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Tactical Stance


Still under pressure from various vectors trading wars, currency wars, brexit money and etc.

Strategic Stance


Weaker dollar is the moto for long term gains


Tockenising Midlincoln Crafts

This section contains links to materials about Midlincoln Rural Crafts Initiatives

Midlincoln is testing rural co-working model as its core business. Half of the co-working space is dedicated to investment analytics service and half of the space is industrial, creative environment with machines and tools which can be used in product development and small scale production.

Investing into Midlincoln Craft fund tokens is a comprehensive investment into all of the portfolio companies and funds. But each of the mentioned companies and funds are also accessible for investment directly also via tokens. Each of the portfolio company or a fund can be considered as a standalone franchise and Stoken could provide security token investment for qualified investors in any of them.

Midlincoln Research
Financials

Investment Research

View Midlincoln Research One Pager

Mount Maple
Souvenirs
Cons. Cyclicals

Consumer Cyclicals

View the souvenir producer one pager

Midlincoln
Craft Fund

Midlincoln Craft Fund

View Midlincoln Craft Fund Description

TamaraAvia
Automotive

Engineering

View intro for this automotive producer

Wrestling, Healthcare and
Entertainment

ITI RTS ETF Report

Read about wrestling craft business

Village Telecoms
and Media

Telecoms

Coming up and not ready yet

Small Scale
Energy

Energy

Coming up and not ready yet

Small Scale
Materials

Materials

Coming up and not ready yet

Verical Agri
and Food Production

Consumer Staples

Coming up and not ready yet

Heating, Water, Electrics
Installation and Repair

Utilities

Coming up and not ready yet

Home Electronics
Repair

technology

Coming up and not ready yet

Markets last Month From Best to Worst
Click On the Country Link to Go to Country Monthly Page

*Not All the Countries Have Associated Country Pages
nameMonthChange
BAHRAIN8.77
UNITED ARAB EMIRATES8.02
SRI LANKA6.27
KAZAKHSTAN5.90
BELGIUM5.87
LITHUANIA5.28
KUWAIT5.09
TURKEY4.64
JAMAICA4.63
NEW ZEALAND4.60
ROMANIA4.32
MOROCCO3.91
VIETNAM2.45
BRAZIL1.68
ISRAEL1.38
BOSNIA AND HERZEGOVINA1.17
USA0.65
PAKISTAN0.59
OMAN0.51
INDONESIA0.38
NETHERLANDS0.12
CROATIA-0.16
QATAR DOMESTIC-0.25
QATAR-0.25
GREECE-0.26
SWITZERLAND-0.32
PHILIPPINES-0.34
CANADA-0.48
HUNGARY-0.58
SERBIA-0.66
TAIWAN-0.78
TUNISIA-0.83
TRINIDAD AND TOBAGO-1.01
JORDAN-1.03
ITALY-1.09
PORTUGAL-1.18
JAPAN-1.37
FM AFRICA-1.38
FINLAND-1.50
KENYA-1.52
AUSTRIA-1.60
ARGENTINA-1.64
CHINA-1.76
CZECH REPUBLIC-1.91
COLOMBIA-1.95
EGYPT-1.99
ZIMBABWE-2.04
BULGARIA-2.08
UNITED KINGDOM-2.19
ESTONIA-2.30
SAUDI ARABIA DOMESTIC-2.35
FRANCE-2.39
IRELAND-2.54
UKRAINE-2.61
MALAYSIA-2.70
SINGAPORE-2.80
MAURITIUS-3.13
THAILAND-3.43
HONG KONG-3.45
RUSSIA-3.51
DENMARK-3.59
SOUTH AFRICA-3.69
LEBANON-3.71
GERMANY-3.78
NORWAY-4.40
SLOVENIA-4.51
SPAIN-4.58
CHILE-4.99
BANGLADESH-5.04
SWEDEN-5.26
POLAND-5.39
MEXICO-5.57
KOREA-5.90
PERU-6.08
INDIA-6.10
NIGERIA-9.02
BOTSWANA-10.39

Markets YTD From Best to Worst
Click On the Country Link to Go to Country Monthly Page

nameYTD Change
BAHRAIN40.21
GREECE28.72
JAMAICA28.00
KUWAIT27.27
ARGENTINA25.54
RUSSIA25.41
NEW ZEALAND24.49
KAZAKHSTAN24.09
BELGIUM22.81
ROMANIA21.98
EGYPT20.67
USA19.29
SWITZERLAND19.23
NETHERLANDS19.18
CANADA18.65
BRAZIL16.93
COLOMBIA16.72
KENYA15.58
ZIMBABWE14.49
LITHUANIA13.98
IRELAND13.32
ITALY12.82
FRANCE12.79
THAILAND12.53
SAUDI ARABIA DOMESTIC12.38
VIETNAM12.37
PHILIPPINES12.26
HONG KONG10.82
TAIWAN10.57
CHINA10.50
DENMARK10.15
UNITED ARAB EMIRATES10.01
SINGAPORE9.54
PORTUGAL8.17
GERMANY7.82
UNITED KINGDOM7.77
TURKEY7.66
CROATIA7.42
ISRAEL6.91
INDONESIA6.88
SOUTH AFRICA6.78
JAPAN6.69
AUSTRIA4.94
SWEDEN4.77
FINLAND4.44
NORWAY3.62
SPAIN3.44
MOROCCO2.28
SLOVENIA1.68
INDIA0.89
MEXICO0.73
CZECH REPUBLIC0.24
TUNISIA0.22
PERU0.15
HUNGARY-0.74
BOSNIA AND HERZEGOVINA-1.56
BANGLADESH-2.07
JORDAN-2.12
SRI LANKA-2.32
MAURITIUS-2.33
MALAYSIA-2.38
FM AFRICA-2.51
TRINIDAD AND TOBAGO-2.56
KOREA-3.08
ESTONIA-3.29
POLAND-3.33
UKRAINE-3.54
QATAR DOMESTIC-4.99
QATAR-5.43
OMAN-7.38
CHILE-8.31
SERBIA-9.19
BULGARIA-10.72
LEBANON-16.38
PAKISTAN-18.59
NIGERIA-22.23
BOTSWANA-29.21

