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June 9, 2017

Best 15 Markets Yesterday

CountryChangePct
QATAR2.96
ZIMBABWE2.00
CHINA1.57
NIGERIA1.49
BOSNIA AND HERZEGOVINA1.21
ITALY1.08
POLAND1.00
EGYPT1.00
ISRAEL0.97
SPAIN0.90
GREECE0.78
TURKEY0.49
KUWAIT0.49
HONG KONG0.49
HUNGARY0.41

Worst 15 Markets Yesterday

CountryChangePct
PORTUGAL-1.55
UKRAINE-1.48
BELGIUM-1.47
SOUTH AFRICA-1.43
JAPAN-1.18
ARGENTINA-1.18
BRAZIL-1.15
SAUDI ARABIA DOMESTIC-1.13
COLOMBIA-1.07
SWITZERLAND-1.07
SERBIA-0.96
PAKISTAN-0.91
NORWAY-0.81
MAURITIUS-0.74
FINLAND-0.73

Best 10 Markets YTD

CountryChangePct
ARGENTINA46.41
ZIMBABWE35.98
POLAND34.00
JAMAICA31.28
AUSTRIA30.04
ROMANIA28.38
KOREA28.16
NIGERIA27.40
KAZAKHSTAN26.68
SPAIN26.21

Worst 10 Markets YTD

CountryChangePct
OMAN-14.27
RUSSIA-12.51
QATAR-9.84
LEBANON-6.00
TRINIDAD AND TOBAGO-3.76
SAUDI ARABIA DOMESTIC-3.39
PAKISTAN-2.63
TUNISIA-0.70
CANADA-0.24
JORDAN0.30

Best 10 Markets Last 12 months

CountryChangePct
ZIMBABWE79.09
BULGARIA52.55
JAMAICA48.72
AUSTRIA47.06
CHINA30.60
KOREA30.46
ARGENTINA27.99
POLAND27.72
KAZAKHSTAN27.56
ROMANIA27.51

Worst 10 Markets Last 12 months

CountryChangePct
GHANA-19.35
NIGERIA-17.97
BOTSWANA-17.74
TUNISIA-14.48
OMAN-13.76
ISRAEL-10.27
BOSNIA AND HERZEGOVINA-7.88
SLOVENIA-7.25
EGYPT-7.15
ESTONIA-6.89

Country USD Yields and Week Changes

CountryAverage YieldYield Average WkChange % pts
Tunisia6.330.09
India3.770.05
China2.950.04
United States1.040.03
Malaysia3.360.02
Philippines3.270.02
Cote D'Ivoire (Ivory Coast)6.39-0.02
Uruguay4.24-0.02
Lebanon6.24-0.02
Lithuania2.45-0.03
Slovak Republic2.37-0.03
Pakistan5.08-0.03
Mongolia5.95-0.03
Colombia4.03-0.03
Chile2.83-0.03
Sri Lanka5.26-0.05
El Salvador8.47-0.05
Paraguay5.49-0.05
Mexico4.39-0.05
Peru3.76-0.05
Hungary3.25-0.06
Egypt6.04-0.06
Panama3.46-0.06
Romania3.54-0.06
Trinidad and Tobago4.84-0.07
Dominican Republic5.26-0.07
Ethiopia6.54-0.08
Poland2.61-0.09
Kazakhstan4.50-0.09
Vietnam4.17-0.09
Jordan5.80-0.09
Argentina6.32-0.10
Morocco3.26-0.10
Kenya6.41-0.11
Indonesia3.97-0.11
Brazil4.99-0.12
Russian Federation3.81-0.12
Ecuador8.57-0.14
Oman4.65-0.15
Jamaica5.70-0.16
Senegal6.08-0.16
Turkey4.93-0.16
Serbia3.42-0.17
Costa Rica6.02-0.17
Nigeria6.73-0.19
Ukraine7.62-0.19
Zambia7.55-0.19
Croatia (Hrvatska)3.45-0.20
Bolivia4.84-0.22
South Africa4.72-0.25
Azerbaijan4.97-0.28
Gabon6.37-0.29
Angola8.43-0.31
Ghana7.76-0.42
Venezuela24.33-0.54
Iraq7.31-0.64

Chart: Huge Outperformance of Germany vs. UK in the last 5 years. Any Thoughts after election?

