Opening Bell 17.02.2017

Your world at 9am

world equity market heatmap

Equities

Major
DAX(DEU) -0.31%
CAC(FRA) -0.52%
UKX(GBR) -0.34%
NKY(JPN) -0.57%
SPX(USA) -0.09%
MINTs
JCI(IDN) -0.52%
INMEX(MEX) +0.21%
NGSEINDX(NGA) -0.30%
XU030(TUR) +0.40%
BRICS
IBOV(BRA) -0.24%
SHCOMP(CHN) -0.27%
NIFTY(IND) +0.61%
INDEXCF(RUS) +0.53%
TOP40(ZAF) +0.16%

Commodities

Energy
Brent Crude Oil +0.20%
Ethanol +0.00%
Heating Oil -0.04%
RBOB Gasoline -0.30%
Natural Gas -0.04%
WTI Crude Oil +0.19%
Metals
Platinum -0.02%
Copper +0.00%
Palladium -0.38%
Gold 100oz +0.00%
Silver 5000oz +0.00%

Currencies

USDEUR:-0.01% USDJPY:+0.08%

MINTs
USDIDR(IDN) +0.10%
USDMXN(MEX) +0.15%
USDNGN(NGA) -0.12%
USDTRY(TUR) +0.07%
BRICS
USDBRL(BRA) +1.06%
USDCNY(CHN) +0.19%
USDINR(IND) +0.10%
USDRUB(RUS) -0.10%
USDZAR(ZAF) -0.17%
Agricultural
Coffee (Arabica) +0.00%
Lean Hogs +0.00%
Soybean Meal -0.32%
Cattle +0.00%
Cocoa +0.00%
Feeder Cattle +0.00%
Orange Juice +0.00%
Soybeans -0.41%
Cotton -0.24%
White Sugar +0.00%
Coffee (Robusta) +0.00%
Corn -0.60%
Lumber +0.00%
Sugar #11 +0.00%
Wheat -1.12%

Out of 42 world ETFs listed in NYSE that we track, 28 are trading above their 10-day SMA and 39 are trading above their 50-day SMA.

Must Reads

Asia’s exports rebound
IT IS easy to be downcast about the state of global trade. It has faced stiff headwinds in recent years: in 2016, for the first time in 15 years, it grew more slowly than the world economy. Regional and global trade deals are going nowhere, slowly.

Monetary policy strategy for 2017
India now has an inflation targeting central bank and a monetary policy committee. The first three monetary policy committee meetings have taken place. The first meeting cut the de jure policy rate, and the next two meetings chose to hold.

Check out our Global Macro Dashboard for currency, commodity, bonds and credit charts.

Good luck!

If you enjoyed this post, please consider registering to get a weekly digest of our articles.
Get in touch with Shyam for advice on mutual funds. You can either WhatsApp him or call him at 080-2665-0232. He is an AMFI registered IFA who can advice you on Franklin, Blackrock, IDBI, Mirae, HDFC, ICICI Pru, UTI, Sundaram, Reliance, Religare, Peerless, Tata and Birla Sun Life funds.