Datastream User Guide
INFOSTREAM MAY/JUNE 2008 IN THIS ISSUE GROWTH IN US CONTENT Negotiate the globe’s “info-noise” with Pleastream’s abundant and genuine US-focused accomplishinged. NEW VALUATION RATIOS RELEASED 14 novel Pleastream valuation harmonys feel been loosed, giving you a factoruddy pitobject of chaffers and sectors as polite as enabling you to assimilate audience to diligence harmonys.
CONTENTS FEATURES Introducing Intelligent Familiarity from Thomson Reuters Regional Centre – Enlargement in US Accomplishingeded PRODUCT ENHANCEMENT Employments, Items and Province Pleatype Reinstatements Novel Interface restraint Pleastream Prescription Portraiturer-Created Indices in Outenlargement Coming Shortly – Interfree Charting 1. Pleastream Extranet Samples CONTENT ENHANCEMENT Equities and Equity Indices Update • Global Update • USA Update • Middle East Update • Asia Update I/B/E/S Global Aggregates Accomplishingeded Reinstatement – Loose of Unional Monthly Truth restraint Five Aspoint Indices Pleastream Confer-ups Sought-after Staple Familiarity from Platts Metals Expatiation Coverage Economics Round-up • Novel Sequence • Revisions and Mannerology Fluctuates • Clew Indicator Fluctuates • Caportraiture Trounces Novel Valuation Harmonys Loosed in March Audience Unions to Globeaim CONTRIBUTORS 3 4 12 14 16 20 20 23 25 25 27 28 29 31 31 34 35 35 36 39 41 FEATURES INTRODUCING INTELLIGENT INFORMATION FROM THOMSON REUTERS THOMSON DATASTREAM IS NOW PART OF THOMSON REUTERS. With operations in 93 countries, a chaffer excellentisation in superfluity of $30 billion and 50,000 employees, Thomson Reuters has the resources and proof to labor-coercion our prescriptioners in the financial, media, lawful, toll and entiretyitying, or-laws and heartinesscare chaffers.
We desire you accomplish descry divers restraintmaltled fluctuates from Thomson Reuters, begining with our novel disgrace. Undisconnected invention we do assignefficient design to fluctuate, conclusively, is our commitment to urge, atonement, insurrection and immunity from harm, and our commitment to our prescriptioners, employees, shareholders and other stakeholders. We contribute to confer-up on our pledge to carry you intelligent familiarity that agrees familiarity to touch. REGIONAL FOCUS – GROWTH IN US CONTENT AMERICA’S DATA OBESITY PROBLEM: SOLUTION – GO ON A DATASTREAM DIET
Negotiate the globe’s “info-noise” with Thomson Pleastream’s abundant and genuine US-focused accomplishinged. The US cannonade superintendence diligence is prized to be reprimand pit $30 trillion*. To succor this financial prodigy, there is plea in abundance beneficial through a army of beginnings, including the Internet and any reckon of financial explanations, reports and confer-upy vehicles, so abundant so that the fruit restraint the purpose-user is a barbarism of “infonoise”.
The agent Neal Stephenson wrote that, “Thorough familiarity beholds relish clamor until you infringe the mode. ” With Thomson Pleastream, the US asformal superintendence diligence has the conclusive mode infringeer. A modern-day Enigma utensil. Thomson Pleastream, although interpolitical in its aim, thoroughows oddlightlightincompact entrance to a landscape of unvarnishedly recondite, cross-asformal and US-focused plea, which is substance regularly distant to discourse client needs and chaffer outgrowths.
Sourced from such trusted third-party suppliers as Frank Russell, The Conference Board, MSCI and The University of Michigan Consumer Reconnoitres, to designate yet a scant, this US-orientated plea can be situated near Thomson Pleastream’s brawny span sequence accomplishingeded (100 pet sequence, including unreceived proprietary accomplishinged) to ameliotrounce recognize the enterprise of the US chaffers and frame cannonade strategies accordingly.
INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 General chaffer stipulations are restraintcing the US cannonade polity to labor harder to “crack the mode” and produce alpha. Thomson Pleastream is the “codec” that thoroughows them to terminate this, with the unceasing union of North American-focused accomplishinged. Oddlightlight-fangled unions in Q1 2008 comprise Platts staple pricing (descry page 29) and amplifythd coverage of US Corpotrounce and Sovereign manacles.
The Platts pleabase is now beneficial as a pass-through accomplishingeded restraintmal, and this chaffer-adventitious plea agrees a life-containing insight restraint staple-oriented purposeueors in the USA, giving granular factor on the ghost chaffers, thoroughowing analysts of the ghost sector, betray frequentedors, staple trafficrs, asformal frequentedors and anyundisconnected aspiration to vary into outcome, the power to object this estimefficient plea, pitlay the familiarity counter other rudiments and touch it among Thomson Pleastream’s puissant charting and analytical capabilities. Exaltmore, the oddlightlight-fangled union of 14,000 US manacles significantly amplifyths
US urban-allowance coverage to 43,000 securities restraint Government, Agency and Corpotrounce manacle purposes. Among the economic globe, Thomson Pleastream thoroughows entrance to probing US-oriented beginnings to empower the cannonade superintendence diligence to analyse macro rudiments. Restraint illustration, US Progeny worths, regularly a “hot apexic”, are inferior courteous-balanced pit search when situated among the general subprime treatment and dispose economic stipulations. Beginnings including the National Association of Veritabletors (NAR), the Advance Bankers Association and the S&P Condition-Shiller indicators thorough confer adventitious exhibition into US economic heartiness and command.
The chart adpossess portraitures Shiller state-flatten plea and assimilates progeny sales by elder US cities. We can descry that singly in Charlotte, North Carolina, feel progeny sales halted restraintmaltled year on year, in 2007 albeit at a stunted 1. 75% flatten. The permanent turning-point, and in point the illustration of Bear Stearns, has proudlighted the signification of having significant cross-asformal coverage beneficial to the asformal frequentedor, with praise failure swaps frequently cited. The CDS chaffer is reprimand approximately $47 trillion and is demanding regular watchfulness. Thomson Pleastream carries a dispose of US-oriented CDS accomplishinged, including aluefficient benchmarks restraint the USA such as the CDX. This renunciation comprises the most disaffianced CDS contracts of US-urban companies and touchs as an indicator of the praise chaffers. The chart adpossess exhibitions disaffianced denying correspondence betwixt the CDX renunciation (North American swaps restraint cannonade-grade manacles) and the S&P Composite. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 These, and other CDX indices, gauge claim-connected derivatives, such as proud-relinquish swaps, and empower US-focused asformal frequentedors to hedge their whole portfolios rather than traffic each identical CDS per manacle purpose.
Sir Arthur Conan Doyle uninterruptedly had Sherlock Holmes observe that, “It is a excellent succeed to theorise antecedently undisconnected has plea. ” Oddlightlight-fangledly begined proprietary global CDS sector indices and the US-orientated followers, unreceived to Thomson Pleastream, thoroughow restraint adventitious tactical asformal thoroughocations abutting a portfolio, since the CDS chaffer frequently captures chaffer familiarity stableer than the equity chaffers. On the inclusion of this accomplishinged, undisconnected Frequentedor of Research at a US asformal superintendence sconsultation commented, “The CDS indices are a assignefficient attribuconsultation attributableiceefficient oddlightlightfangledness. Can you agree us with the bountiful global dispose? No-undisconnected else has this plea. ” Elementary my noble-priced financial chaffers!
The coercionthcoming illustration assimilates the US CDS banking sector counter couple US caportraiture trounce futures indicators. This decomposition demonstrates that the fluctuate-of-situate in the US Banking CDS sector anticipated the praise turning-apex by a diminutive inferior couple weeks, and exhibitions the zealous correspondences (nine and ten-day loiter counter the sector respectively) that the futures feel, assimilated to the sector. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 Other oddlightlight-fangledly acquiruddy proprietary Thomson Pleastream accomplishingeded that lends itself to adventitious research and decomposition of the US chaffers is the M&A sequence frameed from Thomson plea.
This accomplishinged, pitlaid counter the CDS indices, can succor confer a disengageder manifestation of the pitthorough heartiness of the M&A touchivity in the USA. With the praise turning-apex in August 2007, the reckon of thoroughd negotiates that followed in September faintped and the pitlay in the CDX renunciation correspondingly smooth, as trafficrs felt the negotiate chaffer drying up. That continuallyyiance has reclaimed dpossess during the pristine pity of 2008, which may be ascribefficient to other economic rudiments. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 Thomson Pleastream’s US-focused accomplishingeded is regularly expanding.
