Econ_May_26_2018

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The Economist May 26th 2018 Economic and financial indicators 81
Other markets
% change on
Dec 29th 2017
Index one in local in $
May 23rd week currency terms
United States (S&P 500) 2,733.3 +0.4 +2.2 +2.2
United States (NAScomp) 7,426.0 +0.4 +7.6 +7.6
China (Shenzhen Comp) 1,834.7 +0.1 -3.4 -1.5
Japan (Topix) 1,797.3 -0.2 -1.1 +1.3
Europe (FTSEurofirst 300) 1,538.9 -0.3 +0.6 -1.9
World, dev'd (MSCI) 2,122.9 nil +0.9 +0.9
Emerging markets (MSCI) 1,133.1 -1.9 -2.2 -2.2
World, all (MSCI) 515.9 -0.2 +0.6 +0.6
World bonds (Citigroup) 937.5 -0.1 -1.3 -1.3
EMBI+ (JPMorgan) 794.0 +0.2 -5.0 -5.0
Hedge funds (HFRX) 1,276.0 § +0.1 nil nil
Volatility, US (VIX) 12.6 +13.4 +11.0 (levels)
CDSs, Eur (iTRAXX)† 61.5 +9.0 +36.3 +32.8
CDSs, N Am (CDX)† 61.9 +1.8 +26.1 +26.1
Carbon trading (EU ETS) € 16.0 +4.7 +97.0 +92.1
Sources: IHS Markit; Thomson Reuters. *Total return index.
†Credit-default-swap spreads, basis points. § May 22nd.
The Economist commodity-price index
2005=100
% change on
one one
May 15th May 22nd* month year
Dollar Index
All Items 156.0 157.2 +1.5 +9.8
Food 159.3 161.2 +2.4 +4.5
Industrials
All 152.5 153.1 +0.6 +16.3
Nfa† 144.2 147.6 +3.4 +8.6
Metals 156.0 155.5 -0.5 +19.7
Sterling Index
All items 210.2 213.1 +5.6 +6.2
Euro Index
All items 163.5 166.1 +5.3 +4.7
Gold
$ per oz 1,294.0 1,292.6 -2.7 +2.6
West Texas Intermediate
$ per barrel 71.3 72.2 +6.6 +40.3
Sources: Bloomberg; CME Group; Cotlook; Darmenn & Curl; FT; ICCO;
ICO; ISO; Live Rice Index; LME; NZ Wool Services; Thompson Lloyd &
Ewart; Thomson Reuters; Urner Barry; WSJ. *Provisional
† Non-food agriculturals.
Markets
% change on
Dec 29th 2017
Index one in local in $
May 23rd week currency terms
United States (DJIA) 24,886.8 +0.5 +0.7 +0.7
China (Shanghai Comp) 3,169.0 nil -4.2 -2.3
Japan (Nikkei 225) 22,689.7 -0.1 -0.3 +2.1
Britain (FTSE 100) 7,788.4 +0.7 +1.3 -0.1
Canada (S&P TSX) 16,133.8 +0.2 -0.5 -3.2
Euro area (FTSE Euro 100) 1,232.3 -0.6 +1.9 -0.7
Euro area (EURO STOXX 50) 3,541.8 -0.6 +1.1 -1.5
Austria (ATX) 3,481.8 -0.2 +1.8 -0.8
Belgium (Bel 20) 3,887.2 +0.8 -2.3 -4.8
France (CAC 40) 5,565.9 nil +4.8 +2.1
Germany (DAX)* 12,976.8 -0.1 +0.5 -2.1
Greece (Athex Comp) 784.9 -0.4 -2.2 -4.7
Italy (FTSE/MIB) 22,911.7 -3.5 +4.8 +2.2
Netherlands (AEX) 565.1 nil +3.8 +1.1
Spain (IBEX 35) 10,025.0 -0.9 -0.2 -2.7
Czech Republic (PX) 1,099.5 -0.6 +2.0 -1.8
Denmark (OMXCB) 915.4 -0.1 -1.3 -3.8
Hungary (BUX) 35,456.5 -5.6 -10.0 -14.8
Norway (OSEAX) 1,003.9 -0.5 +10.7 +11.6
Poland (WIG) 58,033.7 -2.9 -9.0 -14.2
Russia (RTS, $ terms) 1,174.7 -1.3 +1.8 +1.8
Sweden (OMXS30) 1,602.1 nil +1.6 -5.3
Switzerland (SMI) 8,794.9 -2.0 -6.3 -8.1
Turkey (BIST) 101,891.6 -0.3 -11.7 -31.3
Australia (All Ord.) 6,140.3 -1.1 -0.4 -3.5
Hong Kong (Hang Seng) 30,665.6 -1.4 +2.5 +2.1
India (BSE) 34,344.9 -2.9 +0.8 -5.9
Indonesia (JSX) 5,792.0 -0.8 -8.9 -13.0
Malaysia (KLSE) 1,804.3 -2.9 +0.4 +2.0
Pakistan (KSE) 42,772.3 +1.1 +5.7 +0.9
Singapore (STI) 3,496.3 -1.0 +2.7 +2.1
South Korea (KOSPI) 2,471.9 +0.5 +0.2 -0.7
Taiwan (TWI) 10,886.2 -0.1 +2.3 +1.6
Thailand (SET) 1,753.6 +0.2 nil +1.4
Argentina (MERV) 30,234.0 -4.5 +0.6 -22.7
Brazil (BVSP) 80,867.3 -6.6 +5.8 -3.8
Chile (IGPA) 28,401.0 -1.9 +1.5 -0.2
Colombia (IGBC) 12,055.3 -2.5 +5.0 +9.4
Mexico (IPC) 45,776.7 -1.4 -7.2 -8.4
Peru (S&P/BVL)* 20,907.0 -4.1 +4.7 +3.6
Egypt (EGX 30) 16,662.6 -1.9 +10.9 +10.1
Israel (TA-125) 1,359.2 +0.5 -0.4 -3.2
Saudi Arabia (Tadawul) 8,044.7 +1.1 +11.3 +11.3
South Africa (JSE AS) 57,043.4 -2.7 -4.1 -5.6
Indicator s for more countries and additional
series, go to:
Trade-weighted exchange rates
Source: Bank of England
January 2nd 2018=100
Jan Feb Mar Apr May
2018
96
98
100
102
104
106
Sterling
Euro
Yen
Dollar
A country’s trade-weighted exchange
rate is an average of its bilateral ex-
change rates, weighted by the amount of
trade with each of its partners. The dollar,
on a downward trajectory since the end of
2016, has risen recently. The greenback
has been boosted principally by rising
bond yields, which reflect a more positive
outlook for the American economy. The
Japanese yen, conventionally a safe-
haven currency, rose in the first quarter
of this year partly because of reduced
quantitative-easing purchases; the rally
has since eased. The pound has made up
ground from its lows after the Brexit
referendum. But weak inflation data are
putting it under renewed pressure.