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June 14, 2017

Best 15 Markets Yesterday

CountryChangePct
GREECE2.88
PAKISTAN2.55
PERU2.30
CANADA1.59
HUNGARY1.53
KENYA1.34
SWEDEN1.22
TUNISIA1.15
DENMARK1.09
THAILAND1.03
PORTUGAL1.03
FINLAND1.02
ITALY0.83
SWITZERLAND0.79
ISRAEL0.74

Worst 15 Markets Yesterday

CountryChangePct
UKRAINE-3.22
PHILIPPINES-1.12
KAZAKHSTAN-0.92
RUSSIA-0.77
QATAR-0.56
JORDAN-0.55
LITHUANIA-0.50
BRAZIL-0.50
NIGERIA-0.47
BOSNIA AND HERZEGOVINA-0.47
ARGENTINA-0.37
EGYPT-0.30
MALAYSIA-0.26
ROMANIA-0.24
TURKEY-0.22

Best 10 Markets YTD

CountryChangePct
ARGENTINA43.20
ZIMBABWE38.31
POLAND31.80
JAMAICA31.07
AUSTRIA30.66
KOREA28.15
NIGERIA28.08
TURKEY27.37
KAZAKHSTAN26.86
ROMANIA25.61

Worst 10 Markets YTD

CountryChangePct
OMAN-14.68
RUSSIA-12.98
QATAR-11.70
LEBANON-5.61
PAKISTAN-5.04
SAUDI ARABIA DOMESTIC-3.95
TRINIDAD AND TOBAGO-3.27
BRAZIL-0.24
TUNISIA-0.17
JORDAN0.56

Best 10 Markets Last 12 months

CountryChangePct
ZIMBABWE118.94
AUSTRIA58.95
BULGARIA55.74
JAMAICA48.98
HUNGARY39.63
KAZAKHSTAN36.59
KOREA35.74
SPAIN34.30
POLAND33.34
CHINA33.32

Worst 10 Markets Last 12 months

CountryChangePct
NIGERIA-18.12
BOTSWANA-18.11
GHANA-15.97
OMAN-13.55
TUNISIA-12.43
ISRAEL-8.03
EGYPT-8.02
BOSNIA AND HERZEGOVINA-7.91
ESTONIA-6.18
SLOVENIA-5.33

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: US Treasury Bonds Yields Are Cooler Ahead of Rate Decision

Source: ML

Download file in Power Point


Comment

Weekly performance is between 2017-06-13 and 2017-06-09

Best global markets week to date USA +0.38%, EUROPE-0.23%, FM (FRONTIER MARKETS)-0.32%,

While worst global markets week to date EFM ASIA -0.89%, EM (EMERGING MARKETS) -0.83%, EM LATIN AMERICA -0.74%,
  • IBD 50 Goes East; China, Taiwan, India Firms Fortify US Equities
  • Record number of investors anxious about equities
  • Templeton Emerging Markets - technology could transform the ...
  • Russian, Qatar stocks fall; broader emerging markets calm pre-Fed
  • Small-caps lead China stocks up even ahead of expected Fed rate ...
  • China stocks fall on Anbang tumult, weak investment data; Hong ...
  • Europe equities well placed for strong second half
  • Tech selloff, British government's woes push European stocks to ...
  • Oil prices under pressure on worries data will confirm rising US ...
  • Here's why oil prices could drop to $30 a barrel again: Fesharaki
  • Current steel prices are higher than duties: Rakesh Arora
  • US Steel Prices Fall in May, and This Might Just Be the Beginning
  • Today Gold Price: Track today gold rate latest trends and news
  • Gold rate today: Track Gold price in India and market outlook

    Best since the start of the week among various stock markets were GREECE +4.37%, BULGARIA +1.90%, HUNGARY +1.73%, NORWAY +1.50%, SLOVENIA +1.42%, KENYA +1.36%, CROATIA +1.33%, CHILE +1.24%, DENMARK +1.08%, BOSNIA AND HERZEGOVINA +0.96%,