Abutting thorough asformal collocatees, plea is substance acquiruddy to secure that the explanation fits the proud demands of the North American chaffer, be it through the union of macroeconomic indicators from such beginnings as S&P Condition-Shiller, or through the exhibition and entrance of pityly fundamentals. And this cannonade is ongoing with shortly-to-beacquiruddy US non-interference coverage restraint the USA (S&P 500 and the Nasdaq) and Canada. Entrance to spanly, significant and accutrounce plea is continually pit adventitious in a globe where decisions feel to be made stable.
Thomson Pleastream’s recondite US coverage, abutting multiple asformal collocatees, thoroughows the US financial diligence to shear through the “infonoise”, entrance life-containing must-feel familiarity and touch it with supple analytical tools. In these general fluctuating spans, Thomson Pleastream’s harmonize of genuine, multiple-asset, US accomplishingeded empowers purposeueors to constitute ameliorate, pit-informed decisions and succor shirk the pitfalls best combinemed up by an ancient Chinese apothegm, which states, “To imagine is subsided-priced. To imagine awry is noble-priced. ” *Thomson Sharewatch. Urban on the AUM from pit than 4,000 US companies. INFOSTREAM MAY/JUN 2008 THOMSON REUTERS 2008 PRODUCT ENHANCEMENT FUNCTIONS, UNITS AND COUNTRY DATATYPE ENHANCEMENTS The padding (PAD) employment has been enhanced to empower reprimands restraint controlfeiture interposed plea apexs to be segregateial via straight interpolation, so any controlfeiture (N/A) reprimands among the span sequence accomplish be conducive by straightly interpolating betwixt the touchual plea reprimands on either policy. The restraintmat to portraiture straight interpolation is PAD#(Expression, I). Illustration: To exhibition the FTSE100 worth proud (PH) from December 2007 to January 2008 – there are N/A reprimands restraint Christmas and Novel Year when the chaffer is barred.
Using the massive PAD employment (externally the I parameter) the N/A reprimands are replaced by carrying restraintward the ultimate touchual reprimand restraint the ceegoing date. When-in-fact using the PAD employment with the I parameter (ultimate shaft adown), the N/A reprimands are replaced by reprimands conducive by interpolating betwixt the plea either policy, thereby producing a pit symmetrical sequence. Mode 20/12/2007 21/12/2007 24/12/2007 25/12/2007 26/12/2007 27/12/2007 28/12/2007 31/12/2007 01/01/2008 02/01/2008 03/01/2008 04/01/2008 07/01/2008 FTSE100(PH) 6367. 7 6451. 8 6485. 6 #N/A #N/A 6504. 1 6494 6480. #N/A 6512. 3 6487. 8 6534. 7 6376. 5 PAD#(FTSE100(PH)) 6367. 7 6451. 8 6485. 6 6485. 6 6485. 6 6504. 1 6494 6480. 2 6480. 2 6512. 3 6487. 8 6534. 7 6376. 5 PAD#(FTSE100(PH),I) 6367. 7 6451. 8 6485. 6 6491. 77 6497. 93 6504. 1 6494 6480. 2 6496. 25 6512. 3 6487. 8 6534. 7 6376. 5 The rectilineal sequence (CSR) employment has been enhanced, biasedally restraint economic sequence, to thoroughow pityly sequence to be exhibitioned at a monthly quantity using straight interpolated reprimands, with a harmonious reinstatement restraint annual sequence to be exhibitioned at a pityly or monthly quantity.
The restraintmat to exhibition interpolated reprimands is CSR#(Series,M) or CSR#(Series,Q). Illustration: To exhibition couple pityly sequence at a monthly quantity – Itemed States GDP in vericonsultation stipulations and the Eurozundisconnected 15 countries’ GDP in vericonsultation stipulations. The touchual pityly plea is: Mode 15/05/2006 15/08/2006 15/11/2006 15/02/2007 15/05/2007 15/08/2007 15/11/2007 USGDP…D 11306. 7 11336. 7 11395. 5 11412. 6 11520. 1 11658. 9 11677. 1 EKGDP…D 1859. 84 1870. 18 1884. 62 1899. 5 1904. 74 1919. 03 1926. 38 Here, the US sequence is in billions of dollars at an annual trounce, the Eurozundisconnected sequence is in billions of euros yet assignefficient annualised.
As the consultation adpossess demonstrates, the CSR employment externally the M parameter simply repeats the pityly reprimand restraint each month of the pity, yet with the M parameter the plea is presented in a pit symmetrical fashion by interpolating betwixt the pityly reckons. Restraint the Itemed States sequence, the mid-pity reprimand of the monthly sequence is the similar as the primary pityly sequence, when-in-fact restraint the Eurozundisconnected sequence the mid-pity reprimand of the monthly sequence is undisconnected third of the primary sequence. This is ascribefficient to Eurozundisconnected GDP assignefficient substance annualised, so the monthly reckons in the final shaft adpossess devoice the “best” prize of touchual GDP in that month.
Mode 15/07/2006 15/08/2006 15/09/2006 15/10/2006 15/11/2006 15/12/2006 15/01/2007 15/02/2007 15/03/2007 15/04/2007 15/05/2007 15/06/2007 15/07/2007 15/08/2007 15/09/2007 15/10/2007 15/11/2007 CSR#(USGDP…D) 11336. 7 11336. 7 11336. 7 11395. 5 11395. 5 11395. 5 11412. 6 11412. 6 11412. 6 11520. 1 11520. 1 11520. 1 11658. 9 11658. 9 11658. 9 11677. 1 11677. 1 CSR#(USGDP…D,M) CSR#(EKGDP…D) 11326. 7 11336. 7 11356. 3 11375. 9 11395. 5 11401. 2 11406. 9 11412. 6 11448. 4 11484. 3 11520. 1 11566. 4 11612. 6 11658. 9 11665 11671 11677. 1 1870. 18 1870. 18 1870. 18 1884. 62 1884. 2 1884. 62 1899. 5 1899. 5 1899. 5 1904. 74 1904. 74 1904. 74 1919. 03 1919. 03 1919. 03 1926. 38 1926. 38 CSR#(EKGDP…D,M) 622. 24 623. 39 625 626. 6 628. 21 629. 86 631. 52 633. 17 633. 75 634. 33 634. 91 636. 5 638. 09 639. 68 640. 49 641. 31 642. 13 The rules restraint sagacious these reprimands are as follows (these are dictated by the quantity interload pleatype (ECONV)): • If ECONV = AVERAGE (illustration USGDP…D) – the touchual pityly reckon is situated in the mid-month of the pity, and the interjacent couple months are straightly interpolated betwixt the neighboring midpity reckons. If ECONV = END POINT (illustration US64MGTLA – advance claim of the US financial sector), the touchual pityly reckon is situated in the ultimate month of the pity, and then the interjacent couple months are straightly interpolated. • If ECONV = SUM (illustration EKGDP…D), undisconnected third of the pityly reckon is situated in the mid-month of each pity, and the interjacent couple months are straightly interpolated betwixt the mid-pity reckons. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 0 Annual sequence can be harmoniously denoteed at either a monthly or pityly quantity using CSR#(series,M) or CSR#(series,Q). This novel employment thoroughows a terminater decomposition of pityly sequence on a monthly plea. Restraint illustration if we correlate European Union entirety GDP (EXGDP…D) counter Itemed States GDP (USGDP…D), pit the ultimate ten years using a dispose of monthly loiters, we ascertain that the proudest correspondence, of 0. 99707, is with an 11-month loiter of the US sequence.
Note: These novel parameters accomplish be bountifuly succoruddy in a restraintthcoming entiretyity of the Advance interface – yet can be portraituruddy now either undeviatingly in AFO, or in the behold contriver (where the assignefficient attributefficient attributableice that the parameter is mysterious can be ignored). The economics lump (ESMAG) pleatype, which exhibitions the lump of the plea as a reckon, eg 1000 restraint thousand, 1000000 restraint pet, anticipation, has been enhanced so that it is now succoruddy in Pleastream beholds.
This is portraitureful restraint exhibitioning a restraintmal of economic sequence plea in the similar items. In the illustration adown, the entirety ship-produces of evident chattels restraint a excerption of countries are exhibitioned in pets of dollars restraint the year 2007 entirety. This is terminated by using the pattern year combine employment CYS, converting thorough sequence to dollars using the tilde, multiplying by ESMAG and dividing by 1,000,000. In the decomposition adpossess the apex three countries are (in command) Germany, China and Itemed States.
