igher. Chinese H-Shares are up almost 10% in the last month, while the S&P 500 is within 0.4 index points of where it was a month ago. Valuations of MSCI China remain extremely attractive as the market continues to price in a hard landing scenario, although sentiment is clearly turning. In India, the governm

s Intermediate Spot Oil to be delivered at Cushing, Oklahoma (pricing data that aligns with Platts), spot oil prices had risen by 131%, compared to MSCI China up 124%, MSCI Indonesia up 151%, and S&P banks up 128%. Based on closing prices on Friday (which were off their peak in June), spot prices were up

rials stocks also generally have very low valuations whilst Healthcare and Consumer Staples stocks are among the more expensive in the asset class. MSCI China has outperformed our expectations over 2013 and sentiment appears somewhat elevated, which if the past four years is any guide, suggests Deutsche

rials stocks also generally have very low valuations whilst Healthcare and Consumer Staples stocks are among the more expensive in the asset class. MSCI China has outperformed our expectations over 2013 and sentiment appears somewhat elevated, which if the past four years is any guide, suggests Deutsche