The Economist

The EconomistAugust 4th 2018 Economic and financial indicators 73

Other markets

% change on

Dec 29th 2017

Index one in local in $

Aug 1st week currency terms

United States (S&P 500) 2813.4 -1.1 +5.2 +5.2

United States (NAScomp) 7707.3 -2.8 +11.6 +11.6

China (Shenzhen Comp) 1549.3 -4.6 -18.4 -22.2

Japan (Topix) 1769.8 +0.9 -2.6 -2.0

Europe (FTSEurofirst 300) 1526.8 +0.7 -0.2 -2.7

World dev'd (MSCI) 2149.4 -0.6 +2.2 +2.2

Emerging markets (MSCI) 1086.9 -0.2 -6.2 -6.2

World all (MSCI) 519.0 -0.5 +1.2 +1.2

World bonds (Citigroup) 933.2 -0.7 -1.8 -1.8

EMBI+ (JPMorgan) 796.9 -0.3 -4.7 -4.7

Hedge funds (HFRX) 1262.9§ -0.3 -1.0 -1.0

Volatility US (VIX) 13.2 +12.3 +11.0 (levels)

CDSs Eur (iTRAXX)† 61.6 -1.9 +36.6 +33.1

CDSs N Am (CDX)† 58.6 -1.4 +19.3 +19.3

Carbon trading (EU ETS) € 17.8 +2.9 +118.7 +113.1

Sources: IHS Markit; Thomson Reuters. *Total return index.

†Credit-default-swap spreads basis points.§Jul 31st.

The Economist commodity-price index

2005=100

% change on

one one

Jul 24th Jul 31st* month year

Dollar Index

All Items 142.3 144.3 -1.1 nil

Food 144.9 148.4 +2.2 -3.4

Industrials

All 139.6 140.0 -4.6 +4.1

Nfa† 137.2 137.3 -2.4 +6.2

Metals 140.6 141.2 -5.5 +3.3

Sterling Index

All items 196.8 200.1 -0.7 +0.9

Euro Index

All items 151.2 153.3 -1.6 +1.0

Gold

$ per oz 1227.7 1222.0 -2.6 -4.0

West Texas Intermediate

$ per barrel 68.5 68.8 -7.3 +39.9

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 $
Aug 1st week currency terms
United States (DJIA) 25333.8 -0.3 +2.5 +2.5
China (Shanghai Comp) 2824.5 -2.7 -14.6 -18.5
Japan (Nikkei 225) 22746.7 +0.6 -0.1 +0.6
Britain (FTSE 100) 7652.9 -0.1 -0.5 -3.5
Canada (S&P TSX) 16376.8 -0.3 +1.0 -2.8
Euro area (FTSE Euro 100) 1217.4 +0.9 +0.6 -1.9
Euro area (EURO STOXX 50) 3509.2 +1.2 +0.2 -2.4
Austria (ATX) 3426.2 +1.8 +0.2 -2.4
Belgium (Bel 20) 3894.6 +0.8 -2.1 -4.6
France (CAC 40) 5498.4 +1.3 +3.5 +0.8
Germany (DAX) 12737.1 +1.3 -1.4 -3.9
Greece (Athex Comp) 761.7 +1.2 -5.1 -7.5
Italy (FTSE/MIB) 21791.5 +1.1 -0.3 -2.8
Netherlands (AEX) 572.9 nil +5.2 +2.5
Spain (IBEX 35) 9799.3 +1.0 -2.4 -4.9
Czech Republic (PX) 1089.5 -0.1 +1.1 -1.7
Denmark (OMXCB) 936.1 -0.2 +1.0 -1.7
Hungary (BUX) 36207.7 +3.6 -8.0 -13.3
Norway (OSEAX) 1014.8 +1.2 +11.9 +12.3
Poland (WIG) 60226.4 +2.1 -5.5 -10.2
Russia (RTS $ terms) 1160.1 +1.6 +0.5 +0.5
Sweden (OMXS30) 1612.5 +1.2 +2.3 -4.7
Switzerland (SMI) 9174.3 +1.7 -2.2 -3.7
Turkey (BIST) 97210.6 +1.9 -15.7 -34.9
Australia (All Ord.) 6362.1 +0.3 +3.2 -1.8
Hong Kong (Hang Seng) 28340.7 -2.0 -5.3 -5.6
India (BSE) 37521.6 +1.8 +10.2 +2.5
Indonesia (IDX) 6033.4 +1.7 -5.1 -10.7
Malaysia (KLSE) 1788.3 +1.4 -0.5 -0.9
Pakistan (KSE) 42810.0 +3.6 +5.8 -5.8
Singapore (STI) 3329.0 +0.1 -2.2 -4.0
South Korea (KOSPI) 2307.1 +1.5 -6.5 -10.5
Taiwan (TWI) 11098.1 +1.2 +4.3 +1.4
Thailand (SET) 1722.0 +1.9 -1.8 -3.8
Argentina (MERV) 29387.8 +0.1 -2.3 -32.8
Brazil (BVSP) 79301.6 -1.1 +3.8 -8.3
Chile (IGPA) 27187.2 -0.9 -2.8 -6.6
Colombia (IGBC) 12224.0 +1.0 +6.5 +10.0
Mexico (IPC) 49449.4 -0.3 +0.2 +5.1
Peru (S&P/BVL) 20407.9 +0.3 +2.2 +1.1
Egypt (EGX 30) 15670.2 +3.2 +4.3 +3.7
Israel (TA-125) 1413.5 +0.8 +3.6 -2.1
Saudi Arabia (Tadawul) 8289.0 -1.3 +14.7 +14.7
South Africa (JSE AS) 57399.5 +1.8 -3.5 -8.8

Indicatorsfor more countries and additional

series go to: Economist.com/indicators

Manufacturing activity

Sources: IHS Markit;

Nikkei; Caixin; CIPS

*Based on a survey of

purchasing executives

Purchasing managers’ indices*

Compared with the previous month

2017 2018

48

50

46

52

54

56

58

60

62

Russia Britain

Euro area

United

States

South

Korea

Contracting

Expanding China

The latest purchasing managers’ indices

(PMI) painted a bleak picture. Despite

mild improvement on June’s 18-month

low the euro zone posted its second-

weakest expansion since November 2016

reflecting worries over tariffs. Russia’s

manufacturing sector contracted for the

third successive month on higher raw-

material costs and weakening foreign

demand. And Britain’s PMI dipped to a

three-month low of 54.0 largely because

of Brexit concerns and a sluggish econ-

omy. China too may be suffering from

trade tensions; its PMI slipped to just

50.8. Cost pressures also led America’s

PMI to slip though confidence remained

strong.