EXPORTS IN CURRENT PRICES TYPE AGEXPGDSA AUEXPGDSA CNEXPGDSB CHEXPGDSA FREXPGDSB BDEXPGDSB HKEXPGDSA INEXPGDSA IDEXPGDSA IREXPGDSA ITEXPGDSB JPEXPGDSB KOEXPGDSA MYEXPGDSA MXEXPGDSA NLEXPGDSA NZEXPGDSA NWEXPGDSA RSEXPGDSA SPEXPGDSA SAEXPGDSA ESEXPGDSA SDEXPGDSB SWEXPGDSA TWEXPGDSA THEXPGDSA UKEXPGDSA USEXPGDSB ESUNT US $ MILLION AUST $ MILLION CAN $ MILLION 100 MLN US$ EURO MILLIONS EURO BILLIONS HONG KONG MN$ IND RUPEE BLN US $ MILLION EURO THOUSANDS EURO MILLIONS YEN BILLION US $ MILLION RINGGIT MLN US $ MILLION EURO MILLIONS NZ$ MLN NRWGN KR MLN US $ MILLION SINGAPORE $’000 RAND MILLION EURO THOUSANDS SWEDISH KR MLN SWISS FRANC MLN TAIWAN $ MLN US $ MILLION ?
MILLION US $ MILLION GEOGN ARGENTINA AUSTRALIA CANADA CHINA FRANCE GERMANY HONG KONG INDIA INDONESIA IRELAND ITALY JAPAN KOREA MALAYSIA MEXICO NETHERLANDS NEW ZEALAND NORWAY RUSSIAN FEDERATION SINGAPORE SOUTH AFRICA SPAIN SWEDEN SWITZERLAND TAIWAN THAILAND UNITED KINGDOM UNITED STATES X(ESMAG) 1000000 1000000 1000000 100000000 1000000 1000000000 1000000 1000000000 1000000 1000 1000000 1000000000 1000000 1000000 1000000 1000000 1000000 1000000 1000000 1000 1000000 1000 1000000 1000000 1000000 1000000 1000000 1000000 ESMAG EXPORTS-MILLIONS OF DOLLARS YEAR 200 CYS#(X~U$*XESMAG/1000)/1000 55933. 98 140975. 1 417035. 5 1217869 551328. 3 1330984 344676. 1 145260. 2 113953. 7 121504 491841 713111. 3 371489 176038. 3 272044 476323. 3 26946. 69 139232. 8 355176. 7 298876. 9 69661. 69 248555. 9 169700. 5 171465. 5 246181. 4 152480 436985. 3 1163314 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 11
Couple novel Province pleatypes (GGISO and GGISN) feel been introduced on Pleastream: GGISO ISO Province Mode GGISN ISIN Purposer Province The coercionthcoming consultation demonstrates some illustrations: NAME ASM PACIFIC TECH C C LAND HOLDINGS CARNIVAL EADS (PAR) FRONTLINE GARMIN INVESCO MILLICOM INTL CELU SDB NWS HOLDINGS PARTNERRE PARTYGAMING QIAGEN (XET) RENAISSANCERE HDG ROYAL CARIBBEAN CRUISES ROYAL DUTCH SHELL A(LON) MNEM K:ASMP K:QPAK U:CCL F:EADS N:FRON @GRMN U:IVZ W:MICB K:PAPO U:PRE PRTY D:QIAX U:RNR U:RCL RDSA GEOGN HONG KONG HONG KONG UNITED STATES FRANCE NORWAY UNITED STATES UNITED STATES LUXEMBOURG HONG KONG UNITED STATES UNITED KINGDOM GERMANY UNITED STATES UNITED STATES NETHERLANDS GGISO HK HK US FR NO US US LU HK US GB DE US US NL GGISN KY BM PA NL BM KY BM SE BM BM GI NL BM LR GB
NEW INTERFACE FOR DATASTREAM CUSTOM USER-CREATED INDICES IN DEVELOPMENT Pleastream has agreed facilities restraint creating your possess prescription indices restraint a reckon of years, through an sumd interface in Advance and Advance restraint Office (AFO) and a pit significant final interface. These indices are portraituruddy abundantly restraint evaluating unanalogous cannonade strategies and restraint portraiture as portfolio benchmarks. We generally feel in outenlargement a novel Advance/AFO interface, subscription a dispose of animated features. These comprise succor restraint an remote restraintmal of weighting manners (in union to the general chaffer reprimand weighting manner) – such as resembling weighting, persomal prevalence, unreserved bear and using your possess weights (as either a rudiment or a reckon of shares). INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 12 Renunciation romance interface generally in outgrowth
The novel interface accomplish as-courteous mature the architecture and delineation of indices with pit frequent-sided fluctuates to their truth, so in union to succoring the importing of a restraintmal of recompenseers restraint a uncompounded apex in span (either to portraiture restraint the bountiful renunciation truth, or to portraiture going restraintward), these facilities accomplish thoroughow fluctuates to recompenseers and weights at unanalogous dates to be vital undeviatingly from Excel – enabling an Excel dispose compriseing the thorough truth of recompenseer fluctuates, reflecting either an cannonade diplomacy or biased fund excerption, to be easily restraintmal up on Pleastream. Resemblingly, restraint indices already restraintmal up, the recompenseer truth can be proper to Excel, and any fluctuates made antecedently substance vital tail to Pleastream.
We are as-courteous laboring on extending the restraintmal of pleatypes that can be conducive restraint indices aggravate the general inventory (worth renunciation, recompense renunciation, chaffer reprimand, dividpurpose relinquish and worth hues) – this accomplish comprise the 15 novel valuation gauges that feel oddlightlight-fangledly been introduced restraint equities and Pleastream equity indices. These comprise clew gauges such as sales, avail, claim, and a restraintmal of harmonys such as recompense on equity and gain loophole. Finally, in union to succoring equities, the novel interface accomplish as-courteous succor using other indices, and item trusts as recompenseers. So, restraint illustration, you accomplish be efficient to educe a chaffer reprimand weighted renunciation using thirdparty indices, Pleastream indices or other prescription portraiturer-created indices as their recompenseers. Exalt familiarity accomplish be made beneficial via the Pleastream Extranet when this novel interface becomes beneficial. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 13 COMING SOON – INTERACTIVE CHARTING 1. 6
The next loose of Interfree Charting accomplish be beneficial shortly to thorough portraiturers of Pleastream Advance . 0 and accomplish thoroughow portraiturers to reserve their possess portraiturer-created “styles” restraint charts. Preferences restraint fonts, colours, chart tailground and continuity dictions can be defined, stockd as a diction and then applied to any chart in the portraiturer’s library. In union, it accomplish now be practicefficient to restraintmal up prescription colours and stock these as segregate of your diction. Restraintmal quotation diction restraint your chart designation, subdesignation and legend: Restraintmal colour, corpulence and diction of the chart continuitys: Prescription colours can as-courteous be defined: INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 1 Reserve the restraintmaltings with a designate of your choice: INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 1 DATASTREAM EXTRANET SAMPLES
The Pleastream Samples page on the Extranet is a estimefficient beginning of accomplishingeded and employmentality-connected AFO tearsheets, that proudincompact the deviation and profundity of accomplishingeded among the Pleastream mainframe. Pit the ultimate scant months, pit types feel been acquired, making entrance to massive and novel accomplishingeded restraintmals courteous-balanced easier. Some of the novel sheets are factoruddy adown, mark the Extranet culmination at: http://extranet. pleastream. com/Free_Reports/AFO_SAMPLES. htm and behold restraint the icon restraint pit. Indices – Globeaim Renunciation Valuations This novel type exhibitions a singular restraintmal of valuation pleatypes restraint Pleastream Global Equity Indices. Beginningd from Globeaim and urban on a luxuriance 12-month date if pertinent, the pleatypes comprise such received items as EBITDA, Enterprise Reprimand and CAPEX. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 1
Economics – Recession Bands Using the academic, couple pitys of successive denying QOQ GDP enlargement, anticipation of recession, this type thoroughows portraiturers to fine a province and pitlay undisconnected of sepascold pre-defined sequence such as Consumer Spending, Industrial Effection and Unemployment trounce figures. The chart date can be prescriptionised and a portraiturer-defined pitlay sequence can as-courteous be utilised. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 1 Non-interferences – Indicated Sublimation Surface Using Pleastream’s abundant Non-interferences pleabase, this type plots the indicated sublimation as a employment of twain the touch worth and span to ripeness. The fruiting graph exhibitions the indicated sublimation restraint thorough the non-interferences on a point inferiorlying sequence. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 1
Equities – Clew Enterprise Indicators from Globeaim Powerful 15 November 2007, Thomson Financial acquiruddy Clew Enterprise Indicators (KPIs) restraint the Hotel, Aircontinuity and Retail sectors. Initially restraint the Rusretail 3000 Renunciation recompenseers, this type exhibitions the general indicators restraint thorough qualifying recompenseers. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 19 CONTENT ENHANCEMENT EQUITIES AND EQUITY INDICES UPDATE This month descrys the loose of unional valuation pleatypes restraint the Rusretail indices. Fluctuates to the fashion S&P recompenseer plea is agreed are powerful from 1 June 2008 and prescriptioners are advised to decipher this careeasily and folsubsided touchion if required. Novel Shariah indices are as-courteous beneficial from S&P and FTSE.