Best 15 Market Last 12 Months

CountryChangePct
ZIMBABWE85.74
JAMAICA67.97
BAHRAIN28.58
KUWAIT26.93
BRAZIL23.55
NEW ZEALAND18.24
INDONESIA16.07
KAZAKHSTAN15.09
RUSSIA15.07
PHILIPPINES10.69
SWITZERLAND9.25
ROMANIA8.20
HUNGARY7.26
SAUDI ARABIA DOMESTIC5.96
USA5.93

Worst 15 Market Last 12 Months

CountryChangePct
AUSTRALIA-0.20
NETHERLANDS-0.42
SLOVENIA-1.36
MOROCCO-1.47
ARGENTINA-1.60
BANGLADESH-1.89
CANADA-2.09
TAIWAN-3.87
TURKEY-3.91
DENMARK-4.24
LITHUANIA-4.83
TRINIDAD AND TOBAGO-5.16
FRANCE-5.24
INDIA-5.28
ESTONIA-5.51

Country USD Yields and YTD Changes

countryYieldYieldChange
Jamaica14.105.91
Israel6.780.75
Lebanon11.840.67
Zambia12.520.19
Venezuela0.000.00
Argentina9.89-0.13
Kazakhstan6.94-0.21
United States6.03-0.84
Oman5.53-0.97
Trinidad and Tobago4.37-1.29
Luxembourg7.71-1.38
Philippines2.98-1.40
Mexico4.94-1.43
Korea (South)3.01-1.43
Malaysia3.13-1.47
Uruguay3.49-1.48
Poland2.38-1.48
Angola7.56-1.50
United Arab Emirates3.80-1.50
Canada5.12-1.54
Romania3.44-1.55
Kuwait3.05-1.56
Morocco3.55-1.57
Peru3.72-1.58
Panama3.79-1.59
Dominican Republic4.84-1.59
Cote D'Ivoire (Ivory Coast)6.56-1.59
Guatemala4.12-1.59
Senegal6.62-1.60
Qatar3.00-1.60
Jordan5.86-1.62
Thailand3.00-1.63
Saudi Arabia4.35-1.66
Hong Kong3.56-1.66
Serbia2.85-1.67
Indonesia3.76-1.70
Hungary2.76-1.71
South Africa4.96-1.71
Singapore3.52-1.71
Chile3.86-1.74
Turkey7.14-1.74
Vietnam3.03-1.74
Croatia (Hrvatska)2.65-1.75
Netherlands4.37-1.76
Colombia3.90-1.78
Costa Rica6.12-1.81
Brazil4.31-1.86
India4.92-1.87
United Kingdom4.26-1.88
El Salvador6.41-1.90
Bahrain5.10-1.93
Germany5.04-1.93
Ghana7.15-2.01
Azerbaijan3.75-2.02
Nigeria6.63-2.07
Russian Federation4.23-2.09
Egypt6.04-2.09
Ireland4.44-2.15
France5.67-2.29
Australia4.03-2.33
Macau4.57-2.35
Kenya6.70-2.39
Pakistan5.86-2.40
Sri Lanka6.34-2.51
China4.94-2.61
Ecuador8.00-2.71
Italy4.25-3.38
Ukraine6.46-3.71

Fund flows YTD

FocusObjectiveAsset ClassFlow USD mn
SizeLARGE-CAPEquity41761.28
segmentEMERGING MARKETSEquity11000.75
industryHEALTH CARE SECTOREquity8470.65
industryUTILITIES SECTOREquity5220.82
CommoditiesPRECIOUS METALSCommodity4880.77
CommoditiesPRECIOUS METALSMixed Allocation3937.25
SizeMID-CAPEquity3686.66
SizeSMALL-CAPEquity2151.51
RiskGOVERNMENT BONDFixed Income2114.35
regionASIAN PACIFIC REGIONFixed Income1743.59
regionASIAN PACIFIC REGION EX JAPANFixed Income1438.10
countryUNITED KINGDOMEquity1310.90
regionEUROPEAN REGIONMixed Allocation1209.23
countryJAPANFixed Income927.81
SectorCONSUMER STAPLESEquity615.55
CommoditiesPRECIOUS METAL SECTOREquity614.95
industryCOMMUNICATIONS SECTOREquity573.55
regionASIAN PACIFIC REGION EX JAPANMixed Allocation542.53
countryKOREAEquity483.44
industryENERGY SECTOREquity426.05
countryAUSTRALIAFixed Income417.51
industryREAL ESTATE SECTOREquity257.46
countryBRAZILEquity163.16
segmentGCCMixed Allocation80.94
regionEASTERN EUROPEAN REGIONFixed Income72.74
segmentGCCFixed Income42.78
countryPOLANDEquity38.83
regionNORTH AMERICAN REGIONFixed Income35.66
RiskGOVERNMENT BONDMixed Allocation23.18
RiskGOVERNMENT BONDAlternative22.04
segmentMENAFixed Income15.12
SizeMID-CAPCommodity6.38
countryISRAELEquity3.25
countrySOUTH AFRICAEquity0.53
SectorAGRICULTUREEquity0.00
RiskGOVERNMENT BONDEquity-0.18
industryENERGY SECTORMixed Allocation-0.73
industryMULTIPLE SECTOREquity-1.40
countryAUSTRALIAMixed Allocation-1.97
RiskLONG SHORTMixed Allocation-2.08
regionEASTERN EUROPEAN REGIONMixed Allocation-2.97
CountryEGYPTEquity-5.89
segmentEMEAFixed Income-14.72
regionMIDDLE EAST REGIONFixed Income-24.31
segmentGCCEquity-28.52
countryJAPANMixed Allocation-29.77
RiskINFLATION PROTECTEDBrazil-34.69
segmentMENAEquity-37.54
CommoditiesINDUSTRIAL METALSCommodity-52.46
segmentBRICFixed Income-58.69
segmentEMEAEquity-62.29
countryINDIAFixed Income-72.32
countryRUSSIAFixed Income-76.01
segmentBRICEquity-99.14
countryCHINAFixed Income-103.57
SectorCONSUMER DISCRETIONARYEquity-131.90
industryINDUSTRIAL SECTOREquity-144.37
regionAFRICAN REGIONEquity-147.49
regionMIDDLE EAST REGIONEquity-171.84
regionLATIN AMERICAN REGIONEquity-188.15
countryTURKEYEquity-218.12
SectorAGRICULTURECommodity-238.21
RiskLONG SHORTFixed Income-248.61
countryAUSTRALIAEquity-286.69
regionEASTERN EUROPEAN REGIONEquity-307.49
countryBRAZILFixed Income-414.52
countrySPAINEquity-518.29
regionLATIN AMERICAN REGIONFixed Income-572.97
CountryTAIWANEquity-866.69
regionNORTH AMERICAN REGIONEquity-1140.04
countryINDIAEquity-1212.77
countryRUSSIAEquity-1613.97
industryBASIC MATERIALS SECTOREquity-1847.59
industryFINANCIAL SECTOREquity-1889.91
industryNATURAL RESOURCES SECTOREquity-2094.71
regionNORDIC REGIONEquity-2241.27
industryTECHNOLOGY SECTOREquity-2329.00
RiskLONG SHORTEquity-2650.62
RiskLONG SHORTAlternative-3395.41
regionASIAN PACIFIC REGION EX JAPANEquity-3519.46
segmentDEVELOPED MARKETSEquity-3555.07
regionASIAN PACIFIC REGIONEquity-3698.82
regionASIAN PACIFIC REGIONMixed Allocation-3701.86
RiskINFLATION PROTECTEDFixed Income-3981.66
countryCHINAEquity-4024.76
regionEUROPEAN REGIONFixed Income-5582.81
countryJAPANEquity-10117.08
regionEUROPEAN REGIONEquity-19286.48

