Night Trading
- Asian equity indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 102.5 +1.75 basis points.
- China Sovereign CDS 67.5 +1.75 basis points.
- China Iron Ore Spot 113.2 USD/Metric Tonne -1.1%.
- Bloomberg Emerging Markets Currency Index 40.0 -.09%.
- Bloomberg Global Risk-On/Risk Off Index 67.6 +.1%.
- Volatility Index(VIX) futures 15.6 -.04%.
- Euro Stoxx 50 futures -.10%
- S&P 500 futures +.02%.
- NASDAQ 100 futures +.20%.
BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and technology shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower. The Portfolio is 50% net long heading into the day.
No comments:
Post a Comment