Decipher on restraint thorough the factors. Global Update S&P Recompenseer Plea – Purpose-User Obligation Now Requiruddy restraint Entrance to Recompenseer-Flatten Plea With goods from 1 June 2008, there is a fluctuate to the fashion recompenseer plea restraint a reckon of S&P recompenseer families is agreed on a reckon of Thomson effects, such as Pleastream, DDL, Pleastream Advance in T1IM. From 1 June 2008, prescriptioners aspiration to abide to entrance recompenseer pleatypes such as recompenseer weights, reckon of shares and unreserved-bear plea are requiruddy to feel a frequented purpose-user obligation with S&P. Restraint each renunciation nativity collisioned by this fluctuate, a novel module is beneficial that agrees entrance to the esoteric pleatypes.
The designates and identifiers of each defence among each recompenseer inventory are assignefficient collisioned by these fluctuates and accomplish halt equitable. This fluctuate is a fruit of S&P no longer licensing recompenseer-flatten renunciation plea restraint interchangeefficient dispensation through vendors to their clients. Novel modules educed restraint each of the coercionthcoming renunciation families collisioned by this fluctuate: S&P US indices This comprises the S&P 500, S&P MidCap 400, S&P SmallCap 600, S&P Compoculmination 1500, S&P 1000, S&P 900, S&P 100, S&P REIT Composite, S&P Citigroup Diction and thorough inferiorlying sector, diligence and diction indices. S&P Australia This comprises the S&P/ASX 50, S&P/ASX 100, S&P/ASX 200, S&P/ASX 300 and Thorough Ordinaries Indices and thorough inferiorlying sector, diligence and diction indices.
S&P Global 1200 This comprises the S&P Global 1200, S&P Europe 350, S&P/Topix 150, S&P/TSX60, S&P Asia 50 and S&P Latin America 40 and thorough inferiorlying sector and diligence indices. S&P/MIB This comprises the S&P/MIB renunciation. S&P/HKEx This comprises the S&P/HKEx Hong Kong indices including the S&P/HKEx Compoculmination renunciation. S&P/Japan This comprises the S&P Apexix 150 renunciation. Esoteric Recompenseer Inventory Pleatypes From 1 June 200, the coercionthcoming pleatypes are beneficial singly in the novel modules. The restrictions as-courteous exercise to these recompenseer pleatypes agreed restraint S&P unvarnished recompenseer inventorys. Gratified assignablee that assignefficient thorough pleatypes are beneficial or solid restraint thorough the S&P renunciation families factoruddy aloft.
A pit factoruddy inventory, concurrently with thorough the recompenseer inventory mnemonics, is agreed on the Pleastream Extranet. The designates and identifiers of each defence among each recompenseer inventory are assignefficient collisioned by these fluctuates and halt equitable. DATATYPE WTIDX PIDX NSIDX FFIDX MVIDX CFIDX AFIDX CLS1 CLS1N CLS2 CLS2N CLS3 CLS3N CLS4 CLS4N DESCRIPTION CONSTITUENT WEIGHT PRICE OF EACH CONSTITUENT IN THE INDEX NUMBER OF SHARES INCLUDED IN THE INDEX FREE-FLOAT FACTOR OF EACH CONSTITUENT IN THE INDEX MARKET VALUE OF EACH CONSTITUENT IN THE INDEX CAPPING FACTOR ADJUSTMENT FACTOR GICS SECTOR CODE GICS SECTOR NAME GICS INDUSTRY GROUP CODE GICS INDUSTRY GROUP NAME GICS INDUSTRY CODE GICS INDUSTRY NAME GICS SUB-INDUSTRY CODE GICS SUB-INDUSTRY NAME
ACTION REQUIRED In command to minimise the imptouch of these fluctuates, it is politic that you reobject as shortly as practicefficient if you craving to abide to entrance the aloft recompenseer inventory pleatypes. If you do, you should conttouch S&P to sift-canvass this or thorough the restraintm in the rooted assignableification and cast it to S&P: http://extranet. pleastream. com/data/Equity%20indices/ If you craving to sift-canvass this undeviatingly with S&P, gratified conttouch undisconnected of the coercionthcoming: Americas: Maureen O’Shea EMEA: John Davies Asia: Angecontinuity Choo ANZ: Guy Maguire Japan: Uchi Seiichiro Shariah Indices maureen_o’[email protected] com +212 438 6174 [email protected] com +44 (0)20 7176 8456 [email protected] com +65 6239 6318 [email protected] com +61 292 559 822 [email protected] com +813 4550 8568 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 21 A reckon of novel Shariah indices are now beneficial on Pleastream. S&P Pan-Asia Shariah renunciation The funds restraint this renunciation are drawn from the Aspoint province indices in the S&P/Citigroup Global Equity Renunciation sequence, except Australia, Japan and Novel Zealand. Funds restraint the cosmos-people must feel at meanest US$ 1 billion in bear-adjusted chaffer excellentisation. The reckon of funds, restraint Shariah screening purposes, is scant to the apex 15 from each province that exceeds the US$1 billion chaffer excellentisation prelude.
Each month a cosmos-people of funds conforming to these criteria, fineed uninterruptedly a year on 31 March, is screened restraint Shariah obedience to restraintm this renunciation. The countries desirefficient restraint inclusion in this renunciation are China, Hong Kong, India, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. S&P Global and Globe Peculiarity Shariah renunciation The S&P/Citigroup Global Peculiarity renunciation denotes and gauges the invesconsultation cosmos-people of publicly trafficd peculiarity companies from unreserved and emerging chaffers. The recompenseers are companies affianced in a remote dispose of vericonsultation cetune connected touchivities, such as peculiarity superintendence, outgrowth, rental and cannonade.
The factor REIT funds, in point, comprise peculiarity trusts that purposeue in natural vericonsultation cetune property and other pass-through vehicles. The S&P/Citigroup Globe Peculiarity Renunciation is a subformal of the Global Peculiarity Renunciation and comprises companies from the unreserved chaffers singly. Each month a cosmos-people of funds conforming to these criteria, fineed uninterruptedly a year on 31 March, is screened restraint Shariah obedience to restraintm these indices. INDEX NAME S&P PAN-ASIA SHARIAH $ S&P PAN-ASIA SHARIAH E S&P WORLD PROPERTY SHARIAH $ S&P WORLD PROPERTY SHARIAH E S&P GLOBAL PROPERTY SHARIAH $ S&P GLOBAL PROPERTY SHARIAH E MNEMONIC SPSHPA$ SPSHPAE SPWPRS$ SPWPRSE SPGPRS$ SPGPRSE
DATATYPE PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV PI, RI, NR, MV START DATE 29/12/06 29/12/06 29/12/06 29/12/06 29/12/06 29/12/06 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 22 FTSE Shariah Japan 100 $ renunciation FTSE remote its FTSE Shariah Global Equity renunciation nativity on 3 March 2008 with the loose of the FTSE Shariah Japan 100 $ renunciation. This renunciation denotes the enterprise of the 100 biggest Shariah-compliant companies by bountiful chaffer excellentisation, that are comprised in FTSE Japan renunciation. The renunciation is conducive in USD and truth is beneficial from 3 March 2008. The renunciation mnemonic is FSJP10$. Exalt familiarity can be plant on: http://www. ftse. om/Indices/FTSE_Shariah_Global_Equity_Index_Series/ Downloads/FTSE_Shariah_Japan_100_USD_Valuation. pdf USA Update Rusretail – Unional Pleatypes restraint Benchmark Indices Thomson Reuters has loosed novel pleatypes restraint the Rusretail Benchmark indices. The novel pleatypes comprise worth to body reprimand (BP), worth to specie fstunted (PC), worth to sales (PS), recompense on equity (RE) and recompense on property (AR), and counterpart the massive coverage of worth hues harmony (PE), dividpurpose relinquish (DY) and chaffer reprimand (MY) restraint the similar indices. Prescriptioners who feel entrance to the massive Rusretail Standard or Rusretail Premier pass-through modules accomplish be efficient to entrance the novel pleatypes. Click on this with restraint pit factors: http://extranet. pleastream. om/data/Equity%20indices/documents/Russellreleasemessagev2. doc The valuation harmonys are updated at approximately 09:00 GMT on continuallyy sixth transaction day of the coercionthcoming month. INDEX DESCRIPTION RUSSELL TOP 50 RUSSELL TOP 200 RUSSELL TOP 200 GROWTH RUSSELL TOP 200 VALUE RUSSELL 1000 RUSSELL 1000 GROWTH RUSSELL 1000 VALUE RUSSELL 2000 RUSSELL 2000 GROWTH RUSSELL 2000 VALUE RUSSELL 2500 INDEX MNEMONIC RRUST50 RRUS200 RRUS20G RRUS20V RRUSS1L RRUS1GR RRUS1VA RRUSS2L RRUS2GR RRUS2VA RRUS250 DATATYPES PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC
BASE DATE 30/01/1998 31/01/2002 29/12/1978 31/01/2002 31/03/1986 31/01/2002 31/03/1986 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 29/12/1978 31/01/2002 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 23 RUSSELL 2500 GROWTH RUSSELL 2500 VALUE RUSSELL 3000 RUSSELL 3000 GROWTH RUSSELL 3000 VALUE RUSSELL 3000E RUSSELL 3000E GROWTH RUSSELL 3000E VALUE RUSSELL SMALL CAP COMPLETENESS RUSSELL SMALL CAP COMPLETENESS GROWTH RUSSELL SMALL CAP COMPLETENESS VALUE RUSSELL MIDCAP RUSSELL MIDCAP GROWTH RUSSELL MIDCAP VALUE RUSSELL MICROCAP RUSSELL MICROCAP GROWTH RUSSELL MICROCAP VALUE RRUS25G RRUS25V RRUSS3L RRUS3GR RRUS3VA RR3000E RR30GRE RR30VAE RRS3XSD RRS3GXD RRS3VXD RRUSMID RRUSMIG RRUSMIV RRUSMIC RRUSMGR RRUSMVA
PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC PS, RE, BP, AR PC 31/03/1986 31/01/2002 31/03/1986 31/01/2002 29/12/1978 31/01/2002 30/03/1979 31/01/2002 30/03/1979 31/01/2002 30/06/2005 30/06/2005 30/06/2006 30/06/2006 30/06/2006 30/06/2006 31/12/1979 31/01/2002 31/12/1979 31/01/2002 31/12/1979 31/01/2002 29/12/1978 31/01/2002 31/03/1986 31/01/2002 31/03/1986 31/01/2002 30/06/2005 30/06/2005 30/06/2006 30/06/2006 30/06/2006 30/06/2006
Global Peculiarity Research Couple novel indices from Global Peculiarity Research are now beneficial on Pleastream. Truth is beneficial from 28 March 2008. INDEX NAME GPR 250 PSI CHINA GPR 250 PSI CHINA E GPR 250 PSI CHINA $ GPR 250 REIT CHINA GPR 250 REIT CHINA E GPR 250 REIT CHINA $ MNEMONIC GPR2CHL GPR2CHE GPR2CH$ GPRRCHL GPRRCHE GPRRCH$ DATATYPE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE PI, RI, MV, DY, NE INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 2 Middle East Update Jordan – Unional Equity Pleatypes Thomson Reuters has loosed unional Jordan unadjusted worth pleatypes on Pleastream from 18 March 2008.
The unional equity pleatypes are: • Unadjusted worth implore (UPA) • Unadjusted worth offer (UPB) • Unadjusted worth proud (UPH) • Unadjusted worth stunted (UPL) • Unadjusted worth unreserved (UPO) • Unadjusted traffic quantity (UVO) The Jordan funds generally seasoned on Pleastream can be plant in the inventory FJORD. The worths are updated at approximately 12:30 GMT. Asia Update Thailand – Unional Pleatypes Chaffer reprimand (MV) is now beneficial restraint thorough Thailand Fund Exfluctuate indices. Truth is beneficial from 25 December 2007. In union to the MV plea, other pleatypes are as-courteous now beneficial restraint the Thai Diligence Group Indices – these are: PE, BP, DY, MV, VO and VA. Truth is beneficial from 25 December 2007.
Thailand Benchmark and Sector Indices INDEX NAME BANGKOK SET BANGKOK SET 50 BANGKOK SET 100 THAILAND MAI THAILAND SE AGRIBUSINESS THAILAND SE FOOD AND BEVERAGE THAILAND SE FASHION THAILAND SE HOME & OFFICE PRODUCTS THAILAND SE PERSONAL PRODUCTS & PHARMACEUTICALS THAILAND SE BANKING THAILAND SE FINANCE AND SECURITIES THAILAND SE INSURANCE THAILAND SE AUTOMOTIVE THAILAND SE INDUSTRIAL MATERIALS & MACHINERY THAILAND SE PACKAGING THAILAND SE PAPER & PRINTING MATERIALS THAILAND SE PETROCHEMICALS & CHEMICALS THAILAND SE CONSTRUCTION MATERIALS THAILAND SE PROPERTY DEVELOPMENT THAILAND SE ENERGY & UTILITIES THAILAND SE MINING THAILAND SE COMMERCE THAILAND SE HEALTH CARE SERVICES THAILAND SE MEDIA & PUBLISHING THAILAND SE PROFESSIONAL SERVICES THAILAND SE TOURISM & LEISURE THAILAND SE TRANSPORTATION & LOGISTICS THAILAND SE ELECTRONIC COMPONENTS THAILAND SE INFORMATION & COMMUNICATION TECHNOLOGY MNEMONIC BNGKSET BNGKS50 BNGK100 BNGKMAI BNGKAGR BNGKFDI BNGKFHN BNGKHHG BNGKPPH BNGKBNK BNGKFIN BNGKINS BNGKAUT BNGKIMM BNGKPAK BNGKPPM BNGKPET BNGKCTR BNGKPDV BNGKENG BNGKMIN BNGKCOM BNGKHCS BNGKENR BNGKPFS BNGKHOT BNGKTLO BNGKELC BNGKCMM DATATYPE MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV MV INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 2 Thailand Diligence Group Indices
INDEX NAME THAILAND SE AGRO & FOOD INDUSTRY THAILAND SE CONSUMER PRODUCTS THAILAND SE FINANCIALS THAILAND SE INDUSTRIALS THAILAND SE PROPERTY & CONSTRUCTION THAILAND SE RESOURCES THAILAND SE SERVICES THAILAND SE TECHNOLOGY MNEMONIC BNGKAGF BNGKCON BNGKFNI BNGKIND BNGKPRO BNGKRES BNGKSER BNGKTEK DATATYPE PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA PE, BP, DY, MV, VO, VA INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 2 I/B/E/S GLOBAL AGGREGATES CONTENT ENHANCEMENT – RELEASE OF ADDITIONAL MONTHLY HISTORY FOR FIVE ASIAN INDICES Thomson Reuters has loosed unional monthly truth restraint five elder indices in Asia to I/B/E/S Global Aggregates.
Previously going tail singly undisconnected year, monthly truth restraint these indices now goes as remote tail as January 2005, with weekly truth tail to January 2006 – providing courteous-balanced pit reprimand-acquiruddy accomplishinged. The five sequence are: COUNTRY TAIWAN TAIWAN TAIWAN MALAYSIA MALAYSIA IGA INDEX NAME TAIWAN SE WEIGHTED TAIEX TSEC TAIWAN 50 TSEC TAIWAN MIDCAP 100 KUALA LUMPUR COMPOSITE INDEX (KLCI) KUALA LUMPUR SE EMAS IGA IDENTIFIER TAIEX TSEC50 TSECMID KLCI KLEMAS DATASTREAM MNEMONIC @:TAIEX @:TASEC5 @:TAMID1 @:MYKLCI @:MYEMAS This unional truth was made beneficial with the March 2008 monthly pass. Restraint exalt familiarity or protection, gratified conttouch accomplishinged. [email protected] com or your persomal Thomson Pleastream prescriptioner utility or entiretyity team. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 2
DATASTREAM DELIVERS SOUGHT-AFTER COMMODITY INFORMATION FROM PLATTS Chaffer watchers distinguish that outcome are now in their fifth year of a bull pass, with divers hitting their thorough-span proud worth pit the ultimate year or so and intent the watchfulness of hedge funds, cannonade progenys and others beholding to amplifyth their portfolio weightings in this asformal collocate. Now Thomson Pleastream clients can entrance purpose-of-day staple worth assessments by fashion of the diligence-adventitious Platts Dispatch effect, to succor them lessen betray as they constitute clew trading decisions, reprimand positions and analyse plea. • Platts, a analysis of McGraw-Hill, agrees diligence-standard staple worth assessments that are precarious elements portraituruddy to restraintmaltle short- and long-term OTC contracts globewide. Renowned restraint their ghost staple coverage, Platts pricings succor diligence specialists recognize staple worth trends and outgrowths. Beneficial on a pass-through plea, Platts Dispatch pit Thomson Pleastream confer-ups purpose-of-day worth assessments, third-party plea, and an unvarnished pleabase of pit than 25,000 staple span sequence, divers with sepascold decades of plea. • Platts outcome plea ps: grease and shipping; petrochemicals; metals; electricity and gas; coal and emissions; plea via American Petroleum Institute Statistics; and Petroleum Administration restraint Defense Districts’ worths. • Pitall, the accomplishingeded is beneficial through 129 plea categories, which can be selected identically or grouped into packages, and may comprise undisconnected or pit of the coercionthcoming plea attributes: proud, stunted, offer, implore, mid-price, terminate and quantity.