    While worst since the start of the week among various stock markets were UKRAINE -6.25%, EGYPT -2.70%, QATAR -1.85%, BRAZIL -1.80%, ARGENTINA -1.58%, PAKISTAN -1.40%, TAIWAN -1.33%, POLAND -1.20%, PHILIPPINES -1.12%, CHINA -1.03%,

    News

    Best 10 Market Since the begining of the week


    GREECE 4.37


  • Greek president to Germany: Don't let election affect stance on debt
  • Constantine Mitsotakis, former prime minister of Greece, dies aged 98
  • Greece not in recession after all: GDP revised up to 0.4% growth
  • Greece to shortlist contractors for Athens metro expansion by end ...
  • Academic Research on Modern Greece's Population Growth
  • Exports of medicines the second biggest category for Greece
  • Greek Jan-April central govt budget surplus beats target on lower ...
  • ECB's Coeure calls for clarity on Greece debt relief before QE ...

    BULGARIA 1.90


  • Bulgaria's President Welcomes Trun Residents on Refendum ...
  • 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
  • NSI: Bulgarian exports to third countries grow 22.1% YoY in first 4 ...
  • Bulgaria sees fiscal surplus rising to 1.7 pct of GDP at end-May
  • Bulgaria's Debt Grows by EUR 2.1238 in 2016

    HUNGARY 1.73


  • Hungarian steel association welcomes new president
  • EU migration showdown: divide deepens after Brussels launches ...
  • Hungarian economic growth likely to accelerate higher in 2017 ...
  • Hungary aims for bigger role in Belt and Road Initiative
  • Hungary reveals new ideas to increase birth numbers by 2030
  • New express facilities to handle record growth at Budapest Airport
  • UPDATE 1-Hungary's 2017 budget to target 2.4 pct/GDP deficit -PM ...
  • Energy analyst: New nuclear reactors will heavily increase ...

    NORWAY 1.50


  • Norway or no way? Can Efta fix it for Brexit Britain?
  • Norway's prime minister says Russia 'has become more unpredictable'
  • Norway emerges from downturn as growth seen at pre-crisis levels
  • PPA signed for Mozambique's first solar power plant
  • Population growth slows down
  • A future after oil and gas? Norway's fossil-free energy startups
  • No tax, utility increase in Norway budget
  • Energy sector putting strain on Norwegian economy
    Econ events
    momenteventForecastConsensus
    2017-06-16Unemployment Rate APRNOK 10.5B

    SLOVENIA 1.42


  • Slovenian president to pay official visit to Lithuania
  • Ratas: Estonia, Slovenia allies in development of digital technology
  • Slovenian central bank sees strong economic growth in Q2
  • Lower EU funds could be felt by CEE, due to Brexit, but pain could ...
  • Slovenian Ambassador Defends EU as 'Huge Achievement' During ...
  • Investment, exports and Melania factor boost Slovenian growth
  • Certified registers bring in additional EUR 81m in first year
  • JanÅ¡a says rail upgrade project overblown

    KENYA 1.36


  • I will accept defeat if I lose, President Uhuru assures
  • Britain's May apologises to own MPs for election 'mess'
  • Digital gender gap hurting Kenya's economic growth
  • NASA's blueprint for Western – revive farming, invest in fi nance
  • Population growth piles pressure on food demand
  • EAC wants Kenya exports to Europe protected
  • Kenya: Gaming Tax Defeat Sets Back Kenya Budget Plan
  • Shahbal defends Kenya's over-borrowing, says Sh4 trillion debt ...

    CROATIA 1.33


  • Donald Trump Accepts Croatian President's Invitation to Attend ...
  • Groysman holding meeting with Croatian Prime Minister
  • World Bank lifts Croatia 2017 GDP growth fcast to 2.9%
  • Croatia wants to reduce public debt to 75 pct of GDP by end of 2019
  • Addressing Croatia's Population Problem: The New Ministry of Balls
  • Croatia's Exports Jump by 27% in January
  • Croatian lawmakers approve 2017 budget, deficit set at 1.6 pct/GDP
  • Croatia wants to reduce public debt to 75 pct of GDP by end of 2019

