Night Trading
- Asian equity indices are unch. to +1.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 68.75 -.75 basis point.
- China Sovereign CDS 33.25 unch.
- China Iron Ore Spot 96.90 USD/Metric Tonne +.8%.
- Crude Oil 94.59/bbl. -1.2%.
- Gold 4,384.0 USD/t oz. +.19%.
- Swiss Franc/Offshore Chinese Renminbi Cross 8.16 -.04%.
- Bloomberg Emerging Markets Currency Index 34.01 -.06%.
- Bloomberg Global Risk-On/Risk Off Index 133.1 +.1%.
- US 10-Year Yield 4.96% unch.
- Japan 30-Year Yield 4.08% n/a.
- Volatility Index(VIX) futures 17.4 +.2%.
- Euro Stoxx 50 futures +.24%.
- S&P 500 futures -.04%.
- NASDAQ 100 futures -.04%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and metals & mining 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