Source: ML, Bloomberg

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Comment

Weekly performance is between 2017-06-08 and 2017-06-02

Best global markets week to date EFM ASIA +1.02%, EM (EMERGING MARKETS) +0.39%, EM LATIN AMERICA-0.08%,

While worst global markets week to date EUROPE -1.31%, FM (FRONTIER MARKETS) -0.49%, USA -0.24%,
  • US equities: will the bull market continue or run out of steam?
  • US equities drift lower as banks, weak data weigh
  • Storm clouds loom over emerging market growth
  • Emerging markets are on the rise
  • China stocks rise, bucking Asian market retreats
  • Stocks Defend Narrow Gains; 3 China Names Top Buy Points
  • European stocks fall as investors flee risk, drugmaker Roche weighs
  • European Stocks Mainly Higher as Britons Head to Polls, ECB ...
  • Oil prices continue to slide as supply overhang prevails
  • US crude settles at $45.64, down 8 cents, falling for second day on ...
  • Raw Steel MMI: US, Chinese Steels Post Price Increases
  • Wilbur Ross sees 'genuine' national security concern on steel
  • Gold Price Chart: Find all the latest gold rate chart and news
  • Gold price: Find all the latest trends and news about gold

    Best since the start of the week among various stock markets were ZIMBABWE +6.21%, PAKISTAN +3.18%, NIGERIA +3.10%, PERU +2.98%, CHINA +2.38%, BULGARIA +2.03%, TUNISIA +1.69%, EGYPT +1.52%, ISRAEL +1.44%, KAZAKHSTAN +1.42%,

    While worst since the start of the week among various stock markets were QATAR -6.07%, SOUTH AFRICA -3.58%, SWITZERLAND -2.77%, BOTSWANA -2.73%, GREECE -2.59%, ROMANIA -2.56%, BAHRAIN -2.31%, ARGENTINA -2.30%, SERBIA -2.22%, BELGIUM -2.09%,

    News

    Best 10 Market Since the begining of the week


    ZIMBABWE 6.21


  • Zimbabwe's President Robert Mugabe woos youth vote
  • Chasing the elusive Zimbabwean dream
  • Zimbabwe: AfDB Projects Zim GDP At 1,3pc
  • Zimbabwe: Paradox of Re-Industrialisation in Zim
  • Zimbabwe: Are Two Bad Candidates Better That One Good One?
  • Risky dependence. . . Call to diversify export market
  • Increasing budget deficit a sign of Zanu-PF madness
  • Bulawayo holds off auctioning CSC property over $1,5mln debt

    PAKISTAN 3.18


  • Delegations from Pakistan, India meet ICJ President
  • Prime Minister Narendra Modi Greets Nawaz Sharif In Astana: Sources
  • Pakistan's economic growth still hindered
  • PM touts Pakistan's investment prospects to Hong Kong forum
  • Population growth declining, reaches 1.86% in 2017
  • Pakistan's exports fall, while domestic sales rise
  • Pakistan budget aims to increase revenues
  • Pakistan's 'Silk Road' repayments to peak at around $5 billion a year ...

    NIGERIA 3.10


  • Nigeria's President Muhammadu Buhari is 'recuperating fast'
  • Morocco's admission in ECOWAS is anti-Nigeria — Ex-Minister
  • World Bank raises forecast for Nigeria's economic growth to 1.2%
  • African Economic Outlook: 10 facts you probably didn't know
  • Nigeria: The Elephant in the Room - Nigeria's Population Growth ...
  • Taking Agriculture to the Next Level
  • Nigeria: Budget 2017, Between the Rock and a Very Hard Surface
  • Nigeria's debt increases as recession continues

    PERU 2.98


  • Peru President sends Flag Day message from Paris
  • Peru PM: President Kuczynski's trip to strengthen bilateral agenda
  • Peru President reaffirms support for economic growth-boosting ...
  • In Peru, Infrastructure and Capital Markets are Joined at the Bip
  • Demographic dividend to boost Peruvian economy
  • Peru: Exports expanded 25.9% in Jan-Apr 2017
  • Peru lifts 2017 budget to deal with extreme flooding
  • Peru pushes local bond markets

    CHINA 2.38


  • Brown Meets With China's President Xi Jinping
  • China Welcomes Prime Minister Narendra Modi's Remarks On India ...
  • China posts surprise surge in exports but worries linger over ...
  • Zhou Says China's Investment Growth Likely to Moderate
  • Africa-China Conference on Population and Development Raises ...
  • China exports, imports surprise with growth rebound in May
  • China Can't Afford to Keep Challenging America on Military Spending
  • China's debt mountain: Should we worry?
    Ex Div Stocks Today:
    CompanyCountrySectorReported
    Guangzhou Automobile Group Co LtdCHINAConsumer Discretionary6/9/2017