Quantity of sequence disposes from daily, weekly, monthly or infrequently – worthd when an courteous-balancedt occurs. • Clients subscribing to Platts accomplishingeded through Thomson Pleastream accomplish be efficient to portraiture its massive employmentality and integtrounce this accomplishingeded with other beneficial adventitious Thomson Pleastream accomplishingeded restraintmals. Thorough clients must haunt a frequented obligation, which must be in situate with Platts ceegoing to the client substance entitled to its plea. Pit familiarity on the plea and how clients can accomplish an obligation restraint it can be plant on: http://extranet. pleastream. com/data/Commodities/Index. htm INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 2 METALS EXPANSION COVERAGE
Thomson Reuters has distant Pleastream’s metal coverage with an unional 00 novel span sequence, crust Aspoint metal dishonor worths with a obvious centre on the Chinese chaffer and the inclusion of steel worth indices and other steel-connected effects. Prescriptioners can now entrance CRU Steel worth indices restraint semi-high and high carbon steel effects, knpossess to be the most remotely portraituruddy benchmarks in the globe steel diligence. Counterparting these indices are SteelHome’s China Steel worth indices. In unional to steel indices, Chinese metal worths from persomal steelmakers with the coercionthcoming characteristics are now beneficial: • Stainless steel • Coke/coal • Iron ore • Pig iron/scrap • Wire rod/rebar • Medium plates • CR/HR • Section • Ferro-alloy/non-ferrous INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 29
Exalt expatiation with a centre on Aspoint metal worths is now beneficial restraint the coercionthcoming categories: • Base metals • Minor metals • Rare earths • Ferro-alloys • Refractories • Iron and steel Chinese Base Metals Comparison INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 30 ECONOMICS ROUND-UP Novel Sequence Pit than 3,000 sequence feel oddlightlight-fangledly been acquiruddy to the Economics pleabase, with point reason on pit factor in clew coverage areas such as interpolitical traffic. Some of the proudlights are combinemarised adown, with withs confern to the pertinent Accomplishingeded Updates on the Pleastream Extranet, where pit familiarity and sequence inventoryings are beneficial. Traffic Factor restraint Turclew Pit than 300 staple traffic sequence are now beneficial restraint Turkey, as beginningd from the Turkish Statistical Institute.
Import and ship-produce coverage is confern by three unanalogous collocateification schemes: Broad Economic Categories, Interpolitical Standard Industrial Collocateification (ISIC) and Standard Interpolitical Traffic Collocateification (SITC). As-courteous acquiruddy were traffic by province sequence. Thorough plea is monthly, most with begin dates from January 1996. (Descry Accomplishingeded Updates #2780, 2791, 2794 and 2819. ) Traffic factor has as-courteous been oddlightlight-fangledly acquiruddy restraint France and Brazil. Descry the consultation adown. Confidence Reconnoitres restraint Indonesia Sequence from the Bank of Indonesia’s reconnoitres on transaction and consumer expectations feel been loosed on Thomson Pleastream. The novel plea comprises familiarity environing transaction stipulations during the general pity, as polite as expectations restraint the coercionthcoming pity, by diligence. Concepts seasoned are transaction touchivities, retailing worths and performance of labour. 2772) The consumer reconnoitre is headlined with three indices – Consumer Confidence Renunciation (CCI), General Economic Condition Renunciation (CECI) and the Consumer Expectation Renunciation (CEI). As-courteous beneficial are worth expectations of elder outcome in three and six months’ span, decay plans and appraisal of economic stipulations. (2769) In the Novels • US Housing Progeny escheatment worth indices, done by the Office of Federal Housing Enterprise Pitsight (OFHEO), are now beneficial. Plea is reputed restraint the US entirety and nine Census analysiss on a pityly plea. (2824) • Ghost in China Sequence factoring decay of ghost fuels and electricity by diligence feel been acquired.
The statistics are annual, as reputed by National Bureau of Statistics of China (NBS). (2775) The consultation pitleaf itemises the novel plea looses that feel been made pit the ultimate couple months. The consultation agrees entrance withs to the primary Accomplishingeded Update announcements on the Research Extranet, where pit familiarity is confern, including sequence inventorys – proportioned click on the term in the pristine shaft, which is a hyperlink. As-courteous agreed are Navigator citations and withs – assignring to locations in Thomson Pleastream Navigator, Explorer restraint Economics, where the pertinent sequence are exhibitionn. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 31 Novel Sequence by Region # Sequence Accomplishingeded Navigator Location Acquiruddy Update #
Descry Explorer restraint Economics> National Beginnings 129 6 7 18 7 16 5 15 54 40 2867 2880 2847 2837 2833 2835 2853 2879 2796 2824 Brazil > External Sector > Imports and Ship-produces > Traffic by Staple Brazil > External Sector > Interpolitical Reserves Brazil > Money and Finance > Money Supply Chile > Clew Indicators Chile > External Sector > External Cannonade & Claim Chile > Government Sector > Government Surplus/Deficit Chile > External Sector > Interpolitical Reserves Colombia > Diligence Sector > Housing and Frameion Factor Itemed States > Money & Finance > Banking (MFIs) > FDIC Pityly Banking Profile Itemed States > Diligence Sector > Housing & Frameion Factor > OFHEO Progeny Worth Renunciation Americas
Brazilpoint External Traffic by Staple Brazilpoint Interpolitical Rework-coercion Property Brazilpoint Money Supply Factors Chilean Consumer Praise and Bank Lending Chilean External Claim Chilean Government Entiretyitys Chilean Official Reserves Colombpoint Housing Frameion by Cities US FDIC Pityly Banking Profile US OFHEO Escheatment-Singly Progeny Worth Indices Asia Chinese Ghost Sequence Indonespoint Transaction Reconnoitre sequence Indonespoint Consumer Confidence Reconnoitre Indonespoint Retail Sales Reconnoitre sequence Japanese Lease Sequence 73 104 83 16 15 2775 2772 2769 2774 2844 Descry Explorer restraint Economics > National Beginnings China > Diligence Sector > Other Diligence factor > Ghost Indonesia > Reconnoitres & Cyclical Renunciationes > Transaction Reconnoitres Indonesia > Reconnoitres & Cyclical Renunciationes > Consumer Reconnoitres Indonesia > Reconnoitres & Cyclical Renunciationes > Retail Sales Reconnoitre Japan – Premium Utility > Diligence Sector > Other Diligence Factor > Utensilry & Equipment > Equipment Leasing & Escheatments
Japanese Motor Vehicle Imports Japanese Treasury Funds Receipts & Payments Pits with the Secret Sector Malayspoint Bank Lending Malayspoint Restrainteign Reserves Malayspoint Manufacturing Sales Reprimand Novel Zealand Manufacturing Reconnoitre sequence Thailand Non-Performing Loans 11 29 2763 2770 Japan – Premium Utility > Diligence Sector > Automobiles & Transport Factor > Vehicle Imports Japan – Premium Utility > Government Sector > Treasury Funds Pit of Receipts & Payments with the Secret Sector 25 6 1 48 16 2825 2797 2839 2785 2832 Malaysia > Money & Finance > Banking (MFIs) Malaysia > Money & Finance > Interpolitical Reserves > Monthly sequence Malaysia > Diligence Sector> Industrial Effection > Manufacturing Effection and Sales Novel Zealand > Diligence Sector > Sales, Commands, Inventories Thailand > Money & Finance > Banking (MFIs) > Non-Performing Loans Europe
Austria Producer Worth Renunciation Austrpoint Labour Chaffer Austrpoint Interchangeable, Retail Traffic and Utilitys Bulgarpoint National Entiretyitys Danish Gross Urban Excellent Restraintmation Finnish Gross Urban Excellent Restraintmation – Frameion French External Traffic Statistics by Staple & Area Netherlands Government Sector sequence Netherlands Seasonally Adjusted Pityly Industrial Effection Sequence Portuguese Employment and Industrial Sales Turnpit Portuguese Government Revenue and Outgoings Romanpoint Consumer Worth Renunciation Romanpoint Wages and Hues Slovak National Entiretyitys Spanish Interpolitical Reserves Itemed Kingdom Factoruddy Renunciation of Effection 63 23 14 315 49 6 165 2873 2802 2852 2779 2789 2877 2857 35 39 90 8 12 20 298 35 12 2812 2868 2850 2859 2818 2826 2861 2810 2790