Commodities Monthly Performance

NameUnitsLastPriceCurrencyMonthChange USDpct
Silver/British Pound SpotGBP/t oz.14.80GBP22.52
Silver/Euro SpotEUR/t oz.16.39EUR21.95
NickelUSD/MT15900USD21.51
Silver (Comex)USD/t oz.18.26USD20.45
Silver SpotUSD/t oz.18.17USD19.93
Silver/Japanese Yen SpotJPY/t oz.1922.38JPY17.09
Silver (Tokyo)JPY/g61.60JPY16.67
Gold/Indian Rupee SpotINR/t oz.109929.50INR14.00
Gold/British Pound SpotGBP/t oz.1250.92GBP11.28
Gold/Euro SpotEUR/t oz.1385.48EUR10.76
Gold (Comex)USD/t oz.1545.20USD9.57
Gold SpotUSD/t oz.1535.64USD8.97
Gold (Tokyo)JPY/g5211.00JPY6.46
Gold/Japanese Yen SpotJPY/t oz.162531.56JPY6.42
Platinum SpotUSD/t oz.869.34USD5.25
Lumber (CME)USD/1000 board feet368.20USD3.49
Canola (ICE)CAD/MT446.20CAD0.18
Orange Juice (ICE)USd/lb.1.0225USD-0.29
Soybean Oil (CBOT)USd/lb.0.2836USD-0.49
SteelUSD/MT448USD-3.45
3Mo Aluminum (LME)USD/MT1761.00USD-3.67
Rough Rice (CBOT)USD/cwt11.45USD-3.78
3Mo Copper (LME)USD/MT5683.00USD-4.57
Palladium SpotUSD/t oz.1479.97USD-5.01
Oats (CBOT)USd/bu.2.6475USD-5.02
Copper (Comex)USd/lb.2.5575USD-5.03
Cocking CoalCNY/MT1298CNY-5.53
Gasoil (Nymex)USD/MT561.00USD-5.63
3Mo Zinc (LME)USD/MT2275.00USD-6.30
Soybean (CBOT)USd/bu.8.59USD-6.32
Soybean Meal (CBOT)USD/T.296.70USD-6.87
Feeder Cattle (CME)USd/lb.1.325USD-7.10
Rubber (Tokyo)JPY/kg162.20JPY-7.58
Heating Oil (Nymex)USd/gal.1.8275USD-7.94
Cotton #2 (ICE)USd/lb.0.5818USD-8.10
WTI Crude Oil (Nymex)USD/bbl.55.49USD-8.36
Wheat (CBOT)USd/bu.4.76USD-8.59
Live Cattle (CME)USd/lb.0.9978USD-8.74
Natural Gas (Nymex)USD/MMBtu2.19USD-9.13
Coffee 'C' (ICE)USd/lb.0.9715USD-9.16
Sugar #11 (ICE)USd/lb.0.1124USD-9.21
Kerosene (Tokyo)JPY/kl54440.00JPY-9.57
Cocoa (ICE)USD/MT2247.00USD-9.80
ECX Emissions (ICE)EUR/MT25.41USD-10.18
Brent Crude (ICE)USD/bbl.59.94USD-10.42
Lean Hogs (CME)USd/lb.0.6323USD-11.69
Crude Oil (Tokyo)JPY/kl36510.00JPY-13.48
3Mo Tin (LME)USD/MT15750.00USD-14.15
Ethanol (CBOT)USD/gal.1.32USD-14.84
RBOB Gasoline (Nymex)USd/gal.1.662USD-16.83
Corn (CBOT)USd/bu.3.6625USD-18.20

