Night Trading
- Asian equity indices are -.25% to +.75% on average.
- Asia Ex-Japan Investment Grade CDS Index 99.5 -.5 basis point.
- China Sovereign CDS 65.25 -.75 basis point.
- China Iron Ore Spot 107.3 USD/Metric Tonne -1.8%.
- Bloomberg Emerging Markets Currency Index 40.0 -.03%.
- Bloomberg Global Risk-On/Risk Off Index 67.0 -.9%.
- Volatility Index(VIX) futures 15.1 unch.
- Euro Stoxx 50 futures +.20%
- S&P 500 futures +.04%.
- NASDAQ 100 futures +.02%.
BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the day.
No comments:
Post a Comment