05 June 2017 Local Market This Past Week All Bond vs All Share (re

05 June 2017 Local Market This Past Week All Bond vs All Share (re

05 June 2017
Local Market
SA Repo
CPI (Inflation)
PPI
FRA (3-6)
R 159
R 186
7.00%
5.30%
4.60%
7.24%
7.33%
8.44%
Brent Crude
Gold
$49.95 p/b
$1 274.95
This Past Week
All Bond vs All Share (re-based to 100)
Rand/USD & Rand/Euro
101
101
100
100
99
99
98
98
97
97
15.0
14.5
14.0
13.5
13.0
12.5
12.0
26May
27May
28May
29May
30May
31May
01Jun
All Share
11.5
02Jun
26May
27May
28May
29May
30May
31May
01Jun
Rand/US$
All Bond
02Jun
Rand/Euro
Past Five Years
All Bond vs All Share (re-based to 100)
Rand/USD & Rand/Euro
200
190
180
170
160
150
140
130
120
110
100
90
80
May-12
18.0
14.0
10.0
May-13
May-14
May-15
May-16
May-17
6.0
May-12
May-13
May-14
May-15
May-16
Rand/US$
May-17
Rand/Euro
Closing Index
Week End
1 week
YTD
1 YR
3 YR (Ann.)
Ranking
1 week
Ranking
YTD
Ranking 1 YR
Ranking 3 YR
All Share
52889.70
-2.01%
5.76%
0.52%
5.17%
8
3
8
7
Financials
40727.07
-1.89%
0.94%
1.03%
8.02%
7
6
7
4
Industrials
80872.21
-1.37%
-1.34%
12.76%
3.33%
5
7
2
9
Resources
17092.86
-2.47%
-4.37%
-1.58%
-14.41%
10
9
10
10
Top40
46522.53
-2.09%
7.32%
-0.54%
4.35%
9
1
9
8
MidCap
72749.19
-1.73%
-4.66%
1.87%
8.03%
6
10
6
3
SmallCap
60072.39
-0.84%
-1.37%
3.50%
7.55%
4
8
4
5
Property
629.11
-0.29%
2.34%
2.74%
14.46%
3
5
5
1
ALBI
565.72
0.37%
6.02%
14.69%
8.15%
1
2
1
2
Cash
367.43
0.10%
3.12%
7.70%
6.88%
2
4
3
6
Indices
International Market
US I-Rate
EUR I-Rate
UK I-Rate
Japan I-Rate
UK CPI
US CPI
EMU CPI
US 10-yr
German 10-yr
1.00%
0.00%
0.25%
-0.10%
2.70%
2.20%
1.90%
2.15%
0.28%
This Past Week
MSCI World vs MSCI EM (rebased to 100)
MSCI World vs Barclays Global Agg Index
102
102
101
101
101
100
100
100
99
99
99
98
98
98
26-May
29-May
30-May
31-May
01-Jun
MSCI World
26-May
02-Jun
29-May
30-May
31-May
MSCI World
MSCI EM
01-Jun
02-Jun
Barclays Global Agg
Past Five Years
MSCI World vs MSCI EM (rebased to 100)
MSCI World vs JP Morgan Global (rebased to 100)