Commodities YTD Performance

NameUnitsLastPriceCurrencyYTDChange USDpct
NickelUSD/MT15900USD44.35
RBOB Gasoline (Nymex)USd/gal.1.662USD33.01
WTI Crude Oil (Nymex)USD/bbl.55.49USD29.92
Silver/British Pound SpotGBP/t oz.14.80GBP26.60
Silver/Euro SpotEUR/t oz.16.39EUR26.56
Gold/British Pound SpotGBP/t oz.1250.92GBP24.80
Gold/Euro SpotEUR/t oz.1385.48EUR24.09
Gold/Indian Rupee SpotINR/t oz.109929.50INR23.37
Silver (Comex)USD/t oz.18.26USD22.39
Silver SpotUSD/t oz.18.17USD22.36
Gold (Comex)USD/t oz.1545.20USD21.10
Gold SpotUSD/t oz.1535.64USD20.60
Brent Crude (ICE)USD/bbl.59.94USD19.35
Palladium SpotUSD/t oz.1479.97USD17.93
Silver (Tokyo)JPY/g61.60JPY17.56
Silver/Japanese Yen SpotJPY/t oz.1922.38JPY17.14
Gold/Japanese Yen SpotJPY/t oz.162531.56JPY15.53
Gold (Tokyo)JPY/g5211.00JPY15.49
Gasoil (Nymex)USD/MT561.00USD15.20
Heating Oil (Nymex)USd/gal.1.8275USD10.40
Platinum SpotUSD/t oz.869.34USD9.56
Kerosene (Tokyo)JPY/kl54440.00JPY9.43
Rough Rice (CBOT)USD/cwt11.45USD9.05
Lumber (CME)USD/1000 board feet368.20USD8.81
Crude Oil (Tokyo)JPY/kl36510.00JPY7.92
Lean Hogs (CME)USd/lb.0.6323USD4.86
Ethanol (CBOT)USD/gal.1.32USD3.94
Soybean Oil (CBOT)USd/lb.0.2836USD1.18
ECX Emissions (ICE)EUR/MT25.41USD0.91
Cocoa (ICE)USD/MT2247.00USD-2.94
Corn (CBOT)USd/bu.3.6625USD-3.04
Rubber (Tokyo)JPY/kg162.20JPY-3.39
Copper (Comex)USd/lb.2.5575USD-3.64
SteelUSD/MT448USD-3.66
Oats (CBOT)USd/bu.2.6475USD-3.99
Soybean (CBOT)USd/bu.8.59USD-4.24
3Mo Copper (LME)USD/MT5683.00USD-4.58
Soybean Meal (CBOT)USD/T.296.70USD-4.84
Coffee 'C' (ICE)USd/lb.0.9715USD-4.94
3Mo Aluminum (LME)USD/MT1761.00USD-6.97
Cocking CoalCNY/MT1298CNY-7.35
Canola (ICE)CAD/MT446.20CAD-7.71
Wheat (CBOT)USd/bu.4.76USD-7.84
3Mo Zinc (LME)USD/MT2275.00USD-8.04
Feeder Cattle (CME)USd/lb.1.325USD-8.97
Sugar #11 (ICE)USd/lb.0.1124USD-9.35
3Mo Tin (LME)USD/MT15750.00USD-18.71
Live Cattle (CME)USd/lb.0.9978USD-18.73
Cotton #2 (ICE)USd/lb.0.5818USD-19.81
Orange Juice (ICE)USd/lb.1.0225USD-20.09
Natural Gas (Nymex)USD/MMBtu2.19USD-38.48
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Strategy

Chart: Midlincoln Strategy - Countries First

Source: ML

Download All Slides in Power Point

Key Topics and News

Analysts growth forecasts are rarely negative but when is the crash
Brexit and the pound how long is to short
Hong Kong, Russia protests similarities and difference and market impact
Study of Trump tweets impact markets or not
Impact of Fed rates decisions on valuations

Recent Strategy Chart Art

Midlincoln Strategy - Countries First

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Strategy , Emerging Markets Catching Up

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Key Equity Performance Summary

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Performance Summary By Country

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Tactical and Strategic Stance Explained

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Russia was the best market YTD Botswana is the worst

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Argentina the best Equity Market in June Pakistan is the worst in June

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Emerging Markets Outlook

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US Market Outlook

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Average Sovereign GEM Yields (USD)

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Average Sov. Dev. Markets Yields (blended currency)

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Average UST Yield

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Average Sovereign Local Currency Yields (USD)

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Choose A Country

ARGENTINA: Wall Street traders pump up Argentine peso as currency controls hit ...


AUSTRALIA: Australia shares flat as fresh trade tariffs take effect


AUSTRIA: ECB Buying Equities for Stimulus Isn't Option, Nowotny Says


BAHRAIN: MIDEAST STOCKS-Saudi stocks slide as funds turn bearish


BELGIUM: Investors Are Taking a Closer Look at Fluxys Belgium SA (ENXTBR ...


BRAZIL: Brazil's Pension Overhaul Hasn't Yet Boosted the Stock Market


BRITAIN: UK shares advance while pound takes a hit amid Brexit turmoil


CANADA: Here comes the worst month for Canadian stocks after wild August


CHILE: Validea Warren Buffett Strategy Daily Upgrade Report - 9/4/2019


CHINA: China stocks soar on Beijing's vow to prop up its economy as ...


COLOMBIA: EMERGING MARKETS-Argentine peso rises on capital controls ...


CZECH: Czech Republic - Factors To Watch on Aug 14


DENMARK: Huge Returns Raise Risk Alarm at $230 Billion Danish Funds


EGYPT: Egypt's First IPO of the Year Rockets 31% in Market Debut


FINLAND: ECB Buying Equities for Stimulus Isn't Option, Nowotny Says


FRANCE: France's Edge Over Germany Carries a China Risk


GERMANY: Stocks are mixed after Germany confirms its economy shrank last ...


GREECE: Greek Stocks Poised for Best Performance in 20 Years


HONG KONG: China's investors are piling into Hong Kong shares via Stock ...


