Sunday, April 13, 2025

Monday Watch

Posted by Gary .....at 8:32 PM

Night Trading

  • Asian indices are +.75% to +1.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 115.75 -2.0 basis points.
  • China Sovereign CDS 73.0 -6.25 basis points.
  • China Iron Ore Spot 98.1 USD/Metric Tonne +1.0%.
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.92 -.22% 
  • Bloomberg Emerging Markets Currency Index 36.79 -.11%.
  • Bloomberg Global Risk-On/Risk Off Index 49.5 +.4%.
  • US 10-Year Yield 4.47% -2.0 bps
  • Volatility Index(VIX) futures 27.6 -4.5%. 
  • Euro Stoxx 50 futures +2.4%.
  • S&P 500 futures +.93%.
  • NASDAQ 100 futures +1.4%.

BOTTOM LINE: Asian indices are higher, boosted by technology and industrial shares in the region. I expect US stocks to open higher and to maintain gains into the afternoon.  The Portfolio is 75% net long heading into the week.

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)