Sunday, May 31, 2026

Monday Watch

Posted by Gary .....at 9:07 PM

Night Trading

  • Asian indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 71.25 -.25 basis point.
  • China Sovereign CDS 39.5 -.25 basis point.
  • China Iron Ore Spot 104.9 USD/Metric Tonne -.5%.
  • Crude Oil 89.50/bbl. +2.4%
  • Gold 4,572.7 USD/t oz. -.44% 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.64 +.18%. 
  • Bloomberg Emerging Markets Currency Index 35.31 -.08%.
  • Bloomberg Global Risk-On/Risk Off Index 123.5 +.7%.
  • US 10-Year Yield 4.47% +3.0 basis points. 
  • Japan 30-Year Yield 3.94% +1.0 basis point. 
  • Volatility Index(VIX) futures 20.0 +.33%. 
  • Euro Stoxx 50 futures -.26%.
  • S&P 500 futures +.23%.
  • NASDAQ 100 futures +.47%.

BOTTOM LINE: Asian indices are mostly higher, boosted by financial and technology shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 100% Net Long heading into the week.

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