Night Trading
- Asian equity indices are unch. to +1.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 76.5 +3.5 basis points(new series).
- China Sovereign CDS 45.5 -2.5 basis points.
- China Iron Ore Spot 99.9 USD/Metric Tonne -.4%
- Bloomberg Emerging Markets Currency Index 37.0 -.02%.
- Bloomberg Global Risk-On/Risk Off Index 74.7 -.1%.
- Volatility Index(VIX) futures 19.5 -1.3%.
- Euro Stoxx 50 futures +.2%
- S&P 500 futures +.26%.
- NASDAQ 100 futures +.33%.
BOTTOM LINE: Asian indices are modestly higher, boosted by tech and financial 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.
No comments:
Post a Comment