Sunday, August 16, 2026

Monday Watch

Night Trading

  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 67.5 unch.
  • China Sovereign CDS 36.5 unch.
  • China Iron Ore Spot 96.05 USD/Metric Tonne +.09%.
  • Crude Oil 82.20/bbl. -.3%
  • Gold 4,464.0 USD/t oz. +.62% 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.30 -.12%. 
  • Bloomberg Emerging Markets Currency Index 34.4 +.01%.
  • Bloomberg Global Risk-On/Risk Off Index 129.8 +.2%.
  • US 10-Year Yield 4.68% -1.0 basis point. 
  • Japan 30-Year Yield 4.06% +3.0 basis points. 
  • Volatility Index(VIX) futures 18.0 +.2%. 
  • Euro Stoxx 50 futures +.21%.
  • S&P 500 futures +.08%.
  • NASDAQ 100 futures +.25%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by real estate and utility 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 week.

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