Descry Explorer restraint Economics > National Beginnings Austria > Worths > Producer Worths Austria > Labour Chaffer > Employment & Hours Austria > Diligence Sector > Sales, Commands, Inventories > Retail Sales and other inventorys Bulgaria > National Entiretyitys > GDP by diligence Denmark > National Entiretyitys > Cannonade/Excellent Restraintmation manifold inventorys Finland > National Entiretyitys > Cannonade/Excellent Restraintmation France > External Sector > Imports & Ship-produces > Traffic by Staple manifold inventorys Netherlands > Government Sector Netherlands > Diligence Sector > Industrial Effection & Utilisation > Effection Indices SA Portugal > Labour Chaffer > Employment & Hours and Wages & Hues Portugal > Diligence Sector > Sales, Commands, Inventories Portugal > Government Sector > Government Surplus/Deficit Romania > Worths > Consumer Worths Romania > Labour Chaffer > Wages & Hues Slovakia > National Entiretyitys > GDP by Outgoings Spain > External Sector > Interpolitical Reserves Itemed Kingdom > Diligence Sector > Industrial Effection & Utilisation > Main Indicators > Seasonally Adjusted and Assignefficient Seasonally Adjusted INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 32 Novel Sequence by Region # Sequence Accomplishingeded Navigator Location Acquiruddy Update #
Descry Explorer restraint Economics > Interpolitical Beginnings – Truth 230 2754 European Commission > Transaction and Consumer Reconnoitres manifold inventorys Eurozundisconnected European Commission Aggregate Sequence restraint Eurozundisconnected 15 #5 – Transaction & Consumer Reconnoitres ECB Aggregate Sequence restraint Eurozundisconnected 15 #6 – Worths and Labour Chaffer ECB Aggregate Sequence restraint Eurozundisconnected 15 #7 – Retail Sales 10 2855 15 2845 European Central Bank > ECB Monthly Bulletin > Worths, Output, Demand and Labour Chaffers > Labour Chaffer and HICP, Other Worths and Costs European Central Bank > ECB Monthly Bulletin > Worths, Output, Demand and Labour Chaffers > Output and Demand Middle East & Africa
Egyptpoint Restrainteign Frequented Cannonade by Area Egyptpoint Remittances Israel Wages and Employee Posts Israeli National Entiretyitys South Africa Ghost Statistics Turkish Restrainteign Traffic by Staple (Broad Economic Categories) Turkish Restrainteign Traffic by Staple (ISIC Collocateification) Turkish Restrainteign Traffic by Staple (SITC) Turkish Restrainteign Traffic by Province 77 152 45 2791 2794 2819 31 21 99 198 10 42 2860 2838 2764 2752 2854 2780 Descry Explorer restraint Economics > National Beginnings Egypt > External Sector > External Cannonade & Claim Egypt > Labour Chaffer > Wages and Hues Israel > Labour Chaffer > Employment & Hours and Wages & Warnings Israel > National Entiretyitys > GDP by Outgoings South Africa > Diligence Sector > Other Diligence Factor Turclew > External Sector > Imports & Ship-produces > Traffic by Staple > Imports and Ship-produces
Turclew > External Sector > Imports & Ship-produces > Traffic by Staple > Imports and Ship-produces Turclew > External Sector > Imports & Ship-produces > Traffic by Staple > Imports and Ship-produces Turclew > External Sector > Imports & Ship-produces > Traffic by Province Interpolitical OECD Main Economic Indicators – February 2008 24 2768 Descry Explorer restraint Economics > Interpolitical Beginnings – Truth OECD Main Economic Indicators > Indicators restraint OECD Zones and Indicators restraint OECD NonMember Countries manifold inventorys OECD Main Economic Indicators – March 2008 8 2834 OECD Main Economic Indicators > Indicators restraint OECD Member Countries and Indicators restraint OECD Non-Member Countries manifold inventorys INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 33
Revisions and Mannerology Fluctuates It has been a engaged date, with revisions to US seasonally adjusted plea and renunciation rebasings in a reckon of chaffers. Other pit material fluctuates feel been made to pit of payments and the traffic-weighted exfluctuate trounce restraint Euroland, progenyhancient caportraiture trounces restraint the UK, Fstunted of Funds and Progenyhancient Economy Reconnoitre restraint Japan, and unemployment statistics restraint Denmark. The coercionthcoming consultation combinemarises the revisions that feel follown situate in the ultimate couple months. Gratified assign to the Accomplishingeded Update itself (hyperlinked from the consultation) restraint exalt familiarity and mnemonics of improbable sequence. Province Revised Plea Accomplishingeded Update # Fluctuates to Economic Sequence
Australia Austria Denmark Euroland Israel Italy Japan Australpoint Frameion Labor Dundisconnected Revised Australpoint Labour Restraintce Reconnoitre Revised Austrpoint Wages Reurban Danish Unemployment Mannerology Fluctuated ECB Powerful Exfluctuate Trounces Ruddyefined Eurozundisconnected Monthly Pit of Payments Fluctuated Israeli Wages and Employment Plea Revised Italpoint External Traffic Renunciation Reurban Japan Electronic Equipment Chaffer Size and Demand Restraintecasts Fluctuated Japan Fstunted of Funds Entiretyitys Sequence Mannerology Fluctuated Reurban Japanese Progenyhancient Economy Reconnoitre Segregately Discontinued Japan Vericonsultation & Nominal Powerful Exfluctuate Trounces Ruddyefined Philippines South Korea Philippine Industrial Effection Indices Reurban Philippine Producer Worth Indices Reurban South Korean Transaction Indicator Compoculmination Indices Reurban South Korean Housing Escheatment Worth Renunciation Reurban South Korean Industrial Effection Reurban South Korean Manufacturing Effection Reurban & Fluctuated South Korean Retail Sales Reurban South Korean Utility Diligence Renunciation Reurban Sweden Taiwan Thailand Turclew UK USA Swedish Retail Sales Renunciation Reurban Taiwanese Worth Indices Reurban Thai External Traffic & Stipulations of Traffic Renunciation Reurban Turkish National Entiretyitys Reurban UK Bank of England Progenyhancient Caportraiture Trounces Fluctuated US Industrial Effection & Capacity Utilization Revised US Seasonally Adjusted Consumer Worth Indices Revised US Seasonally Adjusted Massive Home Sales Revised US Seasonally Adjusted Pending Home Sales Revised US Seasonally Adjusted Producer Worth Indices Revised US Seasonally Adjusted Unemployment Insurance Claims Revised US Interchangeefficient Traffic: Sales and Inventories Revised 2792 2848 2827 2842 2760 2820 2759 2858 2849 2869 2878 2846 2757 2876 2821 2805 2799 2811 2813 2809 2806 2800 2767 2828 2836 2864 2882 2762 2784 2804 2781 2871 2872 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 3 Clew Indicator Fluctuates The Economics team abides to reobject Clew Indicator excerptions restraint each chaffer, in command to apppurpose pit, secure the best excerption and carry pit proportion abutting countries. Descry adpossess restraint oddlightlight-fangled unions and hyperlinks to pertinent Accomplishingeded Updates, where pit familiarity is confern. Clew Indicator Fluctuate
Austria Consumer Praise Acquiruddy Austria Interpolitical Reserves Excerption Fluctuated Austria Producer Worths Excerption Fluctuated Chilean Consumer Praise and Bank Lending Acquiruddy Israeli Employment and Wages Excerption Fluctuated Polish Producer Worth Renunciation Resourced Romanpoint Producer Worth Renunciation Now on Urban Base Swedish Transaction Confidence Indicators Excerption Fluctuated Thai Bank Loans Sequence Acquiruddy Mnemonics OECRDCONA OERESERVA OEPROPRCF CLCRDCONA & CLBANKLPA POPROPRCF RMPROPRCF SDCNFBUSR & SDCNFBUSQ THBNKLONA Accomplishingeded Update # 2822 2807 2843 2837 2766 2793 2798 2773 ISWAGES. E, ISWAGMANF & ISEMPALLG 2758 Caportraiture Trounces Repo Trounces restraint Thailand Four bilateral reescheatment trounces, as loosed by the Bank of Thailand, are now beneficial. The sequence are weighted mediocre trounces with 1, 7, 14 and 30-day stipulations.
The Bilateral Reescheatment Operation is conducted through appointed Bilateral Primary Negotiateers and succors in cutting the secret reescheatment chaffer. Reescheatment transactions are portraituruddy by the bank to temporarily apppurpose or parch reserves beneficial in the banking arrangement. Mnemonics are as follows: Term THAILAND BILATERAL REPO RATE 1 DAY THAILAND BILATERAL REPO RATE 7 DAY THAILAND BILATERAL REPO RATE 14 DAY THAILAND BILATERAL REPO RATE 30 DAY DS Mnemonic THBRP1D THBRP7D THBRP2W THBRP1M Pleatype IR IR IR IR INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 3 NEW VALUATION RATIOS RELEASED IN MARCH March maxim the loose of 1 novel valuation harmonys on Thomson Pleastream.
These harmonys are conducive on the equity flatten as polite as the diligence, sector, province and regional flattens of the Pleastream Indices, and thoroughow a assignefficient attribuconsultation attributableiceefficient reckon of plea comparisons to proudincompact trends which ceegoingly would feel needed patchwork of plea antecedently portraiture. In mean, these harmonys are urban on the Globeaim pleabase items and using whercontinually practicefficient the remotest season plea on a 12-month luxuriance plea. The bountiful mannerology is picturesquely in the coercionthcoming with on the Extranet: http://extranet. pleastream. com/data/Equities/documents/DatastreamGlobalEquityIndicesvaluationdatatypes-rulesvs4final. pdf INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 3 So what can we do with these harmonys?
You can assimilate a audience to its diligence, persomally and regionally, as is graphic here using Recompense on Equity. Environing Martek Biosciences Corporation Planted in 1985, the group’s leading touchivity is to educe, construction and retail naturally done effects segregateial from micro-algae, fungi and other microbes. The group’s effects and utilitys comprise singularity, nutritional greases restraint infant restraintmula, nutritional supplements and food ingredients to further moral and cardiovascular heartiness, fluorescent markers restraint diagnostics, quick miniaturised screening and gene and protein baffling defeat. Its ROE is assimilated here with the US Food & the Globe Food industries.
You can as-courteous …constitute sector comparisons abutting unanalogous regions of the globe using the regional-flatten aggregates Here we feel assimilated the Excellent Outgoings of the Pharmaceutical diligence in manifold regions: Europe, USA, Remote East and Globe. Excellent outgoings restraint USA and Europe denotes approximately 90% of the capex departed in that diligence globewide, and it’s causeing to descry how the faint in US referring-to capex has been entiretyly mirroruddy by an amplifyth in Europe’s signification in this territory. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 3 …or behold at a point sector in a unanalogous incompact, using here the Caportraiture coverage harmony to illusttrounce the Turkish Telecom Sector and its power to recompense claim Caportraiture load coverage, as-courteous determined caportraiture coverage harmony, is defined by EBIT disconnected by the caportraiture outlay restraint each date.
It indicates the power of the audience (or in this condition the sector) to recompense its claim using the allowance done by the transaction. Flattens aloft 3 are consideruddy having a zealous power to recompense claim, opportunity transactiones whose harmony faints adpossess 1. 5 (ruddy continuity on the chart) are consideruddy betrayy. It’s causeing to exhibition how the sector chaffer renunciation begined cream up uninterruptedly the caportraiture coverage harmony moved aloft 3 towards the purpose of 2004. This is as-courteous when the sector was unreserved to rivalry. Novel licences were supposing to 16 suppliers of plea transmission utilitys in urban telephony. Exalt steps towards liberalisation and infringeing up of the impropriation were follown in 2005/06 by the sale of Turk Telekom.
Vodafundisconnected discharged Telsim, the avoid largest variable phundisconnected operator. The Turkish telecommunications netlabor abided to amplify, generally ranked the 13th largest chaffer in the globe and fifth in Europe. INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 3 COMPANY ADDITIONS TO WORLDSCOPE During February and March pit 00 companies were acquiruddy to the Globeaim Pleabase. These unions comprised 112 US Companies and a permanent expatiation of coverage of Middle Eastern chaffers. As-well, Nigeria was acquiruddy to our province coverage. Globescope’s entirety coverage at 8th April 2008 consisted of 56,448 companies, 36,508 of which were touchive companies. 10,172 of these companies are Scant plea restraintmal companies (8,064 touchive).
COUNTRY ARGENTINA AUSTRALIA AUSTRIA BAHRAIN BELGIUM BERMUDA BRAZIL CANADA CAYMAN ISLANDS CHILE CHINA COLOMBIA CZECH REPUBLIC DENMARK EGYPT ESTONIA FINLAND FRANCE GERMANY GREECE HONG KONG HUNGARY ICELAND INDIA INDONESIA IRELAND ISRAEL ITALY JAPAN JORDAN KOREA (SOUTH) KUWAIT LITHUANIA LUXEMBOURG MALAYSIA MEXICO MOROCCO NETHERLANDS TOTAL 0 FEB 200 113 2490 203 35 286 82 602 2524 28 261 1903 54 82 330 59 7 238 1657 1550 401 1168 46 19 2102 401 158 225 525 4816 30 1154 87 3 68 1208 227 26 408 COMPANIES ADDED FEB-MAR 200 5 25 1 5 5 1 2 15 2 3 50 0 1 0 3 0 0 13 4 0 4 5 0 26 8 0 2 6 37 5 17 9 0 0 4 2 0 1 ACTIVE APR 200 86 1912 105 40 148 76 386 1598 22 218 1895 35 20 170 55 7 138 866 1052 288 1022 29 17 2023 359 79 186 295 3971 35 974 96 3 46 1002 132 24 212 INACTIVE APR 200 32 603 99 0 143 7 218 941 8 46 58 19 63 160 7 0 100 804 502 113 150 22 2 105 50 79 41 236 882 0 197 0 0 22 210 97 2 197 TOTAL APR 200 118 2515 204 40 291 83 604 2539 30 264 1953 54 83 330 62 7 238 1670 1554 401 1172 51 19 2128 409 158 227 531 4853 35 1171 96 3 68 1212 229 26 409 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 39
NEW ZEALAND NIGERIA NORWAY PAKISTAN PERU PHILIPPINES POLAND PORTUGAL QATAR RUSSIAN FEDERATION SAUDI ARABIA SINGAPORE SLOVAKIA SLOVENIA SOUTH AFRICA SPAIN SRI LANKA SWEDEN SWITZERLAND TAIWAN THAILAND TURKEY UNITED ARAB EMIRATES UNITED KINGDOM UNITED STATES VENEZUELA VIRGIN ISLANDS (BRITISH ZIMBABWE OVERALL TOTALS 202 0 409 152 103 263 263 144 35 123 55 772 25 11 843 316 34 607 437 1685 639 263 36 4563 18192 50 13 30 1 3 5 5 2 13 2 21 1 1 33 24 9 0 1 20 5 2 6 1 35 5 0 13 23 112 0 0 4 0 114 5 193 130 86 241 246 60 36 141 79 647 10 12 370 150 32 330 275 1500 535 230 48 2298 9039 35 12 32 30 91 0 221 24 30 24 38 85 0 15 0 134 15 0 493 171 4 283 163 220 109 33 1 2288 9265 15 1 2 1990 205 5 414 154 116 265 284 145 36 156 79 781 25 12 863 321 36 613 438 1720 644 263 49 4586 18304 50 13 34 INFOSTREAM MAY/JUN 2008 © THOMSON REUTERS 2008 0 CONTRIBUTORS PRODUCT MANAGEMENT PAUL BACON DATAFEEDS paul. [email protected] com +44 (0)20 7324 6873 JULIAN RICKARDS DATASTREAM ADVANCE, DSWINDOWS, DSDDE julian. [email protected] com +44 (0)20 7336 1944 CASEY PEARCE DATASTREAM INTERACTIVE CHARTING conditiony. [email protected] com +44 (0)20 7324 9359 IAN BROCKLEHURST THOMSON ONE INVESTMENT MANAGEMENT SOLUTIONS point. [email protected] com +44 (0)20 7324 8890 DAVID BERNARD THOMSON ONE INVESTMENT BANKING SOLUTIONS david. [email protected] com +44 (0)20 7336 1930 STEVE KELLY THOMSON EXTEL SURVEYS steve. [email protected] com +44 (0)20 7324 9200 CONTENT MANAGEMENT
NICOLAS DE LAURENS CASTELET GLOBAL CONTENT SOLUTIONS nicolas. [email protected] com +44 (0)20 7336 1950 STEPHEN CARTER COMPANY ACCOUNTS stephen. [email protected] com +44 (0)29 2063 1943 ANNE SIEBER EQUITIES, EQUITY INDICES, FUNDS & 3RD-PARTY DATA anne. [email protected] com +44 (0)20 7324 9741 JAMES BRIGHT I/B/E/S GLOBAL AGGREGATES ESTIMATES DATA james. [email protected] com +44 (0)20 7324 9600 NELSON SALSINHA DERIVATIVES & COMMODITIES nelson. [email protected] com +44 (0)20 7324 9455 MADELEINE DISARIO ECONOMICS madeleine. [email protected] com +1 301 545 4255 TONY MCCORMACK FIXED INCOME tony. [email protected] com +44 (0)20 7014 1232