    CHILE 1.24


  • Q&A: Chile's Michele Bachelet on Where the Country Goes Now
  • The Prime Minister goes to Chile
  • The Cautionary Tale of Chilean Tax Reform
  • Copper Won't Lead Chile's Investment Recovery
  • Americas' Poor Turn South as Trump Looks to Block the Road North
  • FxWirePro: CLP underperformance upside down - Deploy USD/CLP ...
  • Chile Puts Its Reputation Above Stimulus in 2017 Budget
  • Anti-Torture Law Helps Pay Off Chile's Debt to Human Rights
    Econ events
    momenteventForecastConsensus
    2017-06-16Import Prices YoY MAY0.025

    DENMARK 1.08


  • Nygaard back as National Olympic Committee and Sports ...
  • Poland, Denmark Prime Ministers Sign Memo on Baltic Pipe ...
  • Danish Growth Saved in First Quarter by Inventory Build-Up
  • Africa Energy Forum 2017
  • Denmark's pig production – modern, efficient, changing
  • Danish pigs heading for Colombia as sustainable coffee goes in the ...
  • How self-service technology is enhancing the guest experience
  • Inside Denmark's Debt Problems, Central Bank Challenges

    BOSNIA AND HERZEGOVINA 0.96


  • Chairman of the Presidency of Bosnia and Herzegovina Visits Bulgaria
  • Bosnia's Segregated Schooling Entrenches Wartime Divisions
  • Chairman of the Presidency of Bosnia and Herzegovina Visits Bulgaria
  • Sarajevo Rises in Popularity with Middle East Property Buyers
  • Hijab-wearing women react to Bosnia court ban

    Worst 10 Market Since Begining of the Week


    UKRAINE -6.25


  • Ukraine's president celebrates first day of visa-free travel to EU
  • Ukraine Prime Minister condemns Russian aggression during Israel ...
  • World Bank improves forecast for Ukraine's economic growth in 2018
  • 4th Kyiv Post CEO Dinner guests discuss Ukraine's investment, image
  • Nolan Peterson: Why Is Ukraine's Population Shrinking?
  • PM Groysman: Ukraine's exports to EU grew by 24.5% over Q1 2017
  • Ukraine Reform Monitor: April 2017
  • Moscow hopes London High Court will deliver judgement on ...

    EGYPT -2.70


  • Lawyer Calls Egyptian President a 'Traitor' Over Islands
  • Israel said to be in talks with Egypt, EU in bid to head off Gaza ...
  • Egyptian economy on right track, positive signs of economic ...
  • 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

    QATAR -1.85


  • Turkish president says Qatar isolation violates Islamic values
  • Iraqi Prime Minister Says He Opposes Gulf's Isolation of Qatar
  • Qatar market tumbles after Gulf states cut ties, as UK services sector ...
  • Credit rating actions to hurt Qatar companies, likely drag down ...
  • 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

    BRAZIL -1.80


  • Brazil's president Michel Temer under siege
  • Balance of Power: Brazil's Earthquake
  • New Brazil Scandal Shatters Hopes of Stronger Rebound-Economists
  • JPMorgan Brazil Investment Trust PLC (JPB.L) Moves -0.63%
  • Almost Three Quarters of Brazil's Population Lives in Its Shrinking ...
  • Brazil exports more limes to EU
  • Brazil's Finance Minister Resists Political Pressure for More Pork
  • As Brazil Debt Risk Rises, Petrobras Issues Bonds
    Econ events
    momenteventForecastConsensus
    2017-06-13Retail Sales MoM APR-0.027
    2017-06-13IBC-BR Economic Activity APR0.006
    2017-06-13NFIB Business Optimism Index MAY0.0025

    ARGENTINA -1.58


  • Argentina Security Forces Search Macri's Presidential Mansion
  • Messi-less Argentina ease past Singapore
  • Can President Macri's Economic Reforms Help Argentina's Revival?
  • 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 ...
  • Argentina settles with more holdout creditors -mediator
    Econ events
    momenteventForecastConsensus
    2017-06-14Fed Press Conference0.078
    2017-06-14Wednesday June 14 20170.2625

