Wednesday, January 15, 2025

Thursday Watch

Night Trading 

  • Asian equity indices are +.25% to +1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 77.25 -2.25 basis points.
  • China Sovereign CDS 54.75 -4.0 basis points.
  • China Iron Ore Spot 101.6 USD/Metric Tonne +1.0%
  • Bloomberg Emerging Markets Currency Index 36.9 -.01%.
  • Bloomberg Global Risk-On/Risk Off Index 73.9 +.4%.
  • Volatility Index(VIX) futures 17.2 +.5%.
  • Euro Stoxx 50 futures -.20%.
  • S&P 500 futures +.07%.
  • NASDAQ 100 futures +.06%.  
Morning Preview Links

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.

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