Foreign Stock Markets

Stock index trends in native currencies and in dollars adjusted for currency fluctuations. The dollar-adjusted returns are what U.S. investors would realize.

Last week Year to date Market Native In dollars Native In dollars Australia -2.3% -3.3% +27.2% +29.1% Austria -3.6 -6.0 -7.9 -15.4 Belgium -1.9 -4.4 +6.7 -1.5X Britain -1.0 -3.0 +12.9 +3.2 Canada -0.7 -0.4 +5.3 +7.7 France 0.0 -2.6 +16.0 +6.3 Germany -2.7 -5.3 +7.9 -0.8 Hong Kong -2.4 -2.6 +37.5 +38.2 Italy +2.1 -0.2 -0.7 -8.5 Japan -1.5 -2.0 +0.5X +5.0 Netherlands -1.7 -4.4 +15.5 +6.3 Singapore/Malaysia -0.8 -1.2 +11.1 +15.8 Spain -0.1 -2.1 +13.3 +4.6 Sweden +2.1 -0.6 +13.2 +6.9 Switzerland -1.9 -3.6 +18.7 +5.6 United States --0.2% +14.4%

Source: Morgan Stanley Capital International