    PAKISTAN -1.40


  • President congratulates Pakistan cricket team
  • Pakistan's Prime Minister to Appear Before Panama Papers Joint ...
  • WB acknowledges Pak economic growth, development and stability
  • PM touts Pakistan's investment prospects to Hong Kong forum
  • Pakistan's population 'anywhere between 210M to 220M'
  • Efforts to operationalise EXIM Bank expedited
  • Pakistan budget aims to increase revenues
  • New loans: Pakistan debt servicing cost balloons to Rs15tr

    TAIWAN -1.33


  • Taiwanese President Sends Defiant Message to China After ...
  • Taiwan: How China is stealing the island's diplomatic allies
  • Appetite for iPhone parts spurs Taiwan economic growth
  • Have Taiwan's Identity Politics Outgrown the One China Myth?
  • Kun Shan Wants Belizeans in Taiwan to Study
  • Taiwan exports grow for 8th straight month in May
  • Taiwan seeks advanced arms, announces military budget to counter ...
  • Moody's Downgrades China And HK, As Debt Continues To Rise ...

    POLAND -1.20


  • Regional summit moved to Warsaw as Trump visit planned: Polish ...
  • EU migration showdown: divide deepens after Brussels launches ...
  • Poland produces polished GDP growth
  • Poland's investment declines at fastest pace in 6 years
  • Resilient: A rock-solid mall strategy
  • HSBC: Rapid growth forecast for Polish service exports
  • Sweden Says EU Aid Should Depend on Acceptance of Refugees
  • Polish state bank BGK places 1.2 bln zlotys in bonds
    Econ events
    momenteventForecastConsensus
    2017-06-13Balance of Trade APRˆ591M
    2017-06-13Current Account Q1ˆ275M
    2017-06-14Balance of Trade MAR0.061
    2017-06-14Industrial Production MoM APR-0.006

    PHILIPPINES -1.12


  • Philippines' President Rodrigo Duterte 'not aware' of US forces ...
  • Statement by the Prime Minister on Philippine Independence Day
  • Philippines GDP growth slows in Q1
  • Philippines central bank bolsters finance sector against hacking ...
  • Santos Knight Frank on real-estate forecast
  • Philippines' exports rise for 5th month, electronics rally seen intact
  • SHOW ME THE MONEY | 'Most ambitious' PH infra program ever ...
  • Philippines' debt-to-GDP ratio to go down to 35%
    Econ events
    momenteventForecastConsensus
    2017-06-13NAB Business Confidence MAY5.8

    CHINA -1.03


  • Sky Views: China's consequence free crackdown
  • Taiwan: How China is stealing the island's diplomatic allies
  • China's Economic-Growth Revamp May Be Working
  • China May factory output, retail sales steady but investment cools
  • China Focus: Beijing acts on population growth
  • China exports, imports surprise with growth rebound in May
  • 中国5月财政收入增速创年内最低前五月债务付息支出同比增近四成 ...
  • China's debt situation: The next possible financial crisis?
    Econ events
    momenteventForecastConsensus
    2017-06-13Total Social Financing MAY
    2017-06-13Outstanding Loan Growth YoY MAYCNY 1340B
    2017-06-13FDI (YTD) YoY MAY
    2017-06-13New Yuan Loans MAY
    2017-06-13Inflation Rate YoY MAYCNY 920B
    2017-06-14Industrial Production YoY MAY0.106
    2017-06-14Fixed Asset Investment (YTD) YoY MAY0.063
    2017-06-14Westpac Consumer Confidence Index JUN0.086

    Companies Reported Yesterday Include:
    CompanyCountrySectorReported
    Yingli Green Energy Holding Co LtdCHINAInformation Technology6/13/2017

    Our Recent Research Reports

  • 2017-06-13 ML Weekly
  • 2017-06-12 ML Fixed Income Weekly
  • 2017-06-11 ML Fund Atlas Weekly Fund Flows
  • 2017-06-09 ML Morning Meeting
  • 2017-06-09 ML Commodities Weekly

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