The EconomistJuly 21 st 2018 Economic and financial indicators 73Other markets
% change on
Dec 29th 2 017
Index one in local in $
Jul 18th week currency terms
United States (S&P 500) 28 1 5.6 +1.5 +5.3 +5.3
United States (NAScomp) 7 854.4 +1.8 +13.8 +13.8
China (Shenzhen Comp) 1 588. 1 +2.2 -16.4 -18.9
Japan (Topix) 1 7 51 .2 +2.9 -3.7 -3.8
Europe (FTSEurofirst 300) 1 5 1 6.0 +1.6 -0.9 -3.9
World dev'd (MSCI) 2 1 42.2 +1.2 +1.8 +1.8
Emerging markets (MSCI) 1 068.8 +0.4 -7.7 -7.7
World all (MSCI) 51 6.5 +1. 1 +0.7 +0.7
World bonds (Citigroup) 938.2 -0.5 -1.3 -1.3
EMBI+ (JPMorgan) 799.8 +0.6 -4.3 -4.3
Hedge funds (HFRX) 1 2 71 .3§ nil -0.3 -0.3
Volatility US (VIX) 1 2. 1 +13.6 +1 1 .0 (levels)
CDSs Eur (iTRAXX)â 6 4. 1 -5.9 +42.0 +3 7 .7
CDSs N Am (CDâ X) 60.7 -2.6 +23.6 +23.6
Carbon trading (EU ETS) ⬠1 6.4 +2.0 +102.0 +95.8
Sources: IHS Markit; Thomson Reuters. *Total return index.
â Credit-default-swap spreads basis points.§Jul 17th.The Economistcommodity-price index
2005=1 00
% change on
one one
Jul 10th Jul 17th* month year
Dollar Index
All Items 14 4.9 1 42.2 -4.7 -1.5
Food 1 45.8 1 43.9 -2.7 -8. 1
Industrials
All 1 43.9 1 40.5 -6.7 +6.7
Nfaâ 141 .4 1 39.9 -1.3 +6.4
Metals 1 45.0 1 40.8 -8.8 +6.8
Sterling Index
All items 1 98.6 1 96.6 -4.6 -2.5
Euro Index
All items 1 53.7 151 .4 -5.6 -2.3
Gold
$ per oz 1 254.5 1 22 7 .7 -3.6 -1. 1
West Texas Intermediate
$ per barrel 7 4. 1 68. 1 +4.6 +46.7
Sources: Bloomberg; CME Group; Cotlook; Darmenn & Curl; FT; ICCO;
ICO; ISO; Live Rice Index; LME; NZ Wool Services; Thompson Lloyd &
Ewâ art; Thomson Reuters; Urner Barry; WSJ. *Provisional
Non-food agriculturals.Markets
% change on
Dec 29th 2 017
Index one in local in $
Jul 18th week currency terms
United States (DJIA) 25 1 99.3 +2.0 +1.9 +1.9
China (Shanghai Comp) 27 87 .3 +0.3 -15.7 -18.3
Japan (Nikkei 225) 22794.2 +3.9 +0. 1 nil
Britain (FTSE 100) 7 6 7 6.3 +1. 1 -0. 1 -3.7
Canada (S&P TSX) 1 64 77 .4 +0.4 +1.7 -3.7
Euro area (FTSE Euro 100) 1 2 1 4.7 +2.0 +0.4 -2.6
Euro area (EURO STOXX 50)3485. 1 +1.8 -0.5 -3.6
Austria (ATX) 33 11 .9 +1.8 -3.2 -6. 1
Belgium (Bel 20) 3820.4 +1. 1 -4.0 -6.9
France (CAC 40) 54 47 .4 +1.7 +2.5 -0.6
Germany (DAX) 1 2765.9 +2.8 -1.2 -4.2
Greece (Athex Comp) 77 3.8 +3.6 -3.6 -6.5
Italy (FTSE/MIB) 21 9 7 2.2 +1.2 +0.5 -2.5
Netherlands (AEX) 568.2 +2.7 +4.3 +1.2
Spain (IBEX 35) 9753.2 +0.2 -2.9 -5.8
Czech Republic (PX) 1 08 7 .4 -0. 1 +0.9 -3.4
Denmark (OMXCB) 922.2 +1.9 -0.5 -3.7
Hungary (BUX) 34720.3 -1.0 -1 1 .8 -18.2
Norway (OSEAX) 990.8 -2.7 +9.2 +9.3
Poland (WIG) 564 41 .0 -0.2 -1 1 .5 -16.9
Russia (RTS $ terms) 1 14 4.7 -3.5 -0.8 -0.8
Sweden (OMXS30) 1 570.4 +2.9 -0.4 -8.0
Switzerland (SMI) 8938. 1 +2.9 -4.7 -7. 1
Turkey (BIST) 9232 1 .9 +1. 1 -20.0 -36.9
Australia (All Ord.) 6329. 1 +0.5 +2.6 -2.7
Hong Kong (Hang Seng) 28 117 .4 -0.7 -6.0 -6.4
India (BSE) 363 7 3.4 +0.3 +6.8 -0.7
Indonesia (JSX) 5890.7 nil -7.3 -12.7
Malaysia (KLSE) 1 753. 1 +3.8 -2.4 -2.7
Pakistan (KSE) 4089 7 .9 +3.3 +1. 1 -12.9
Singapore (STI) 3240.5 -0.3 -4.8 -6.8
South Korea (KOSPI) 2290. 1 +0.4 -7.2 -12.3
Taiwan (TWI) 1 0842.5 +1.6 +1.9 -0.8
Thailand (SET) 1 635.9 nil -6.7 -8.9
Argentina (MERV) 27 0 4 4.5 -0.7 -10.0 -38.9
Brazil (BVSP) 77 362.6 +4.0 +1.3 -12.7
Chile (IGPA) 27 1 65.3 +1.3 -2.9 -9. 1
Colombia (IGBC) 1 22 71 .0 -0.3 +6.9 +10.6
Mexico (IPC) 49002.8 nil -0.7 +2.3
Peru (S&P/BVL) 20032.4 +1.6 +0.3 -0.8
Egypt (EGX 30) 1 55 7 8.7 -2.3 +3.7 +3.0
Israel (TA-125) 1 384.8 +0.6 +1.5 -3.2
Saudi Arabia (Tadawul) 8452.3 +0.8 +1 7 .0 +1 7 .0
South Africa (JSE AS) 5623 7 .2 -1.7 -5.5 -1 1 .8
Indicators for more countries and additional
series go to: Economist.com/indicatorsTurkeyâs economySource: OECD *Forecast% increase on a year earlierCurrent-account deficit as % of GDP0246810122010 11 12 13 14 15 16 17 1 8* 1 9*GDPConsumer prices108642(^0) â
2010 11 12 13 14 15 16 17 1 8 1 9
The Turkish economy has boomed in
recent years but the outlook for the
future is uncertain according to the
OECD a rich-country think-tank. Turkey
was among the worldâs fastest-growing
economies in 2017. This was largely due to
a surge in government stimulus after an
attempted coup in 2016. The current-
account deficit is substantial making the
economy vulnerable to external shocks. A
credit boom along with the plummeting
lira and rising oil prices have helped
push inflation into double digits despite
interest-rate rises this year. Add in a
likely reduction in stimulus and it is no
surprise that the OECDexpects growth to
slow this year and next.