Global market update!

[Valuegrowth]

http://www.bloomberg.com/news/articl...g-on-for-rally

A Bunch of Apple Insiders Sold Stock at Exactly the Wrong Time

Five executives cut stakes in August, most since at least 2004
Stock up 7 percent this month, partly helped by Samsung’s woe

[Valuegrowth]

http://www.cnbc.com/2016/09/22/reute...yen-rises.html

[Valuegrowth]

http://www.wsj.com/articles/dollar-edges-higher-on-gains-against-pound-yen-1474643255


Dollar Edges Higher on Gains Against Pound,Yen


https://www.poundsterlinglive.com/eu...o-eur-abn-amro

ABN Amro Upgrade British Pound + UK GDP Forecasts, Sterling Seen Ending Year Higher Against Euro and US Dollar

[Valuegrowth]

Ukraine Market

One year return

PFTS Index= negative (-22.32)
Ukrainian Equities Index=negative (-7.87)

One month return

PFTS Index= 8.78%
Ukrainian Equities Index=17.11%

After sometime, It has returned to some bullish territory.

Russian Market

One year return

MICEX INDEX= 22.70%
RUSSIAN RTS INDEX =26.93%

One month return

MICEX INDEX= 0.93%
RUSSIAN RTS INDEX =2.10%

May be it is time to look for new bullish markets. When compare with Russia, Ukraine should outperform Russia in 2017. Russian market has given some good returns in 2016. On the other hand Ukraine had underperformed other markets during first seven months of 2016.

Marketwinner

Would now be a good time to get some exposure to the Ukraine stockmarket

Seems to have rock bottom and only one way to go now .....up

[Mush]

Some big news yesterday, German Chancellor Merkel ruled out a Bailout package for Deutsche Bank which is looking incredibly sick with potential capital shortfalls even if the DOJ settlement is reduced to $5B. This could be disastrous for Germany, the Euro area and the global banking sector.

Points to note:
- DB is the most systemic bank in Europe
- This sent DB's shares to record lows (sub 11 Euros), along with the majority of other European banks

Attachment 8328

- DB's balance sheet is larger than the German GDP
- DB's derivative exposure is greater than the whole Euro area GDP

DB deriv.JPG
- Draghi "I'm not willing to comment on the DB situation"
- Pending DOJ settlement is around $15B, when DB's market cap is only around $18B Euros

This then poses the question:

DB vs Lehman.JPG


Regards,
Mush

[Valuegrowth]

https://www.ft.com/content/c882de4e-...c-6e7d9515ad15

Deutsche Bank denies seeking help from Berlin over

http://www.bbc.com/news/business-37469751

German economy expecting golden autumn, says Ifo head

http://www.stuff.co.nz/business/farm...omestic-prices

Bountiful overseas harvests put pressure on domestic prices

For some reasons some investors and analysts didn’t like the bailout move in the past.

http://harvardpolitics.com/arusa/the-bank-bailout-in-perspective/

The Bank Bailout in Perspective

http://www.forbes.com/sites/johntamny/2011/03/06/necessary-bank-bailouts-harm-the-economy-wreck-the-banks/#7558a88a19fe

"Necessary" Bank Bailouts Harm the Economy, Wreck the Banks

http://seekingalpha.com/article/188040-why-the-bank-bailouts-were-necessary

Why the Bank Bailouts Were Necessary

[Valuegrowth]

http://www.bloomberg.com/news/articl...housing-bubble

Hong Kong, Sydney Among Cities Most at Risk of Housing Bubble

[Valuegrowth]

Despite volatility in global stocks market there are some demands for some stocks particularly for food related stocks. Volatility has become new normal now. It is not abnormal any longer.

Commodity market

OPEC deal prevented from OIL tanking below $40. Still outlook for oil market is very fragile due to poor fundamentals. If above deal work without any problems oil can stay around $47to $50 in 2017.However USA shale producers and another giant oil producer Kazakhstan still will supply enough oil to the market. There will be competition for oil market in the coming decade among oil producers. Iran also will grab some markets for their oil. If oil stays firm around $50 without tanking below $35 many new oil producers also will get interest on their oil fields and will produce more oil.

http://www.reuters.com/article/us-op...-idUSKCN11Z1X0

Russia aims to keep oil output around current level after OPEC deal. In the mean time grain prices are trending down further.


Currency market

http://www.investing.com/news/forex-...s.-data-429537

Dollar holds steady vs. other majors ahead of U.S. data

http://www.cnbc.com/2016/09/29/yen-s...ent-sours.html

Euro hits two-month low vs Swiss franc on Deutsche Bank jitters

http://www.nasdaq.com/article/forex-...point-cm686911

Yen holds weakness as CPI, household spending disappoint

[Valuegrowth]

http://www.bloomberg.com/news/articl...eral-on-trades

Cryan Defends Deutsche Bank as Some Clients Pare Back Exposure

http://www.bloomberg.com/news/articl...nton-and-trump

[Valuegrowth]

http://www.dallasnews.com/business/s...nging-bull-yet

Investment quarterly: Multiple market worries aren't bringing the bull down yet


http://www.bloomberg.com/news/articl...-futures-mixed

Dollar Climbs on Fed Bets as Australian Bonds Sink; Oil Retreats