HUNGARY: US stocks end higher as China comments spur trade war optimism


INDIA: Equities need some love in gold infatuated India


INDONESIA: Nickel stocks surge; PH shares down


IRELAND: Will Uniphar be Ireland's only IPO this year as volatility returns?


ISRAEL: Edited Transcript of BEZQ.TA earnings conference call or ...


ITALY: Italy - Factors to watch on Sept. 4


JAPAN: Japan Stocks Hit Maximum Pessimism With Abenomics Buying ...


KAZAKHSTAN: Ex-Credit Suisse MD Joins Saxo UK Board


LEBANON: Saudi foreign equity inflows top China, India


MALAYSIA: August sees RM2.6b foreign outflow from Bursa Malaysia — MIDF ...


MEXICO: Mexican Stocks Pushed to the Brink as Trade Tiff Roils Markets


NETHERLANDS: Cboe readies Amsterdam hub despite Brexit uncertainty


NEW ZEALAND: NZ shares outperform Asia; Contact, Meridian in demand


NIGERIA: Nigeria: Equities Market Investments Up By N19 Billion


NORWAY: Norway's $1tn oil fund loads up on equities


OMAN: ENI (ETR:ENI) PT Set at €18.10 by Credit Suisse Group


PAKISTAN: Will bulls charge to Pakistan equities again?


PERU: EMERGING MARKETS-Argentine peso rises on capital controls ...


PHILIPPINES: Philippine equities may be a haven for investors, analysts say


POLAND: US and Poland sign 5G security agreement as part of effort to block ...


PORTUGAL: Bank of Portugal paper assesses unconventional policy


QATAR: Qatar shares extend gains to 3rd session to 10300 level


QATAR: Qatar shares extend gains to 3rd session to 10300 level


ROMANIA: Stock Market Roller Coaster Reveals an Unlikely European Haven


RUSSIA: Russia stocks likely to falter this year, rebound in 2020: Reuters poll


SINGAPORE: Dark Days May Soon Be Over for Singapore Stocks


SOUTH AFRICA: Bonds, equities lose their lustre


SOUTH KOREA: South Korea Becomes World's Worst Major Equity Market in '19


SPAIN: Madrid-based Soto Solar raises €100M funding: Here's how it aims ...


SWEDEN: Sweden's AP2 logs 10.7% return in 2019's first half


SWITZERLAND: Swiss Stock Exchange Weighs Buying EU-Based Bourse


TAIWAN: Stocks Mixed After Weak US Data; Aussie Climbs: Markets Wrap


THAILAND: SE Asia Stocks-Thailand leads gains; Singapore advances on ...


TURKEY: US Stock Futures Drop as Trade-Talk Doubts Swirl: Markets Wrap


UAE: Dubai's Biggest Bank Joins Rivals to Draw Foreign Investors


UKRAINE: Ex-Credit Suisse MD Joins Saxo UK Board


UNITED STATES: News Analysis: Trade uncertainties, weak manufacturing data drag ...


VIETNAM: Trade War Has Vietnamese Companies Raising Capital With Bonds ...


Comment

Monthly performance is between 2019-07-31 and 2019-07-01

Best global markets YTD USA +19.29%, EUROPE +10.95%, FM (FRONTIER MARKETS) +10.92%,

While worst global markets YTD EFM ASIA 6.34%, EM (EMERGING MARKETS) 7.35%, EM LATIN AMERICA 10.82%,

Best global markets last month FM (FRONTIER MARKETS) +2.19%, USA +0.65%, EM LATIN AMERICA-0.81%,

While worst global markets last month EFM ASIA -2.84%, EM (EMERGING MARKETS) -2.54%, EUROPE -2.17%,
  • US Stock Futures Drop as Trade-Talk Doubts Swirl: Markets Wrap
  • JP Morgan: The stock market 'will advance into year-end'
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  • Future Returns: There's Still Opportunity in Emerging Market Stocks
  • Dow ends lower after new China tariffs kick in and manufacturing ...
  • China stocks climb on upbeat services sector survey, sharp HK gains
  • European equities surge higher to start the day
  • European Equities: Service Sector PMIs and Geopolitics in Focus
  • Oil Plunges As Trade War Rages
  • OPEC Not Only Produced More Oil In August, But Shipped More Too
  • Chinese Steel Slowdown Slams Iron-Ore Prices
  • Fitch Solutions lowers 2019 global steel price forecast to $600 a tonne
  • Gold prices today fall sharply after hitting new high but silver rates rise
  • Gold Price Preview: September 3 - 6

    Best last month among various countries' equity markets were BAHRAIN +8.77%, UNITED ARAB EMIRATES +8.02%, SRI LANKA +6.27%, KAZAKHSTAN +5.90%, BELGIUM +5.87%, LITHUANIA +5.28%, KUWAIT +5.09%, TURKEY +4.64%, JAMAICA +4.63%, NEW ZEALAND +4.60%,

    While worst last month among various countries' equity markets were BOTSWANA -10.39%, NIGERIA -9.02%, INDIA -6.10%, PERU -6.08%, KOREA -5.90%, MEXICO -5.57%, POLAND -5.39%, SWEDEN -5.26%, BANGLADESH -5.04%, CHILE -4.99%,

    Best YTD among various country equities were BAHRAIN +40.21%, GREECE +28.72%, JAMAICA +28.00%, KUWAIT +27.27%, ARGENTINA +25.54%, RUSSIA +25.40%, NEW ZEALAND +24.49%, KAZAKHSTAN +24.09%, BELGIUM +22.81%, ROMANIA +21.98%,

    While worst YTD among various country equities were BOTSWANA -29.21%, NIGERIA -22.23%, LEBANON -16.38%, PAKISTAN -16.29%, BULGARIA -10.72%, SERBIA -9.19%, CHILE -8.31%, OMAN -7.38%, QATAR -5.43%, UKRAINE -3.54%,
    Chose Your Country



