Night Trading
- Asian equity indices are -.25% to +.50% on average.
- Asia Ex-Japan Investment Grade CDS Index 116.0 - basis points.
- China Sovereign CDS 70.75 -.25 basis point.
- China Iron Ore Spot 125.1 USD/Metric Tonne +.26%.
- Bloomberg Emerging Markets Currency Index 41.6 -.06%.
- Bloomberg Global Risk-On/Risk Off Index 65.8 +3.0%
- Bloomberg US Financial Conditions Index .12 -1.0 basis point.
- Volatility Index(VIX) futures 16.1 +.15%.
- Euro Stoxx 50 futures +.05%.
- S&P 500 futures -.11%.
- NASDAQ 100 futures -.15%.
BOTTOM LINE: Asian indices are mostly higher, boosted by tech and commodity shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 75% net long heading into the day.
No comments:
Post a Comment