Oil, metals, developed equities best performers of 2016; emerging markets struggle

Oil was the world's best-performing asset class in 2016, after being the worst in each of the two previous years. 

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Brent crude was on track for a gain of around50%, following a 35% tumble in 2015. 

 

Copper was up around 16 % in 2016, compared with the previous year's 26 % plunge. 

 

 In China, an infrastructure and housing boom sparked a months' long rally in materials prices, with iron ore futures surging 170 % and coking coal more than doubling. 

 

 The dollar index gained about 4 % this year, or less than half of its 9.3 % advance in 2015.MSCI frontier stocks were down about 2 %, compared with a 7 % gain for MSCI developed equities. Shanghai A shares, which rose 4.4 % in 2015, about dropped 18 % in 2016.

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