EURO STOXX 50

Okay, so let's look at a bigger stock market.

Let's look at the Euro Stock 50.

So the Euro Stock 50 has, and I don't know what the size is, but I know it's obviously much larger than the JSE.

That has been a wealth destroyer going back to 2000.

I think the Euro Stock 50 in euros has averaged like no terrible yeah terrible so a big economy but look what it's done to your to your finances the js the rand has gone from uh five to one whatever it was in 2000 and it's now a 20 but you have still made way more money yeah i get the points yeah you get my point so i yes there's a lot of different factors into it now don't get me wrong you asked me the question to say if i had to pick one Yeah, and now we're 20 minutes later.

But that's not how I design a portfolio.

Yeah, yeah, yeah.

which is all over the news, Italian debt.

On the equity front, we have underlying such as Eurostock 50, DAX, Eurostock banks as well, which are, I would say, worldwide underlying trading by everyone else.

And likewise, as other, I would say, franchise of products such as MSCI, we do partner also with FTSE.

So we have this kind of collaboration with many, many index providers.

In terms of the MSCI Asia-Pacific Index, up by nine-tenths of 1%, shares in South Korea and Japan gaining.

But Eurostoxx 50 futures and Nasdaq futures are actually in the red.

Crude oil, Brent crude futures this morning trade at $114 a barrel.

That is down 1%.

So the Nasdaq is up 0.9%, the S&P up 0.8%.

The Eurostoxx 50 also up 0.8%.

And bond yields, well, not big moves outside Europe.

10-year Treasury is down one basis point, for example.

Energy, not surprisingly, up 2.5%.

The Eurostoxx 50 fell 0.3%.

The DAX lost three quarters of 1%.

But the CSI 300... rose 1.8% on Friday and here the ASX 200 was pretty flat no doubt a bit of movement there this morning and a busy week for data for earnings we've got the central bank decisions as well a lot going on here's NAB's Ken Crompton A depressing read on Bloomberg might explain the oil price.

It's around 70.3 now.

Shares are up in the United States, 1.25% for the Nasdaq, 0.7% for the S&P, 1.4% for the Eurostoxx 50 as well, and the same for the DAX.

French 10-year bond yields up another nine basis points compared to just two for German bunds and 10-year treasuries in the United States not really moving at all.

In fact, yields are actually down four basis points for the UK.