2019-03-19 Index Atlas Ideas for 2019 Liquidity of a short term end of the European and Japan Bond Curve Should be Bad as at least 234 bonds in 12 EU countries and Japan trade with negative yield..Domestic investors in these countries are likely to chase short term bonds else where? US Treasury Yields – a lot lower Yields in the UK are A Bit Tighter France Bonds have been negatively affected by Yellow Jackets Emerging Market Bonds Should Be Better With Negative Yields in a lot of places.. Emerging Markets Bonds – Mostly Seen Yield Contraction with only a Few Exceptions Lebanon bonds – move into high yield category Nostrum Oil Eurobond Negatively Affects Kazakhstan average Few Bonds Were Significantly Weaker in the last month of 2018 Besides mentioned Nostrum Shell Drilling Inc with EBTIDA of 205 mln$ for 2017 and total debt of 840$mln Yielding 10.7% Oman’s Bank Muscat with 6.06% Yield Oman’s Lamar Funding with 7.2% Yield Argentina RIO ENERGY SA with 12.13 Zambian First Quantum Minerals with 10% China’s CITIC bank with 3.8% yield Etc.. Venezuelan Eurobonds – Hot Topic Italian Bonds – another popular topic Local Sovereign Yields are a lot better – and with stable DXY – we might see few carry trades opportunities Ukraine – in pre-election, Is there a buying opportunity? ... Only preview. This report requires privileged access rights to read it at the current time.

2019-03-19 ... Only preview. This report requires privileged access rights to read it at the current time.

2019-03-05 Oil price volatility spooked markets. Few months ago, when Brent price was storming through 80$/bbl few were strongly opposing the upward momentum, agreeing with rising prices. But just before the year end – the oil price collapsed and most of the commentators have found a reason or two to predict lower levels for oil price ahead. 30$ drop in the oil price has caused some downward revisions of forecasts. According to Reuters: analysts have slashed forecast for 2019 to 67$/bbl from 70$/bbl for WTI. Brent forecast was downgraded to 74$/bbl 76$/bbl. Most frequently cited negative factors for downgrade of forecast are return of the unconventional (shale and ethanol) oil in the US as well as recovering production in Libya and Nigeria as well as the end of the driving season. While supporting factors for the oil price is OPEC cut and stricter compliance with OPEC production quotas as well as economic growth in the US. ... Only preview. This report requires privileged access rights to read it at the current time.

2019-03-05 After stellar 2017 when new money generation was extreamly robust and net inflows into various public investment vehicles stood at 287$bn while MSCI World index was up 20.1% (data ex HF and FO) 2018 was a year when most of the things reversed direction vs. 2017 MSCI ACWI was down 11.17% MSCI US was down 6.3% AC Europe was down 17.2% Emerging Markets down -16.5% Frontier markets were down 19% Total outflow from various public investment vehicles was 21bn$ in 2018 Average outflow was 19.9bn$ ... Only preview. This report requires privileged access rights to read it at the current time.

2019-03-05 Long Palladium and Platinum Short DAX Long iBovespa Long Singapore SIBOR rate Positive on Long BRICs Positive on 12m Libor rate in USD Long Natural Gas in the US Short Nikkei Index Short Greece and Turkey Short Brent ... Only preview. This report requires privileged access rights to read it at the current time.

2019-03-01 Materials Sector YTD Performance % South Africa Materials Companies Deliver Stellar Performance on the back on strength in Palladium Major Commodities for Underlying Materials Market Share By Companies In the Abstract Materials Sector Abstract Materials sector market share by countries Silver, Gold Producers generate very healthy margins – aluminium trails More Specifically Steel, Copper, Gold and Silver margins support the sector in general, aluminium and chemicals lag Global Steel Production – With Recession Periods Highlighted Steel Production By Countries mn t Iron Ore Production by Countries Estimated Gold Production By Countries t Aluminium Production tt Platinum Production Key Platinum Producers Key Palladium Producers Largest Dividends in Materials Sector Cheapest Materials Companies On Fy1 PE x Value and Growth in Materials Sector By Countries ... Only preview. This report requires privileged access rights to read it at the current time.

2019-02-13 Don’t Hope The Rally will Last Economic Nationalism Trades Economic Nationalism Trades Globalisation Re-farming Policy mistakes are expensive Money is the message Dr. Copper Sais Emerging Markets Rally Is could be just too fragile Even worst equity markets class (Frontier Markets) delivered 5% return in January Dynamics in Bond Markets is quite supportive of risk appetite improvement argument Specialist sector funds see outflowsCommodities best and worst ... Only preview. This report requires privileged access rights to read it at the current time.

2019-02-05 Overall operating results should provide optimism for investors as OVK operating performance improving. There remains skepticism about OVK leverage, but in our view a deeper dig into OVK business model explains high Debt/EBTDA multiples. We maintain our view that current levels should be attractive for increasing position in OVK. ... Only preview. This report requires privileged access rights to read it at the current time.

2019-02-01 Index Atlas Ideas for 2019 Liquidity of a short term end of the European and Japan Bond Curve Should be Bad as at least 234 bonds in 12 EU countries and Japan trade with negative yield..Domestic investors in these countries are likely to chase short term bonds else where? US Treasury Yields – a lot lower Yields in the UK are A Bit Tighter France Bonds have been negatively affected by Yellow Jackets Emerging Market Bonds Should Be Better With Negative Yields in a lot of places.. Emerging Markets Bonds – Mostly Seen Yield Contraction with only a Few Exceptions Lebanon bonds – move into high yield category Nostrum Oil Eurobond Negatively Affects Kazakhstan average Few Bonds Were Significantly Weaker in the last month of 2018 Besides mentioned Nostrum Shell Drilling Inc with EBTIDA of 205 mln$ for 2017 and total debt of 840$mln Yielding 10.7% Oman’s Bank Muscat with 6.06% Yield Oman’s Lamar Funding with 7.2% Yield Argentina RIO ENERGY SA with 12.13 Zambian First Quantum Minerals with 10% China’s CITIC bank with 3.8% yield Etc.. Venezuelan Eurobonds – Hot Topic Italian Bonds – another popular topic Local Sovereign Yields are a lot better – and with stable DXY – we might see few carry trades opportunities Ukraine – in pre-election, Is there a buying opportunity? ... Only preview. This report requires privileged access rights to read it at the current time.

2019-01-29 RTS index is free float weighted, capped index containing stocks trading on Moscow exchange with stock selections criteria based on the liquidity of free float, size of the market cap and size of free float. Candidate inclusion/exclusion stocks are added to the respective index waiting lists a quarter ahead of the rebalancing minimizing rebalancing costs. Moscow Exchange RTS Index board is the body making the rebalancing decisions. ... Only preview. This report requires privileged access rights to read it at the current time.