Friday, December 30, 2016

Oil, Metals, Developed Equities Best Performers Of 2016; Emerging Markets Struggle

December 30, 2016

Oil was the world's best-performing asset class in 2016, after being the worst in each of the two previous years.

Brent crude LCOc1 was on track for a gain of around 50 percent, following a 35 percent tumble in 2015.

Copper CMCU3 was up around 16 percent in 2016, compared with the previous year's 26 percent plunge.

In China, an infrastructure and housing boom sparked a months' long rally in materials prices, with iron ore futures surging 170 percent and coking coal more than doubling.

The dollar index .DXY gained about 4 percent this year, or less than half of its 9.3 percent advance in 2015.

MSCI frontier stocks were down about 2 percent, compared with a 7 percent gain for MSCI developed equities. Shanghai A shares, which rose 4.4 percent in 2015, about dropped 18 percent in 2016.

Asset Performance In 2016 vs. 2015:


Developed Stocks:

Emerging Stocks:

Frontier Stocks:

Stocks By Sector:

Government Bonds:

Emerging Market Currencies vs. Dollar:

Article Link To Reuters: