詹姆士看天下 2015/12/21

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Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.2015/12/21

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#

125.78102.2243.5493.4939.9155.31

20082014()-34.64% -15.70%-36.09% -7.28%-20.81% ---18.82%-5.58%-21.11% -12.76%-9.52% -5.56%

Bloomberg() 2015/11/302005/12/31%

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#G 64042

Bloomberg1bp=0.01% :2015/12/18(%)(bp)(bp)(bp)5.525125222979.057107203358.477047164614.31262258218

()()()()()

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#IND>HE00H0A0IM00ADOLLDMP

3

: Bloomberg 2015/12/18

(%)4.31(&)5.529.05%%8.47

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#IND>12)4


MSCIMSCI(%)


: Bloomberg 2015/12/18100(%)

$1066.152.204%$1.0868$34.73121.16


6

: Bloomberg 2015/12/18 ==225= (%)


7

(4.2%)(3.5%)70331027

(3.1%)72012

(-3.0%)18


8

9(FOL)9110FOLFOLFOL60(Decree 60)6100%30%819123(Circular 123)101FOLFOL

11(FDI)132125 Vietnamadvisors.com 2015/8

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.# 128(State Securities Commission of Vietnam, SSC)5 TPP1161051(4,600)1017.22%

Vietnamnews.vn 2015/12/8

Bloomberg 2015/12/14

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#Bloomberg 2006~2015122006~2014

()()2015/12/9

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Bloomberg

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#WFII

12

()Bloomberg : 2015/12/18()

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#BLP WEEKLY REPORT :>

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()Bloomberg : 2015/12/18()

Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#12/21()12-5.9-5.912/22()GDP1.9%2.1%115345368.0%7.5%12/23()11-0.7%2.9%110.2%0.4%110.3%0.1%1150.549.51292.091.812/24()12/25()()11CPI0.3%0.3%

: Bloomberg

GDP25


15

GDPNike242520161.5%2QQE184035


16

(60%)12PMI20ECB201738018ETFAGDP7.4%402008(40%)

(2015/12/21)


121670.25%~0.50%Dovish Hike20161.375% 16prime rate1.1 181.1401.8106800


18

PMI 2012(PMI)20121152.853.144PMI1154.253.935012PMI53.044PMI20142

11CPI110.10.2117.38.5110.1

20


19

188033,00025ETF4J-ReitJ-Reit5%10%7-107-12QQE

2920151.625%2%3.875%

CPI 2%1%102.7%


20

() GDP182015-20168.1%~8.5%7~7.5%1124%124


21

53(Jacob Zuma)93

16BBB-BB+218


22

() 171

4 3Mauricio Macri36


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11CPI0.0%0.0%0.2%FOMC0.50%0.50%0.25%FOMC0.25%0.25%0.00%11117.3113.0106.211128.9115.0116.111-0.6%-0.2%-0.4%Markit1251.352.652.8Markit1253.755.956.1100.6%0.3%-0.3%Markit1253.152.852.8Markit1253.052.853.0Markit1251.650.650.6Markit1254.054.254.211CPI0.2%0.1%0.1%11CPI0.1%0.1%-0.1%10ILO(3)5.2%5.3%5.3%

: Bloomberg


24

71110-80808011-3.3%-1.6%-2.2%11()-3797-449710831.625%1.750%1.750%7.50%7.50%7.50%11-24.4%---17.5%11-3.5%-3.0%-3.6%11-13.1%-11.5%-11.7%10-5.6%-8.3%-6.3%117.5%8.0%7.9%3.50%3.25%3.25%3.25%3.25%3.00%

: Bloomberg


25

(%)MSCI1633.75-0.25 -4.06 0.30 -7.95 -4.44 -4.85 2005.55-0.34 -4.00 1.96 -4.95 -2.59 -3.14 1121.02-0.23 -4.61 -3.45 -12.74 -6.95 -6.26 361.231.53 -5.39 0.95 -6.32 5.46 6.15 258.051.50 -3.11 2.37 -2.93 11.77 12.86 22518986.80-1.27 -4.49 5.07 -5.89 8.80 7.75 4708.52-0.58 -0.53 3.19 -5.96 7.23 9.05 3578.964.20 -1.42 13.38 -20.08 10.64 15.13 MSCI789.712.09 -6.37 -3.18 -18.97 -17.42 -16.40 MSCI399.771.50 -4.03 -0.52 -16.07 -12.61 -11.21 MSCI245.632.06 -12.06 -8.91 -21.52 -17.18 -18.68 MSCI1860.500.21 -10.28 -5.43 -27.38 -31.79 -31.35 MSCI209.296.47 -12.93 -12.08 -23.67 -22.71 -22.39 Bloomberg122.74-0.32 0.50 -0.08 1.49 1.31 1.64 Bloomberg131.97-0.09 -0.26 0.75 1.22 -0.27 0.10 Bloomberg135.92-0.61 -0.24 -0.50 0.07 -0.59 -0.01 Bloomberg138.99-1.16 -3.24 -4.87 -7.03 -5.01 -4.33 Bloomberg143.73-1.03 -3.85 -4.84 -7.46 -4.08 -2.92 Bloomberg160.41-0.08 -2.00 -0.41 -0.10 0.97 1.11 ETF44.860.40 -2.41 -2.41 -7.41 -4.33 -7.32 Bloomberg140.34-0.14 -1.97 -1.60 -2.77 -0.35 0.59 Bloomberg121.360.51 -0.53 -0.28 -3.12 -2.46 -2.14 Bloomberg148.100.21 -1.14 -1.57 -0.95 0.41 1.02

Bloomberg 2015/12/18


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(%)()MSCI174.29-1.22 -10.79 -7.02 -23.28 -26.71 -27.68 MSCI179.79-1.91 -7.38 -4.29 -21.87 -19.39 -19.37 MSCI95.440.36 -4.28 0.02 -9.69 -7.12 -7.03 MSCI191.35-0.41 -3.73 0.51 -4.75 2.76 3.75 MSCI204.680.25 -1.24 3.19 -0.32 2.38 2.06 MSCI188.00-1.03 -5.17 1.18 -8.28 -5.68 -5.72 MSCI144.10-1.43 -4.40 4.30 -1.97 2.00 1.31 MSCI66.650.57 -2.87 0.23 -6.42 -2.50 -3.45 MSCI109.661.26 -2.19 -2.19 -4.95 -10.89 -10.72 MSCI206.210.94 -1.18 -1.21 -6.95 3.16 0.69 NBI3449.013.03 -1.06 -3.34 -12.69 8.54 4.08 AMEX109.25-6.22 1.90 -2.78 -30.10 -33.40 -33.93 REITsFTSE14334.331.61 -0.77 4.18 2.22 0.61 0.70 REITsFTSE1751.841.89 0.04 4.38 3.16 0.91 0.99 REITsFTSE1457.291.43 -6.07 1.48 3.41 16.29 17.74 REITsFTSE1455.471.60 0.30 7.32 -3.11 -4.31 -3.44 (/)1066.15-0.80 -0.42 -6.40 -11.30 -10.02 -11.06 (/)14.101.29 -0.57 -7.07 -12.85 -10.25 -11.23 (/)4685.00-0.38 1.60 -10.83 -18.59 -25.63 -25.81 (/)36.88-2.77 -16.45 -22.31 -42.61 -35.67 -37.78 (/)34.73-2.50 -14.77 -22.27 -42.55 -34.80 -35.82 CRB172.16-1.54 -6.30 -12.54 -22.50 -25.14 -28.36 832.99-0.40 1.39 0.89 -5.32 -13.65 -16.13



(%)1.0868-1.07 1.95 -3.81 -4.32 -10.17 -11.54 121.16-0.12 2.05 -0.97 1.49 -1.14 -1.91 1.4895-2.09 -2.24 -4.13 -6.20 -4.38 -4.95 0.9922-0.98 2.78 -2.34 -7.11 0.21 -1.24 1.3957-1.46 -4.69 -5.24 -12.43 -16.74 -17.06 0.7176-0.18 0.91 -0.18 -8.00 -12.22 -12.11 1183.10-0.30 -0.92 -1.72 -6.42 -7.79 -6.83 32.9380-0.36 -0.21 -1.59 -6.66 -3.89 -4.53 6.4811-0.40 -1.49 -1.80 -4.21 -4.25 -4.10 13918.000.54 -0.71 3.28 -4.39 -10.99 -9.74 66.40370.73 -0.16 -1.10 -4.02 -5.06 -4.96 36.12000.03 -0.39 -1.30 -6.85 -8.89 -9.00 1.4139-0.03 0.52 -1.00 -5.64 -6.25 -7.07 4.28580.25 2.41 -2.08 -13.46 -18.40 -19.19 47.3470-0.08 -0.25 -2.27 -5.12 -5.55 -5.51 15.09285.05 -6.13 -11.69 -18.86 -23.34 -23.28 2.90732.53 -1.54 3.37 -6.71 -19.68 -20.10 70.7529-0.53 -8.46 -6.02 -24.45 -14.16 -12.91 3.93041.10 1.35 -5.31 -6.52 -9.84 -11.98 289.100.01 0.71 -4.84 -4.82 -9.50 -11.38 4.1527-0.89 0.41 -5.80 -4.85 -10.85 -12.31 3.9831-2.85 -5.48 -0.95 -23.17 -33.28 -33.15 17.13831.46 -2.35 -2.84 -10.48 -13.93 -14.94 13.2600-35.71 -27.25 -29.27 -31.80 -36.16 -35.52



(%) () (bp)30 2.92205.1-12.0-1.4-20.717.010.4102.20407.7-6.97.0-13.13.3-0.30.2700-5.2-3.0-4.4-17.9-5.9-9.10.54800.84.2-11.5-26.00.7-6.90.88902.86.3-14.3-31.96.3-0.31.57203.34.8-19.1-72.1-31.8-38.81.69306.9-3.9-25.1-58.98.2-4.72.48803.71.6-2.6-62.5-19.9-28.12.9130-20.415.81.7-37.039.534.310.6000-11.059.07.083.0258.0248.09.58124.6-1.5-155.1-126.6-342.6-347.53.4900-14.015.02.0-56.0-11.0-33.09.3710-101.085.6103.6100.0140.2138.916.288040.086.043.6373.5392.4363.86.1900-22.010.718.78.234.620.52.1220-12.1-16.8-7.0-38.9-48.3-60.58.6970-2.58.5-30.619.890.152.9*7.7090-7.02.51.2-5.2-14.8-22.2102.5700-9.4-13.2-19.6-37.2-15.9-25.5


Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.#Copyright 2015 Ezfunds Securities Investment Consulting Enterprise Ltd.


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Economy & Finance

詹姆士看天下 2015/12/21