Night Trading
- Asian equity indices are unch. to +1.0% on average.
- Asia Ex-Japan Investment Grade CDS Index 64.75 unch.
- China Sovereign CDS 41.5 unch.
- China Iron Ore Spot 106.3 USD/Metric Tonne +.5%.
- Swiss Franc/Offshore Chinese Renminbi Cross 8.95 unch.
- Bloomberg Emerging Markets Currency Index 36.34 -.02%.
- Bloomberg Global Risk-On/Risk Off Index 86.4 +.9%.
- US 10-Year Yield 3.98% unch.
- Volatility Index(VIX) futures 18.4 -.9%.
- Euro Stoxx 50 futures -.1%.
- S&P 500 futures +.1%.
- NASDAQ 100 futures +.2%.
BOTTOM LINE: Asian indices are mostly 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