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The Weekly Market View 19 January 2015

Asset Management |assetmanagement@adcb.com 1

Please refer to the disclaimer at the end of this publication.

Index LatestWeekly

Chg %YTD %

S&P 500 2,019.4 -1.2 -1.9

Dow Jones 17,511.6 -1.3 -1.7

Nasdaq 4,634.4 -1.5 -2.1

DAX 40 10,167.8 5.4 3.7

Nikkei 225 16,864.2 -1.9 -3.4

FTSE 100 6,550.3 0.8 -0.2

Sensex 28,121.9 2.4 2.3

Hang Seng 24103.5 0.8 2.1

ADX 4564.0 0.1 0.8

DFM 3889.1 4.6 3.1

Tadaw ul 8458.7 2.1 1.5

DSM 11924.9 -3.6 -2.9

MSM30 6585.35 4.2 3.8

BHSE 1429.9 0.2 0.2

KWSE 6619.6 1.7 1.3

MSCI World 1,675.2 -1.3 -2.0

MSCI EM 957.5 -0.1 0.1

Index Snapshot (World Indices)

Regional Markets (Sunday to Thursday)

MSCI

Commodity LatestWeekly

Chg %YTD %

ICE Brent USD/bbl 50.2 0.1 -12.5

Nymex WTI USD/bbl 48.69 0.7 -8.6

OPEC Baskt USD/bbl 43.1 -4.5 -17.0

Gold 100 oz USD/t oz 1280.5 4.7 8.1

Platimum USD/t oz 1267.1 2.7 4.9

Copper USD/MT 261.7 -5.0 -7.4

Alluminium 1840.25 2.6 0.4

EUR 1.1567 -2.3 -4.4

GBP 1.5150 -0.1 -2.7

JPY 117.51 -0.8 1.9

CHF 0.8587 -15.3 15.8

USD Libor 3m 0.2566 1.0 0.4

USD Libor 12m 0.6099 -2.6 -3.0

UAE Eibor 3m 0.6771 0.0 0.0

UAE Eibor 12m 1.0157 0.0 0.0

US 3m Bills 0.0152 -42.0 -57.2

US 10yr Treasury 1.8368 -5.6 -15.4

Global Commodities, Currencies and Rates

Currencies

Rates

luciano.jannelli@adcb.com

rahmatullah.khan@adcb.com

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The Weekly Market View 19 January 2015

Asset Management |assetmanagement@adcb.com 2

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Jan

-08

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08

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SNB's balance sheet jumped massively during Euro crisis

SNB Fed ECBSource: Bloomberg

Index

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-88

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Swiss economy can withstand stonger currency

Equity index USDCHF - rhs

Index Inverted

Source: Bloomberg

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SMI 12m forward PE - S&P 500 12m forward PE

Discount from S&P 500 forward PEAverage

PE

Source: Bloomberg

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The Weekly Market View 19 January 2015

Asset Management |assetmanagement@adcb.com 3

Commentary Critical levels

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The Weekly Market View 19 January 2015

Asset Management |assetmanagement@adcb.com 4

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The Weekly Market View 19 January 2015

Asset Management |assetmanagement@adcb.com 5

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