Wednesday, September 25, 2024

Thursday Watch

Night Trading 

  • Asian equity indices are +.75% to +1.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 70.5 unch.
  • China Sovereign CDS 61.0 +.25 basis point.
  • China Iron Ore Spot 96.2 USD/Metric Tonne -.%
  • Bloomberg Emerging Markets Currency Index 39.0 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 56.8 +3.2%.
  • Volatility Index(VIX) futures 18.2 -.8%.
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures +.22%.
  • NASDAQ 100 futures +.52%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by consumer 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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