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Indexes
Currencies
Commodities
Rates

Index Performance

Changes between 2016-07-25 and 2016-07-26
NdexLastWkChPct
Borsa Istanbul 100 Index74174.012.37
Hong Kong Hang Seng Index22241.261.30
Warsaw Stock Exchange WIG Tota47026.011.04
Korea Stock Exchange KOSPI Ind2027.340.75
Shanghai Stock Exchange Compos3035.640.75
S&P BSE SENSEX Index28122.640.73
FTSE/JSE Africa All Share Inde53292.520.54
Deutsche Boerse AG German Stoc10198.240.50
MICEX Index1931.780.25
Karachi Stock Exchange KSE100 39054.60.01
Jakarta Stock Exchange Composi5214.988-0.14
Ibovespa Brasil Sao Paulo Stoc56872.73-0.23
S&P 500 Index2168.48-0.30
FTSE 100 Index6710.13-0.30
Dow Jones Industrial Average18493.06-0.42
Russian Depositary Index USD1092.73-0.49
S&P/TSX Composite Index14498.1-0.70
Russian Trading System Cash In928.73-0.77
Mexican Stock Exchange Mexican47130.41-0.86
Nikkei 22516452.7-1.01

Weekly Currency Performance
CurrencyLastWkChPct
USDKZT348.251.30
USDRUB65.41910.93
USDBRL3.2860.91
USDCAD1.31930.32
USDINR67.34630.14
USDNOK8.56020.04
USDPKR104.8050.01
USDAZN1.58620.00
USDCNY6.6759-0.04
USDKRW1135.07-0.15
USDEUR0.9081-0.38
USDLVL0.63816-0.39
USDZAR14.2882-0.50
USDAUD1.3287-0.59
USDTRY3.0241-0.76
USDJPY104.41-1.68

Weekly Commodities Performance
nameunitsPriceWeekCh
CattleUSD/LB.111.082.78
SugarUSD/LB.19.891.53
PlatinumUSD/T OZ.1087.871.22
PalladiumUSD/T OZ.686.931.19
SilverUSD/T OZ.19.630.72
HogsUSD/LB.64.350.70
GOLDUSD/T OZ.1319.080.20
RiceUSD/CWT10.380.00
WheatUSD/BU.428.00-0.12
CornUSD/BU.340.75-0.22
CopperUSD/MT4899.00-0.43
CoffeeUSD/LB.141.10-0.56
COCOAUSD/MT2854.00-1.11
OIL BrentUSD/BBL.44.87-1.67
SoybeansUSD/BU.968.00-1.95
NATURAL GAS (NYMEX)USD/MMBTU2.71-3.21
OatsUSD/BU.196.25-3.80

Weekly Bond Rates Performance Change in btps
countryyieldWk1m1y
HONG KONG 1.00%5 -6 -74
GREECE 7.88%4 -50 -335
BRAZIL 11.94%3 -43 -112
MEXICO 5.91%2 -12 -20
INDIA 7.25%1 -22 -57
CANADA 1.10%0 -6 -38
ITALY 1.23%0 -32 -63
SWITZERLAND -0.57%0 -3 -49
AUSTRALIA » 1.91%0 -9 -90
NEW ZEALAND 2.21%0 -14 -110
SINGAPORE 1.75%0 -13 -88
UNITED KINGDOM » 0.81%-1 -28 -113
SPAIN 1.10%-1 -51 -79
JAPAN » -0.26%-1 -8 -66
SOUTH KOREA 1.40%-1 -9 -93
GERMANY » -0.05%-2 +1 -73
NETHERLANDS 0.07%-2 -14 -77
UNITED STATES » 1.55%-3 -1 -71
FRANCE 0.18%-3 -19 -77
PORTUGAL 2.99%-3 -32 +52