160
170
150
140
130
110
120
90
100
70
50
May-12
May-13
May-14
May-15
May-16
MSCI EM
May-17
80
May-12
May-13
May-14
MSCI World
May-15
May-16
MSCI World
May-17
JPM Global
Closing Index
Week End
1 week
YTD
1 YR
3 YR (Ann.)
Currency
1 week
YTD
1 YR
MSCI World
1935.21
1.20%
10.51%
15.46%
4.11%
Rand/US$
-0.61%
-6.64%
-18.66%
6.53%
S&P500
2439.07
0.96%
8.94%
16.20%
8.24%
Rand/GBP
0.43%
-1.85%
-28.18%
-2.54%
FTSE100
7547.63
0.00%
5.67%
20.36%
3.31%
Rand/EUR
0.46%
0.05%
-17.25%
0.10%
DAX
11795.70
1.83%
13.11%
24.70%
9.85%
GBP/US$
-0.64%
-4.28%
13.42%
30.00%
Nikkei
20177.28
2.49%
2.98%
19.85%
11.31%
EUR/US$
-0.89%
-6.75%
-1.51%
20.81%
MSCI EM
1015.08
-0.19%
17.72%
25.58%
-0.41%
JPN/US$
-0.81%
5.85%
0.17%
2.76%
Korea
2371.72
0.70%
17.04%
20.44%
5.94%
WON/US$
0.70%
17.04%
20.44%
5.94%
Aus
5821.10
0.50%
1.78%
6.42%
2.07%
AUS/US$
0.07%
-3.27%
-3.46%
7.73%
Brazil
62510.69
-2.46%
3.79%
27.44%
6.85%
Real/US$
-0.34%
-0.19%
-10.13%
13.15%
India
31273.29
0.79%
17.59%
17.33%
8.90%
Rup/US$
-0.15%
-5.21%
-3.90%
2.86%
Indices
3 YR (Ann.)
-neg. sign appreciation of foreign currency relative to US$
Local View
SA posted a trade surplus of R5.1 billion in April 2017 compared to a downwardly revised R11.3 billion surplus in March and slightly below market expectations of R5.5 billion. The
seasonally adjusted ABSA Manufacturing PMI for SA rose to 51.5 in May 2017 from 44.7 in the previous month. The unemployment rate in SA increased to 27.7% in the first quarter from
26.5% in the previous period. SA's new vehicle sales fell 2.6% y/y to 41,783 units in May 2017.
International View
The price index for consumer spending in the US rose 0.2% m/m in April, following a 0.2% decline in the previous period as cost of services grew 0.3%. The Federal Reserve Bank of
Dallas' general business activity index for manufacturing in Texas rose to 17.2 in May from 16.8 in April and above market expectations of 15.4. Private businesses in the US hired 253
000 workers in May compared to a downwardly revised 174 000 in April and was much higher than the market expectation of 185 000. The number of Americans filing for unemployment
benefits increased by 13 000 to 248 000 in the week ended 27 May from the previous week's revised level of 235 000 and way above market expectations of 239 000. Continuing Jobless
Claims in the United States decreased to 1915 000 in the week ending 20 May 2017 from 1923 000 in the previous week. The Institute for Supply Management’s Manufacturing PMI in
the US edged up to 54.9 in May from 54.8 in April, beating expectations of 54.5. Consumer confidence in the UK rose to -5 in May 2017 from -7 in April, beating market expectations of -8.
German consumer prices are expected to increase by 1.5% y/y in May 2017, easing from a 2% rise in the previous month and missing market consensus of a 1.6% gain. German
seasonally adjusted harmonised jobless rate came in at 3.9% in April 2017, unchanged from the previous month's reading and below 4.2% a year earlier. The unemployment rate in
Japan stood at 2.8% in April 2017, the same as in the previous two months. Household Spending in Japan decreased 1.40% in April 2017 over the same month of the previous year. The
official NBS Manufacturing PMI in China stood at 51.2 in May 2017, the same as in April but above market consensus of 51. While new orders were steady and output rose at a slower
pace, new export orders grew for the seventh straight month amid strengthening business confidence. The Caixin Manufacturing PMI in China unexpectedly fell to 49.6 in May 2017 from
50.3 in April and missing market consensus of 50.1.Consumer confidence in Japan was up to 43.6 in May 2017 from 43.2 in April, as perception improved for most components: overall
livelihood (up 0.7 points from the prior month to 42.2), income growth (up 0.6 points to 42.0) and employment (up 0.1 points to 47.8). SA releases: Standard Bank PMI, GDP Growth
Rate YoY, Foreign Exchange Reserves, Mining Production YoY, Gold Production YoY, Manufacturing production YoY, US releases: ISM Non-Manufacturing PM, EIA Crude
Oil Stocks Change, Initial Jobless Claims, UK releases: Parliamentary Elections, Balance of Trade, Euro releases: GDP Growth Rate YoY (EA), ECB Interest Rate Decision,
ECB Press Conference, Asia releases: Balance of Trade (CN), Inflation Rate YoY (CN).
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