    News

    Best 10 Markets Last Month


    BAHRAIN 8.77%

  • macro strategy bonds quick news
  • Bahrain unsurprisingly supports Israeli aggression
  • Bahrain PM seeks closer ties with Manila
  • Bahrain CEOs upbeat about kingdom's growth prospects: Oxford ...
  • Bahrain CEOs upbeat about kingdom's growth prospects: Oxford ...
  • Population growth spurs GCC school construction projects
  • Saudi Arabia, Bahrain top Gulf foreign investment inflows
  • Bahrain misses key fiscal adjustment goals with 2019-2020 budget
  • US Banks Are Cashing In on Persian Gulf Debt

    UNITED ARAB EMIRATES 8.02%

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  • United Arab Emirates leader in call to action
  • Dubai ruler and Indian Prime Minister accused of violating ...
  • Dubai's GDP to pick up after 2018 slowdown
  • Dubai's Biggest Bank Joins Rivals to Draw Foreign Investors
  • 2019 Future Of United Arab Emirates Automobile Market – Trends ...
  • 2019 Future Of United Arab Emirates Automobile Market – Trends ...
  • OPEC increases its revenues by 32 percent
  • Tunisian tycoon calls for EU debt relief, harsher reforms from ...

    SRI LANKA 6.27%

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  • Sri Lanka President vows to form a government adhered to his ...
  • Prime Minister Ranil Wickremesinghe returns to Sri Lanka
  • Economic policies must address external sector risks facing the Sri ...
  • EU Suggests Sri Lanka To Grow With GSP+
  • AMCHAM Urges Sri Lankan Government approve Millenium ...
  • Economic policies must address external sector risks facing the Sri ...
  • Sri Lanka budget deficit widens up to June 2019, filled by foreign ...
  • Sri Lanka rupee opens weaker, gilt yields edged up

    KAZAKHSTAN 5.90%

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  • Kazakhstan President Moves To Allow Peaceful Protests
  • Kazakh government to prepare by Sept. 7 plan to implement state-of ...
  • Kazakhstan: Government approves Forecast of Socio-Economic ...
  • INTERVIEW: Talgat Lastayev, head of the civil aviation committee of ...
  • Which generation owns Kazakstan's future?
  • Kazakhstan should take bold steps to grow e-commerce, catch up ...
  • Kazakh GDP grows 4.2 percent January to July
  • Can Central Asia countries pay their external debts?

    BELGIUM 5.87%

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  • Belgian region bans Halal and Kosher slaughter of animals
  • PM call with Prime Minister Charles Michel of Belgium: 12 August ...
  • European Parcels Market Insight Report 2019
  • Belgium: Growing Popularity Of Belgian Private Equity Fund Vehicle ...
  • In the future, how an AI utopia would work
  • EU Couscous Market 2019 – France is the Undisputed Leader in ...
  • Belgium's budget deficit to hit nearly €12 billion by 2024
  • Focus on the UK political maneuvering within Parliament on Brexit ...

    LITHUANIA 5.28%

  • macro bonds quick news
  • Lithuanian president unsatisfied with education system improvement
  • Lithuanian Prime Minister Diagnosed With Cancer, To Continue ...
  • Shadow economy in Lithuania shrunk by 10 pct over decade, says ...
  • Lithuanian retail sales ease growth rate to 4.8% y/y in July
  • Lithuania must raise basic pension to reduce poverty, minister says
  • Lithuania's modest house price rises
  • ICIS Power Horizon Scenario: 3.5GW of offshore wind in Lithuania ...
  • Lithuanian human chain links anti-Soviet and Hong Kong protesters

    KUWAIT 5.09%

  • macro strategy bonds quick news
  • Egyptian president concludes Kuwait visit
  • PM wishes to boost exports to Kuwait
  • Dubai economic slump to persist to 2022: S&P
  • Kuwait Investment Authority said to tweak sovereign fund for bonds ...
  • Kuwait mulls new quota system for expat communities – report
  • Non-oil Kuwaiti exports to world during 2018 was KD 207.7 mln ...
  • Kuwait - 'Budget crisis worsening due to failure in collecting debts'
  • Kuwait generated $24bn worth of debt issuances over last 10 years

    TURKEY 4.64%

  • macro strategy bonds quick news
  • Political storm brewing between Turkey's president and Istanbul ...
  • The AKP stepped up for expulsion of former prime minister
  • Turkey's Post-Recession Bounce Unlikely to Meet Erdogan's Target
  • Turkey's economy grows faster than predicted in second quarter
  • Turkey's per capita income on rapid decline - columnist
  • Turkey's exports to Iran up
  • Turkey's budget posts $12.3B deficit in January-July
  • Turkey cuts back borrowing programme after central bank windfall ...

    JAMAICA 4.63%

  • macro bonds quick news
  • PHOTOS: Minister Vaz Unveiling Activities for Engineers' Week 2019
  • Former Jamaica deputy prime minister dies
  • Briefing | Jamaican economy on paper versus reality
  • Briefing | Jamaican economy on paper versus reality
  • JAMPRO targeting Latin America for Jamaican exporters
  • JAMPRO targeting Latin America for Jamaican exporters
  • How Do America's Schools Compare To Jamaica's?
  • EPOC to continue domestic monitoring of Jamaica's Economic ...

