Night Trading
- Asian equity indices are unch. to +1.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 76.75 +.25 basis point.
- China Sovereign CDS 57.75 +1.75 basis points.
- China Iron Ore Spot 105.2 USD/Metric Tonne +1.4%
- Bloomberg Emerging Markets Currency Index 37.1 -.03%.
- Bloomberg Global Risk-On/Risk Off Index 71.0 +.8%.
- Volatility Index(VIX) futures 17.5 -.2%.
- Euro Stoxx 50 futures +.44%.
- S&P 500 futures +.13%.
- NASDAQ 100 futures +.1%.
BOTTOM LINE: Asian indices are modestly 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.
No comments:
Post a Comment