    BULGARIA 2.03


  • Bulgarian Jewish community confers awards on former president ...
  • President Steinmeier to Prime Minister Borissov: Europe needs ...
  • Bulgaria reports 0.9% economic growth in Q1 2017
  • German-style 'grand' coalition looks unlikely in Bulgaria
  • Moody's affirms Bulgaria's Baa2 issuer ratings; outlook stable
  • Is 'Nearshoring' the New Offshoring?
  • Bulgaria sees fiscal surplus rising to 1.7 pct of GDP at end-May
  • Bulgaria's Debt Grows by EUR 2.1238 in 2016

    TUNISIA 1.69


  • Tunisian President Orders Army to Protect Oil and Gasfields
  • Tunisia's Prime Minister Youssef Chahed warns no one safe in anti ...
  • Tunisia economic growth picks up in first quarter
  • Tunisia Seeks Foreign Investment to Cement Democratic Gains
  • Reinventing oneself in a fast-paced creative environment
  • Tunisia exports the highest number of ISIL fighters of any country in ...
  • UPDATE 1-Tunisia budget sees foreign lending nearly doubling in ...
  • Regional partners pledge billions in help for Tunisia

    EGYPT 1.52


  • Egypt's ex-President Mursi lacks treatment as health deteriorates ...
  • Statement by the Prime Minister of Canada on the terrorist attack on ...
  • Global Growth Set to Strengthen to 2.7 percent as Outlook Brightens
  • Egypt- Investment funds lose 3.3% of their assets during first quarter
  • Egypt's population to reach 119 million by 2030: report
  • Growth rate of Egypt's exports reaches 7.4% in 2016
  • Egypt's budget ambitious with broad challenges - Daily News Egypt
  • Foreign Holdings of Egypt Debt Reach $7.5 Billion, Official Says

    ISRAEL 1.44


  • Haley to President Rivlin: All I did at the UN was tell the truth
  • Governor Speaks with Israeli Prime Minister
  • OECD Bullish on Israeli Economy Despite Slowing Growth
  • PA Arabs much better off than those in Arab countries
  • Israel's population to surge to 20 million by 2065
  • Israel exports $3.1 billion to US in first quarter of 2017, increase of 5 ...
  • Broward sheriff makes case for more money
  • Israel's debt-to-GDP ratio falls

    KAZAKHSTAN 1.42


  • PM Modi, Kazakhstan President discuss ways to expand bilateral ties
  • PM stresses boost in Pakistan, Kazakhstan trade
  • World Bank predicts slow growth for Kazakhstan in medium term
  • UAE-Kazakhstan Business Forum launched in Kazakhstan's capital ...
  • Central Asia's Population Growth
  • May China-Kazakhstan Relationship Fly High toward Our Shared ...
  • Government proceeds with privatising state property, says vice ...
  • Kazakhstan Bonds Are Better Than US Treasury's

    Worst 10 Market Since Begining of the Week


    QATAR -6.07


  • Gulf Crisis: Arab Leaders Say 'No Thanks' To Trump's Offer of ...
  • Qatar: 'No justification' for cutting diplomatic ties
  • Qatar faces harsh economic fallout
  • Qatar Faces Isolation in the Middle East, But It Has Plenty Of ...
  • Qatar's population officially hits 2.7 million people
  • S&P downgrades Qatar as regional dispute grows
  • Qatar seen swinging to budget surplus in 2018 on energy price gains
  • S&P Downgrades Qatar Debt Amid Blockade

    SOUTH AFRICA -3.58


  • Three Reasons Why President Zuma's South Africa Has Gone Into ...
  • SA govt asks Trump to reconsider withdrawal from Paris Agreement
  • World Bank slashes SA's economic growth outlook
  • South Africa's unexpected recession confounds economists
  • South Africa's economy is officially in recession
  • SA in recession, all eyes on political developments
  • South Africa budget almost avoids tax hikes for businesses to plug ...
  • The big problem with South Africa's 'debt forgiveness' plan

    SWITZERLAND -2.77


  • Switzerland lambasts US over climate accord decision
  • The Death of the Most Generous Nation on Earth
  • Swiss Economic Growth Supported by Exports at Start of Year
  • 3A Composites expanding PET foam production
  • At last year's growth rate Switzerland's population would double in ...
  • Swatch Sees Rebound in US, Europe as Watch Sales Improve
  • Negative interest pushes Switzerland's 2016 budget into positive ...
  • Switzerland's "Debt Brake" Is a Role Model for Spending Control ...

