Night Trading
- Asian equity indices are -.75% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 91.0 -1.0 basis point.
- China Sovereign CDS 56.25 -1.25 basis points.
- China Iron Ore Spot 107.2 USD/Metric Tonne -.7%.
- Bloomberg Emerging Markets Currency Index 39.3 -.14%.
- Bloomberg Global Risk-On/Risk Off Index 60.3 +2.2%.
- Volatility Index(VIX) futures 14.2 +.02%.
- Euro Stoxx 50 futures n/a.
- S&P 500 futures +.02%.
- NASDAQ 100 futures -.04%.
BOTTOM LINE: Asian indices are mostly lower, weighed down by technology and consumer shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 75% net long heading into the day.
1 comment:
Thank You. You were missed.
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