    NEW ZEALAND 4.60%

  • macro strategy bonds quick news
  • Colin Munro, Scott Kuggeleijn hit form ahead of Sri Lanka T20Is
  • New Zealand scraps 'overly ambitious' plan to tackle housing crisis
  • Negative Rates Not Likely for New Zealand, Finance Minister Says
  • Tourism's great big shopping list of new attractions. Investors wanted.
  • NZ won't reach 5 million milestone this year
  • New Air NZ flight between Auckland and Invercargill to get exports ...
  • Vodafone NZ to spend twice as much on restructuring this year
  • Spark New Zealand (NZSE:SPK) Seems To Use Debt Quite Sensibly

    Worst 10 Market Last Month


    BOTSWANA -10.39%

  • macro bonds quick news
  • Botswana gears up for polls
  • VN, Botswana foreign ministers hold talks
  • AFDB finds red flags in Botswana's economic development
  • Red carpet for Botswana investors
  • Transforming African Conservation From Old Social Cause Into Next ...
  • Namibian ports should be gateway to regional markets - Iipumbu
  • Botswana Telecoms, Mobile and Broadband Market 2019 Upcoming ...
  • Study challenges accusations of China's 'debt trap' diplomacy

    NIGERIA -9.02%

  • macro strategy bonds quick news
  • 'Enough is enough', says Nigerian govt over violent attacks in South ...
  • UK Prime Minister, Boris Johnson loses majority in Parliament
  • Nigeria's economic growth slows for second quarter
  • Dissecting Nigeria's investment interest with Saudi Arabia, Qatar
  • Nigeria's GDP Data Raises the Stakes in Fight Against Poverty
  • International Development Secretary Alok Sharma visits Nigeria in ...
  • Nigeria: Low Oil Price Threatens Nigeria Budget, Revenue
  • Nigeria's debt pile a cause for concern

    INDIA -6.10%

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  • Indian president announces appointment of five new Governors
  • PM Modi pitches for Russian defence technology transfer to India for ...
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    PERU -6.08%

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  • Peru's president tries to bow out early
  • Peru and UK to start double taxation agreement talks
  • Peru projects average economy growth of 4.4% over the next four ...
  • Del Rey Avocado Reflects on Peru Investment
  • Peru: Population 31.2 Million, More or Less
  • Copper declines on weak China data, Peru's export resumption
  • Peru officials retool defeated budget items for second try
  • Peru's new finance minister sees growth quickening to 4 percent this ...

    KOREA -5.90%

  • macro strategy bonds quick news
  • South Korean President Enhances Bilateral Economic Ties with ...
  • Addressing wartime labor issue is a priority for Japan and South ...
  • South Korea inflation hits record low in August
  • South Korea tells state firms to boost spending as economy slows
  • Korea's Future Is Dying (Thanks to Demographics)
  • S. Korea's exports down 13.6% in Aug., accelerating fall amid ...
  • Trade disputes prompt record-high S.Korea budget
  • S. Korea's debt ratio to rise to 39 pct in 2020: minister

    MEXICO -5.57%

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  • Mexico's President Reveals Camera That He Says Spied on Him
  • US HOUSE SPEAKER PELOSI TELLS CANADIAN PRIME ...
  • Mexican economy registers zero growth in Q2
  • Investment Management Solution for Real Estate Market Growth ...
  • Facts on US Latinos, 2015
  • Mexico Exports Of Commercial Trucks To US Jumps 30 Percent In ...
  • López Obrador tries to calm markets with 'prudent' Mexico budget
  • The Meltzer Commission on the IFI at the US Congress in 2000

    POLAND -5.39%

  • macro strategy bonds quick news
  • Polish president balks at Donald Trump's plan to allow Russia back ...
  • Polish opposition picks PM candidate to take on Law and Justice
  • Polish economy will catch up with Germany's in 21 years, report shows
  • Delphi Technologies' Investment In New Poland Plant Reinforces Its ...
  • 2019 Future Of Poland Automobile Market – Trends, Outlook and ...
  • Poland exports the most lithium-ion batteries in EU
  • Polish government touts deficit cut ahead of election
  • Negative bond yields spill into Europe's emerging markets

    SWEDEN -5.26%

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  • A$AP Rocky is found guilty of assault in Sweden but gets to stay out ...
  • Swedish EU ambassador: 'I believe it is possible to avoid a no-deal ...
  • Australia's economic growth slowest since GFC at 1.4 per cent
  • Swedish buyout group EQT seeks to raise at least €500m in IPO
  • SAS' New Copenhagen To Los Angeles Route
  • Australia's economy has slowed to a decade low but the budget may ...
  • Sweden Touts 'Incredibly Strong' Jobs Market Before New Forecast
  • Sweden's Vanishing Debt Feeds Urgent Calls for a Spending Boom

    BANGLADESH -5.04%

  • macro bonds quick news
  • Bangladesh, Maldives for cooperation on sustainable harnessing of ...
  • Bangladesh records highest economic growth in last 10yrs
  • GDP growth tops 26 countries
  • First BIDA Executive Chairman Kazi Aminul Islam, who oversees ...
  • Bangladesh Rice Market-Growth, Trends and Forecast (2019-2024)
  • Bangladesh records highest economic growth in last 10yrs
  • Revenue gap opens up on VAT, corporate tax
  • Bangladesh sees lowest debt-GDP ratio in world

    CHILE -4.99%

  • macro strategy bonds quick news
  • Chile to invest 5 bln USD to revamp railways: president
  • Chile wants to expand India trade ties, says Rodrigo Yanez ...
  • Chile Cuts Benchmark Rate to 9-Year Low as Economy Weakens
  • Astronomy, mining key for Chile's digital revolution
  • Vietnam is a market of interest for Chilean fruit exporters
  • Chile wants to expand India trade ties, says Rodrigo Yanez ...
  • Budget Restraints That Work: Lessons from Chile, Switzerland, the ...
  • Banks ready credit for Codelco desal project

    Top 10 Longs Based on Momentum

    tickernamecountrysectorPeriodChange
    PDDPINDUODUO ADR REPRESENTING INCChinaConsumer Discretionary65.17
    1177SINO BIOPHARMACEUTICAL LTDChinaHealth Care32.70
    867CHINA MEDICAL SYSTEM HOLDINGS LTDChinaHealth Care31.24
    2382SUNNY OPTICAL TECHNOLOGY LTDChinaInformation Technology31.13
    968XINYI SOLAR HOLDINGS LTDChinaInformation Technology30.92
    XPOXPO LOGISTICS INCUnited StatesIndustrials29.71
    2020ANTA SPORTS PRODUCTS LTDChinaConsumer Discretionary27.37
    028300HLB INCKorea (South)Consumer Discretionary27.21
    7832BANDAI NAMCO HOLDINGS INCJapanConsumer Discretionary25.94
    2359WUXI APPTEC LTD HChinaHealth Care25.89

