Wednesday, April 03, 2024

Thursday Watch

Night Trading 

  • Asian equity indices are unch. to +1.0% on average.
  • Asia Ex-Japan Investment Grade CDS Index 103.25 -.25 basis point.
  • China Sovereign CDS 72.0 -1.25 basis points.
  • China Iron Ore Spot 96.8 USD/Metric Tonne -2.8%.
  • Bloomberg Emerging Markets Currency Index 39.9 unch.
  • Bloomberg Global Risk-On/Risk Off Index 69.5 +1.2%.
  • Volatility Index(VIX) futures 15.6 -.3%.
  • Euro Stoxx 50 futures +.02%
  • S&P 500 futures +.20%.
  • NASDAQ 100 futures +.39%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon.  The Portfolio is 100% net long heading into the day.

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