Night Trading
- Asian equity indices are -.25% to +.75% on average.
- Asia Ex-Japan Investment Grade CDS Index 93.75 -2.5 basis points.
- China Sovereign CDS 61.25 -3.25 basis points.
- China Iron Ore Spot 113.1 USD/Metric Tonne -.06%.
- Bloomberg Emerging Markets Currency Index 39.2 -.08%.
- Bloomberg Global Risk-On/Risk Off Index 62.8 +4.2%.
- Volatility Index(VIX) futures 14.3 -.6%.
- Euro Stoxx 50 futures +.08%.
- S&P 500 futures +.04%.
- NASDAQ 100 futures -.03%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial 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.
1 comment:
Hello sir - where are you at? Looking forward to your updates. Thank you.
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