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
Turkey4.840.74
Iraq10.290.47
Egypt6.460.44
Dominican Republic5.240.19
South Africa4.440.15
Ethiopia7.190.13
Kenya7.510.13
Russian Federation4.120.10
Lithuania2.230.08
Malaysia3.520.08
Tunisia6.520.08
Brazil4.760.06
Morocco2.930.06
Zambia10.280.06
Hungary3.410.06
Panama2.920.04
Uruguay4.010.04
Costa Rica5.930.04
Croatia (Hrvatska)4.110.03
Romania3.340.03
China2.630.03
Argentina6.130.02
Peru3.460.02
United States0.490.01
Serbia3.620.01
Mongolia7.020.01
Poland2.290.01
Paraguay5.280.00
Philippines2.450.00
Slovak Republic1.73-0.01
Colombia3.67-0.01
Mexico3.91-0.01
Indonesia3.94-0.02
Ecuador10.18-0.02
Cote D'Ivoire (Ivory Coast)6.17-0.02
Lebanon6.35-0.03
Angola10.04-0.04
Vietnam3.97-0.06
Azerbaijan5.01-0.07
Chile2.63-0.07
Ukraine7.99-0.08
Kazakhstan4.59-0.08
Oman4.67-0.09
Pakistan5.69-0.10
Ghana9.81-0.10
Gabon7.99-0.17
Jamaica5.47-0.21
Sri Lanka5.18-0.21
El Salvador7.45-0.43
Venezuela25.73-1.27

Chart: July Seen Strong Yields Correction for Developed Markets Bonds

Source: ML



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 Borsa Istanbul 100 Index +2.37%, Hong Kong Hang Seng Index +1.30%, Warsaw Stock Exchange WIG Tota +1.04%, Korea Stock Exchange KOSPI Ind +0.75%,

While worst since the start of the week among various stock markets was Nikkei 225 -1.01%, Mexican Stock Exchange Mexican -0.86%, Russian Trading System Cash In -0.77%, S&P/TSX Composite Index -0.70%,

Best week to date in FX space vs. greenback was USDJPY +1.68%, USDTRY +0.76%, USDAUD +0.59%,

While worst week to date in FX space vs. greenback was USDKZT -1.30%, USDRUB -0.93%, USDBRL -0.91%,

Best among commodities versus last Friday close was Cattle +2.78%, Sugar +1.53%, Platinum +1.22%,

While worst among commodities versus last Friday close was Oats -3.80%, NATURAL GAS (NYMEX) -3.21%, Soybeans -1.95%,

Best among bonds since week to date week was FRANCE +3bpts, PORTUGAL +3bpts,

While worst among bonds since week to date week was HONG KONG -5bpts, GREECE -4bpts,

