Night Trading
- Asian equity indices are -.25% to +.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 102.75 -.25 basis point.
- China Sovereign CDS 71.0 unch.
- China Iron Ore Spot 101.6 USD/Metric Tonne +.2%.
- Bloomberg Emerging Markets Currency Index 39.6 -.05%.
- Bloomberg Global Risk-On/Risk Off Index 68.7 +1.1%.
- Volatility Index(VIX) futures 14.1 -.11%.
- Euro Stoxx 50 futures +.4%
- S&P 500 futures -.02%.
- NASDAQ 100 futures -.01%.
BOTTOM LINE: Asian indices are mostly higher, boosted by financial 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