Night Trading
- Asian equity indices are -.25% to +.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 100.0 +.5 basis point.
- China Sovereign CDS 68.0 +.75 basis point.
- China Iron Ore Spot 103.3 USD/Metric Tonne +.7%.
- Bloomberg Emerging Markets Currency Index 39.1 unch.
- Bloomberg Global Risk-On/Risk Off Index 56.6 -.9%.
- Volatility Index(VIX) futures 14.5 +.4%.
- Euro Stoxx 50 futures -.56%.
- S&P 500 futures -.01%.
- NASDAQ 100 futures +.04%.
BOTTOM LINE: Asian indices are mostly higher, boosted by commodity and industrial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.
No comments:
Post a Comment