News


Turkey
  • Turkish President Meets Opposition After Failed Coup/.../
  • Prime Minister: Turkey Didn't Deserve Downgrade/.../
  • Coups Don't Depress Economic Growth/.../
  • AKP-era foreign investments jarred/.../
  • The Seeds for Igniting a Turkish Civil War Were Planted in Syria/.../
  • PM: Economic effects of coup attempt not greater than Russian jet .../.../
  • Turkey's budget deficit at $7.4 billion for 2015/.../
  • The Latest: Turkey debt downgraded again over coup fallout/.../
    Brazil
  • Brazil's Largest Newspaper Commits Major Journalistic Fraud to .../.../
  • Trudeau dismisses Brazil threat to challenge Bombardier bailout at .../.../
  • IMF Improves Brazil's GDP Outlook for 2016 and 2017/.../
  • Mexico's star wanes as reforms underwhelm, Brazil rises/.../
  • Despite Brazil's Troubles, Ambev SA Looks A Compelling Buy Right .../.../
  • Brazil's exports to Qatar touch QR447.14m in H1/.../
  • Record May deficit highlights Brazil's budget challenge/.../
  • Deep Dive: Japanese Yen, Brazil Debt and ETF Flows/.../
    Russia
  • Vladimir Putin's Bad Blood With Hillary Clinton/.../
  • Canada meets Russian foreign minister for first time in years/.../
  • Russian economy recovering slowly/.../
  • B2B: Russian Commercial Real Estate Market Outlook for 2014/.../
  • ISIS: The Durability of Chaos/.../
  • Belarus' IT sector sparks new growth/.../
  • Russia mulling 'energy, sports, industry spending cuts'/.../
  • Junk-rated Russia debt priced as investment-grade again/.../
    China
  • Fiery Duterte will hold off on South China Sea jet-ski diplomacy...for .../.../
  • After Nepal prime minister goes, China says hopes for stability/.../
  • Li Keqiang Discusses New Growth Drivers Amidst China's Economic .../.../
  • How slow will China go?/.../
  • China's working age population to fall 23 per cent by 2050/.../
  • US Exports to China Shrink, Especially for Heavy Industry/.../
  • China facing hard work to meet annual budget targets: People's Daily/.../
  • China Bank to Turn $1.6 Billion of Bad Debt Into Securities/.../
    South Africa
  • IWF South Africa President Dr. Danisa Baloyi on Leadership .../.../
  • Indian Prime Minister arrives in South Africa/.../
  • How China, Zuma and Nenegate crushed South Africa's economic .../.../
  • 'Rand may strengthen if SA is downgraded'/.../
  • Can Emerging Market MNCs Lead The Way In Boosting Financial .../.../
  • Bridging South Africa's Economic Divide/.../
  • South Africa: Budget 2016 - More Revenue a Must or SA Heads to .../.../
  • South Africa Debt: Downgrade From Investment Grade Soon?/.../
    Australia
  • US Vice President Joe Biden calls on Australia to be innovation hub .../.../
  • Australia PM calls for investigation into juvenile 'torture'/.../
  • UBS: International students are helping power Australian economic .../.../
  • It Seems Djerriwarrh Investments Limited Will Go Up. Have Another .../.../
  • Latin American Central Bankers to Lend $482.5m to Venezuela/.../
  • EconomyRBA calm post-Brexit, but awaiting more data/.../
  • PC hits out at submarines pork/.../
  • CHART: The incredible rise in Australia's debt-to-GDP ratio/.../
    Korea
  • South Korea president supports THAAD but calls for other ideas/.../
  • Angry mob pelts South Korean prime minister with eggs, bottles/.../
  • South Korean economic growth acclerated in the June quarter/.../
  • South Korean economic growth acclerated in the June quarter/.../
  • Can Emerging Market MNCs Lead The Way In Boosting Financial .../.../
  • South Korea's growth rate improves on consumption, construction/.../
  • New South Korea budget airline cleared for take-off/.../
  • Election Rout May Scuttle Call for Bank of Korea Debt Buying/.../
    India
  • Transfer Of Power Has Never Been Problem In India: President .../.../
  • Reassessing India's 'forgotten prime minister'/.../
  • India economic growth to remain solid, only one rate cut likely .../.../
  • General Motors Puts On Hold $1 Billion India Investment/.../
  • Since 2005, fewer jobs for women in India/.../
  • India's exports see marginal growth in June after 18 months/.../
  • 15Kcr short on revenue, but no new taxes in TN budget/.../
  • India debt-GDP ratio one of the lowest among emerging markets .../.../
    Canada
  • Securing investment in Canada key during auto bargaining: Unifor .../.../
  • Statement by the Prime Minister of Canada on the anniversary of .../.../
  • Think Tank Cuts 2016 Canada Economic-Growth View to 1.4%/.../
  • Morgan Stanley Names Tory Head of Canada Investment Banking/.../
  • Calgary census: Population growth slows, vacancy rate climbs/.../
  • Republican Party Platform Calls For Reviving Keystone XL/.../
  • British Columbia ends 2015-16 with larger-than-expected surplus/.../
  • Foreign buyers of Vancouver property to pay extra tax/.../

    Econ Events Today


    2016-07-26 Russia Business Confidence JUL
  • FBI scrutinizing alleged Russian hack of DNC network
  • IOC's 'half-measure' on Russian doping leaves great question ...
  • GIC Re expects higher global ranking
  • The big news: AAP says Modi is scared after two MLAs are arrested ...


    2016-07-26 BRazil Current Account JUN
  • Brazils current account balance likely to come in negative in June
  • Fed and BOJ; Clinton's Spotlight, Apple: Week Ahead July 25-30
  • Keppel sees prolonged dearth of oil-rig orders amid glut
  • Auto sales and the oil price: the Great Unwinding continues


    2016-07-26 BRazil Foreign Direct Investment JUN
  • Sherritt Announces Q2 2016 Results
  • BUSINESS IN BRIEF 25/7
  • How one oil-rich economy is insulating itself from the world's chill ...
  • Turkey's turbulence tests wider rally in emerging markets


    2016-07-26 US Redbook YoY 23/JUL
  • Cultural Revolution-style concert was a well-laid trap for Xi Jinping
  • 'We thought Mao was doing a wonderful thing,' says British Red ...
  • How political hatred during Cultural Revolution led to murder and ...
  • Why are so many Chinese nostalgic for the Cultural Revolution?


