Night Trading
- Asian equity indices are -.75% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 96.5 +.25 basis point.
- China Sovereign CDS 65.25 +.25 basis point.
- China Iron Ore Spot 100.1 USD/Metric Tonne +1.0%
- Bloomberg Emerging Markets Currency Index 39.0 -.02%.
- Bloomberg Global Risk-On/Risk Off Index 51.3 +2.7%.
- Volatility Index(VIX) futures 16.4 -.8%.
- Euro Stoxx 50 futures unch.
- S&P 500 futures +.12%.
- NASDAQ 100 futures +.55%.
BOTTOM LINE: Asian indices are mostly lower, weighed down by healthcare and financial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 75% net long heading into the day.
No comments:
Post a Comment