    Download file in Power Point    		Russia has been supported so far

    Download file in Power Point
    Chile Presidential Election Results Push Markets Higher

    Download file in Power Point    		Argentina yields contraction pushes equities

    Download file in Power Point    		Kazakhstan, the best investible market this year

    Download file in Power Point
    Ukraine is either over reporting population or its economy is extremely shady

    Download file in Power Point    		Kazakhstan stocks jump 9% on a day

    Download file in Power Point    		Communist Vietnam – highlighted in November in Stocks

    Download file in Power Point

    Latest ML Comics

    Rob is penetrating wrestling craft
    		 Rob is penetrating consumer discretionary sector
    		Rob is penetrating consumer discretionary sector
    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

    Recent ML Rural Highlights. Small Towns and Villages

    Vaskoh-Romania
    		Artvin-Turkey
    		Gorishkino-Russia