    Top 10 Shorts Based on Momentum

    tickernamecountrysectorPeriodChange
    MGLU3MAGAZINE LUIZA SABrazilConsumer Discretionary-87.01
    215600SILLAJEN INCKorea (South)Health Care-77.14
    BRPTBARITO PACIFICIndonesiaMaterials-75.00
    GGALGRUPO FINANCIERO GALICIA ADR REPTGArgentinaFinancials-71.47
    BMABANCO MACRO ADR REPRESENTING TEN SArgentinaFinancials-68.73
    BBARBBVA BANCO FRANCES ADR REPTG SAArgentinaFinancials-65.21
    PAMPAMPA ENERGIA ADR REPSG SAArgentinaUtilities-63.32
    IDEAVODAFONE IDEA LTDIndiaCommunication-57.98
    YPFYPF SOCIEDAD ANONIMA ADR EACH REPRArgentinaEnergy-53.60
    TGSTRANSPORTADORA DE GAS DEL SUR ADRArgentinaEnergy-51.33

    Z-rankings Methodology - Top Global Long Picks

    TickerCompanySectorPE RATIO
    2016
    PE RATIO
    2017
    PE RATIO
    2018
    EV/EBITDA
    2016
    EV/EBITDA
    2017
    EV/EBITDA
    2018
    P/S
    2016
    P/S
    2017
    P/S
    2018
    P/B
    2016
    P/B
    2017
    P/B
    2018
    DIVIDEND YIELD
    2016
    DIVIDEND YIELD
    2017
    DIVIDEND YIELD
    2018
    GROSS MARGIN
    2016
    GROSS MARGIN
    2017
    GROSS MARGIN
    2018
    ROA
    2016
    ROA
    2017
    SNC CN zranksSNC-Lavalin Group IncIndustrials27.228.7181.118.715.20.01.00.81.02.21.92.21.81.92.114.29.35.62.63.3
    AIR FP zranksAirbus SEIndustrials48.727.221.312.610.87.10.71.01.131.16.06.72.21.82.07.911.613.80.92.2
    SWMA SS zranksSwedish Match ABConsumer Staples10.617.116.98.913.013.43.54.75.00.00.00.02.92.93.046.562.962.734.023.7
    HCLT IN zranksHCL Technologies LtdInformation Technology14.515.615.011.111.510.22.62.52.73.83.73.52.71.20.90.00.035.020.118.6
    NWL US zranksNewell Brands IncConsumer Discretionary16.839.75.321.424.60.01.41.01.61.91.11.51.72.95.033.234.234.92.68.2
    CHTR US zranksCharter Communications IncConsumer Discretionary15.097.844.714.710.28.82.11.52.11.92.11.80.00.00.052.452.251.93.76.7
    CCK US zranksCrown Holdings IncMaterials13.713.39.59.510.19.20.90.50.920.112.66.00.00.00.017.616.615.25.13.2
    DIGI MK zranksDiGi.Com BhdTelecommunication Services23.026.822.713.314.512.45.75.46.372.376.452.04.33.74.475.176.176.332.126.1
    LPPF IJ zranksMatahari Department Store Tbk PTConsumer Discretionary21.915.314.915.110.37.84.51.62.923.812.58.83.24.66.062.862.562.346.237.1
    AAL US zranksAmerican Airlines Group IncIndustrials8.19.97.15.84.96.60.60.30.66.30.00.00.90.81.30.00.00.05.42.5

    Z-rankings Methodology Top Short Picks

    TickerCompanySectorPE RATIO
    2016
    PE RATIO
    2017
    PE RATIO
    2018
    EV/EBITDA
    2016
    EV/EBITDA
    2017
    EV/EBITDA
    2018
    P/S
    2016
    P/S
    2017
    P/S
    2018
    P/B
    2016
    P/B
    2017
    P/B
    2018
    DIVIDEND YIELD
    2016
    DIVIDEND YIELD
    2017
    DIVIDEND YIELD
    2018
    GROSS MARGIN
    2016
    GROSS MARGIN
    2017
    GROSS MARGIN
    2018
    ROA
    2016
    ROA
    2017
    RMH SJ zranksRMB Holdings LtdFinancials10.610.512.10.00.00.00.00.00.02.12.02.35.25.64.60.00.00.019.919.7
    INCY US zranksIncyte CorpHealth Care164.60.072.092.30.065.917.07.212.645.112.37.00.00.00.094.794.895.07.9-15.9
    EOG US zranksEOG Resources IncEnergy0.098.015.727.415.77.07.43.05.54.23.82.60.70.60.924.047.860.8-3.98.7
    NPN SJ zranksNaspers LtdConsumer Discretionary392.563.026.90.00.00.012.230.335.35.84.13.60.60.50.641.436.936.112.139.6
    QRVO US zranksQorvo IncInformation Technology465.997.732.611.511.410.02.92.93.01.81.92.00.00.00.037.438.638.7-0.3-0.6
    ITSA4 BZ zranksItausa - Investimentos Itau SAFinancials7.510.910.7221.1152.286.613.118.817.91.31.71.86.17.41.922.326.125.414.413.2
    NFLX US zranksNetflix IncConsumer Discretionary287.9143.899.9125.595.473.16.07.47.119.923.222.30.00.00.029.131.336.91.63.4
    CREE US zranksCree IncInformation Technology0.00.00.013.215.30.01.53.21.71.01.12.30.00.00.030.129.527.3-0.8-3.6
    VET CN zranksVermilion Energy IncEnergy0.093.622.916.210.96.27.32.95.44.23.61.64.65.79.470.772.271.1-3.91.5
    IOI MK zranksIOI Corp BhdConsumer Staples43.441.923.216.419.518.92.33.93.93.83.83.10.82.14.520.426.423.53.74.2

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