Night Trading
- Asian equity indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 68.75 unch.
- China Sovereign CDS 41.0 +.25 basis point.
- China Iron Ore Spot 103.6 USD/Metric Tonne -1.5%.
- Polymarket: Which Countries Will the US Agree to Tariff Agreements with Before August?
- EU 59.0% +2.0 percentage points
- India 25.0% +4.0 percentage points.
- South Korea 49.0% -12.0 percentage points.
- Mexico 32.0% +11.0 percentage points.
- Swiss Franc/Offshore Chinese Renminbi Cross 8.99 -.04%.
- Bloomberg Emerging Markets Currency Index 36.8 +.14%.
- Bloomberg Global Risk-On/Risk Off Index 80.9 -1.2%.
- US 10-Year Yield 4.39% -1.0 basis point.
- Volatility Index(VIX) futures 18.0 -.7%.
- Euro Stoxx 50 futures unch.
- S&P 500 futures +.20%.
- NASDAQ 100 futures +.16%.
BOTTOM LINE: Asian indices are mostly lower, weighed down by metals & mining and consumer 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