Sunday, June 21, 2026

Monday Watch

Night Trading

  • Asian indices are +.25% to +1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 68.0 -.25 basis point.
  • China Sovereign CDS 38.5 -.5 basis point.
  • China Iron Ore Spot 99.10 USD/Metric Tonne +.5%.
  • Crude Oil 77.52/bbl. +1.2%
  • Gold 4,225.40 USD/t oz. -.5%. 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.40 -.08%. 
  • Bloomberg Emerging Markets Currency Index 34.97 -.01%.
  • Bloomberg Global Risk-On/Risk Off Index 124.7 +.4%.
  • US 10-Year Yield 4.48% +2.0 basis points. 
  • Japan 30-Year Yield 3.88% +4.0 basis points. 
  • Volatility Index(VIX) futures 18.5 -.1%. 
  • Euro Stoxx 50 futures -.17%.
  • S&P 500 futures -.24%.
  • NASDAQ 100 futures -.30%.

BOTTOM LINE: Asian indices are sharply higher, boosted by industrial and technology 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 week.

No comments: