Tuesday, February 25, 2025

Wednesday Watch

Night Trading 

  • Asian equity indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 68.5 -.5 basis point.
  • China Sovereign CDS 46.75 -.75 basis point.
  • China Iron Ore Spot 106.3 USD/Metric Tonne +.3%
  • Bloomberg Emerging Markets Currency Index 37.3 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 72.1 -.4%.
  • Volatility Index(VIX) futures 18.3 -1.0%.
  • Euro Stoxx 50 futures +.40%.
  • S&P 500 futures +.19%.
  • NASDAQ 100 futures +.32%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by real estate and industrial shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 50% net long heading into the day.

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