    2016-07-26 US Redbook MoM 23/JUL
  • Are Jeremy Corbyn's rich kid revolutionaries the REAL posh boys of ...
  • Are Jeremy Corbyn's rich kid revolutionaries the REAL posh boys of ...
  • 'Daisy Girl' political ad still haunting 50 years later
  • How can I get this heavy feeling off my chest?


    2016-07-26 US S&P/Case-Shiller Home Price YoY MAY
  • Homeprice ascent slows in April, S&P/Case-Shiller reports
  • Homeprice ascent slows in April, S&P/Case-Shiller reports
  • US S&P / Case-Shiller Home Price Index
  • We love real estate, but does it really pay?


    2016-07-26 US S&P/Case-Shiller Home Price MoM MAY
  • Mid-Day Report: Financial Markets Calmed Down from Brexit Shock
  • Mid-Day Report: Financial Markets Calmed Down from Brexit Shock
  • EUR/USD: Euro Trading Lower, Ahead Of Germany's CPI Data For ...
  • Market briefing: UK markets ended higher yesterday, recovering ...


    2016-07-26 US Markit Composite PMI Flash JUL
  • US GDP Growth Expected to Accelerate -- Data Week Ahead Update
  • Hammond says Brexit has hit confidence as UK economy shrinks ...
  • US GDP Growth Expected to Accelerate -- Data Week Ahead
  • Pound plunges as 'dramatic deterioration' in UK economy stokes ...


    2016-07-26 US Markit Services PMI Flash JUL
  • US GDP Growth Expected to Accelerate -- Data Week Ahead Update
  • U.S. GDP Growth Expected to Accelerate -- Data Week Ahead
  • All must yield before King Dollar
  • S&P closes at record high, stocks hit 4 straight weeks of gains


    2016-07-26 US CB Consumer Confidence JUL
  • Gold Steady at $1320, Markets Eye BoJ, Fed Meetings
  • Forex Weekly Outlook July 25-29
  • U.S. CB consumer confidence jumps in June, beating expectations
  • S&P 500 Catalysts This Week: We Downgrade Stock Market From ...


    2016-07-26 US New Home Sales JUN
  • US Housing Starts Rose 4.8% in June
  • US Housing Starts Rose 4.8% in June
  • US Homes Sales Improved in June, Best Pace Since Early 2007
  • US homes sales improved in June, best pace since early 2007


    2016-07-26 US New Home Sales MoM JUN
  • Market briefing: US markets ended in positive territory on Friday ...
  • For West Virginia flood victims, the cleanup has just begun
  • How luck and hard work helped a Brazilian immigrant achieve the ...
  • The Housing Market Is Waving a Red Flag


    2016-07-26 US Richmond Fed Manufacturing Index JUL
  • Dollar extends recent gains on upbeat US data: July 25, 2016
  • Fed and BOJ; Clinton's Spotlight, Apple: Week Ahead July 25-30
  • U.S. GDP Growth Expected to Accelerate -- Data Week Ahead
  • World Week Ahead: Wall St seen powering higher


    2016-07-26 US 4-Week Bill Auction
  • TREASURIES-Yields little changed, touched 4-week highs as ...
  • TREASURIES-Yields little changed, touched 4-week highs as ...
  • Current Mortgage Rates for Tuesday, July 12, 2016
  • 4-Week Treasury Bills Auction: What Made High Discount Rate Rise?


    2016-07-26 US 5-Year Note Auction
  • TREASURIES-US short-dated yields rise on weak auction before ...
  • US bonds choppy after strong auction, amid stock climb
  • The Lost Art of Loaf Stacking Hay
  • Gold Pressured By Stronger US Dollar, Rallying World Stock Markets



    Econ Events Yesterday


    2016-07-25 Turkey Business Confidence JUL
  • The Turkish lira is surging
  • Here's Why Ryanair Shares are Bouncing Despite the Brexit Gloom

    2016-07-25 Turkey Capacity Utilization JUL
  • US dollar strengthens ahead of central banks' week
  • China's steel output grows again

    2016-07-25 BRazil Federal Tax Revenues JUN
  • Westinghouse Air Brake Technologies (WAB) Raymond T. Betler on ...
  • The week ahead in business and finance

    2016-07-25 BRazil Net Payrolls JUN
  • Form 6-K Fibria Celulose SA For: Jul 25
  • Interpublic Group of Cos. (IPG) Michael Isor Roth on Q2 2016 ...

    2016-07-25 US Dallas Fed Manufacturing Index JUL
  • July 2016 US Dallas Fed manufacturing index -1.3 vs -10 exp
  • Dallas Fed: Texas manufacturing sector levels off in July

    2016-07-25 US 3-Month Bill Auction
  • TREASURIES-Yields little changed, touched 4-week highs as ...
  • Treasury Sells Three-Month Bills at Zero Yield for First Time

    2016-07-25 US 6-Month Bill Auction
  • Bids at US 6-month T-bill sale highest in 6 weeks
  • TREASURIES-Yields little changed, touched 4-week highs as ...

    2016-07-25 US 2-Year Note Auction
  • Yield on US 2-year hits high after note sale
  • 'Awful' 2-Year Auction Shows Market Fears More Hawkish Fed

    2016-07-25 Japan Balance of Trade JUN
  • Japan June exports fall less than expected, offer some hope of ...
  • Japan's Trade Balance Returns to Positive Territory in June as ...

    2016-07-25 Japan Exports YoY JUN
  • Daily Report: Yen Surges, Nikkei Dips on Dimmer Stimulus Hope
  • Today's Market View - Amur Minerals, Atalaya Mining, Petra ...

    2016-07-25 Japan Imports YoY JUN
  • Daily Report: Yen Surges, Nikkei Dips on Dimmer Stimulus Hope
  • Today's Market View - Amur Minerals, Atalaya Mining, Petra ...

    2016-07-25 Japan Coincident Index Final MAY
  • Japan leading index CI May final 99.7 vs 100.00 exp
  • Markets Live: Sensex, Nifty Fluctuate; Bajaj Finance Q1 Net Jumps ...

    2016-07-25 Japan Leading Economic Index Final MAY
  • Japan leading index CI May final 99.7 vs 100.00 exp
  • Markets Live: Sensex, Nifty Fluctuate; Bajaj Finance Q1 Net Jumps ...

    Results


    Our Recent Research Reports

  • 2016-07-25 ML Weekly
  • 2016-07-25 ML Fixed Income Queries and Stance Weekly
  • 2016-07-25 ML Commodities Weekly
  • 2016-07-22 ML Morning Meeting
  • 2016-07-21 ML Morning Meeting
  • 2016-07-21 ML Agribusiness

    Select Equity Data Snapshot


    Select FI Data Snapshot

    Top 20 GEM Sovereign Bonds Yields Climbs Change USD Eurobonds (Losers) Weekly

    BondCountryYieldYield Change % pts
    TURKEY (REPUBLIC OF) 19Turkey3.910.96
    TURKEY (REPUBLIC OF) 20Turkey4.110.93
    TURKEY (REPUBLIC OF) 19Turkey3.780.93
    TURKEY (REPUBLIC OF) 21Turkey4.320.90
    TURKEY (REPUBLIC OF) 23Turkey4.430.84
    TURKEY REPUBLIC OF (GOVERNMENT) 22Turkey4.470.82
    TURKEY (REPUBLIC OF) 24Turkey4.650.74
    TURKEY (REPUBLIC OF) 22Turkey4.470.71
    TURKEY (REPUBLIC OF) 26Turkey4.700.70
    TURKEY (REPUBLIC OF) 26Turkey4.810.68
    TURKEY (REPUBLIC OF) 25Turkey4.690.67
    TURKEY REPUBLIC OF (GOVERNMENT) 43Turkey5.520.66
    TURKEY (REPUBLIC OF) 34Turkey5.410.66
    TURKEY (REPUBLIC OF) 36Turkey5.500.65
    TURKEY (REPUBLIC OF) 30Turkey4.930.65
    TURKEY (REPUBLIC OF) 40Turkey5.580.65
    TURKEY (REPUBLIC OF) 41Turkey5.580.63
    TURKEY (REPUBLIC OF) 38Turkey5.510.61
    TURKEY REPUBLIC OF (GOVERNMENT) 45Turkey5.600.59
    EGYPT (ARAB REPUBLIC OF) MTN RegS 25Egypt7.510.59