In the previous version of Silk Road � Central and Northern Europe was not that important Download file in Power Point	A bit awkward way of looking at things � but here is Top 20 Performance YTD by Index Provider Combined Their all indexes.. Download file in Power Point	In case of a deflation Gold Is likely to be a safe heaven again. Download file in Power Point
Choosing Utilities, Industrials and Consumer Staples is a conservative bet this year Download file in Power Point	MSCI Emerging Markets Index, getting ready to test the previous highs resistance levels Download file in Power Point	Brazil Yields Better Download file in Power Point
Oil Price Rally Looks Exhausted Download file in Power Point	Energy Sector Funds Flow Tick Down Unconvinced by OPEC Download file in Power Point	Great Run in Emerging Markets this year +17% YTD, +26% 1-Year�There are no really acute drivers that are clearly on surface and its still below the levels where it was 3 years ago.. Download file in Power Point
Moody's downgrades China rating to A1 from Aa3, with stable outlook.. Although emerging markets are still doing very well this week. The longer term implications for GEM yields could be negative as well as for overall GEM risk. Download file in Power Point	Argentina � why so hot? Download file in Power Point	Former Austro-Hungarian Empire Countries Equities were among the leaders in the last 12 months. Download file in Power Point
Brazil Yields Rise, Highlighting the Political Risk Download file in Power Point	Emerging Market Funds Returned to Inflow Download file in Power Point	Brazil Impeachment Download file in Power Point
Other Global Gloom Signs besides Trump Sell off In the States Yesterday - Download file in Power Point	CEE Real Rates Download file in Power Point	New Silk Road From Beijing to Barcelona Download file in Power Point
Bond Yields is a one good reason for European stock performance. Not? Download file in Power Point	Spike in HK yields is mostly caused by dislocation in coal markets which caused record losses for HK trader Noble Group. Yields spike.. Download file in Power Point	Energy Sector is the worst in global equity sectors performance ytd. Download file in Power Point
Average IPO Performance to date by country % this year. Download file in Power Point	Betting on European Election - Choose DAX Download file in Power Point	Russian carry trade - does it all stops here? Download file in Power Point
Gold funds inflows slow down� Will the gold price follow? Download file in Power Point	Czech, Russia, Poland and Egypt equities are way off their pre-Lehman highs.. Download file in Power Point	Emerging Market Currencies vs. USD in April are softer. Download file in Power Point