    BOTSWANA -2.73


  • Can you dance more than Botswana's President Khama? [Video]
  • ISS Today: African leaders take the blame for the continent's ...
  • IMF bullish on Botswana growth prospects
  • Botswana: Investment Opportunity Available - Seretse
  • South Africa: the “wait-and-see” economy
  • SA's downgrade effects to spillover into Botswana
  • Budget 2017/18: Govt's behemoth job creation task
  • Shrenuj Nears Debt Deal to Ease Liquidity Crisis

    GREECE -2.59


  • Greek president to Germany: Don't let election affect stance on debt
  • Former Greek prime minister injured in letter bomb blast
  • Greece not in recession after all: GDP revised up to 0.4% growth
  • Speculation abounds over L'Oréal Greece investment
  • Cities urged to 'embrace new reality' of mass migration
  • Exports of medicines the second biggest category for Greece
  • Greek Jan-April central govt budget surplus beats target on lower ...
  • Greece debt relief row clouds run-up to eurozone summit

    ROMANIA -2.56


  • The Romanian President Is in DC to Talk Defense, But…
  • Romanian Prime Minister: French PM will visit Romania soon
  • Industry becomes main driver for Romania's economic growth
  • CRF Health: Romania investment part of growth strategy
  • Renomia: an international mindset
  • Romania's exports and imports accelerate in March to new record ...
  • Romanian Premier Banks on Economic Zip to Bridge Budget Gap
  • S&P maintains Romania's debt rating

    BAHRAIN -2.31


  • Egypt's Sisi and Bahrain King: Qatar has taken an anti-Arab stance
  • Bahrain says it will jail Qatar supporters for up to five years
  • Bahrain Expects Non-Oil Sector to Grow by 3% in 2017
  • Bahrain Investment Market - a welcome addition to the financing of ...
  • Up the creek again, without a paddle
  • 'Indian merchandise exports to 6 Gulf countries down 18.7% in 2015 ...
  • Analysis - Bahrain may need Saudi help to plug budget gap
  • Bahrain gets a piece of good news on economy

    ARGENTINA -2.30


  • Merkel in Argentina talks Trump, trade and climate change
  • Statement - Minister Duclos strengthens bilateral relationships with ...
  • Brazil's Argentina Moment
  • It takes two to tango
  • A third of Argentina's population live in poverty, according to the ...
  • Argentina: Neuquen's cherries to enter China without tariffs
  • UPDATE 1-Argentina beats 2016 fiscal goal with deficit of 4.6 pct of ...
  • US judge reassigns last few cases in Argentina debt saga

    SERBIA -2.22


  • Scuffles Erupt as Serbia's President is Sworn In
  • Bookies Favour Dacic as Serbia's New Prime Minister
  • World Bank lifts Serbia 2017 GDP growth projection to 3.0%
  • Exclusive Interview: Dragana Djurica, Senior Expert for ...
  • Serbia at a loss to stop population decline
  • Serbian c-bank expects 3% GDP growth in 2017
  • CORRECTED - Serbia swings to budget surplus in Jan-Apr
  • Belt and Road: Eastern Europe Tilts to Eurasia?

    BELGIUM -2.09


  • Readout of President Donald J. Trump's Meetings with the King ...
  • Belgian prime minister has hearing loss after standing too close to ...
  • Belgian Prime Minister Charles Michel to visit Canada
  • BEIGE Capital secures funds from INCOFIN
  • Researcher Claims That India, Not China, Is The World's Most ...
  • Nicola Sturgeon: Brexit timeline matches Scottish referendum plan
  • Belgium Puts Corporate Tax Rate Under Review in Budget Deal
  • Will NATO members pay their NATO debts?

    Our Recent Research Reports

  • 2017-06-08 MidLincoln ChartArt
  • 2017-06-05 ML Global Strategy May Review/June Preview

    Recent Chart Art

    Huge Outperformance of Germany vs. UK in the last 5 years. Any Thoughts after election?

    Download file in Power Point    		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..

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    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

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    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