Night Trading
- Asian equity indices are -.25% to +.75% on average.
- Asia Ex-Japan Investment Grade CDS Index 71.25 unch.
- China Sovereign CDS 36.5 unch.
- China Iron Ore Spot 90.80 USD/Metric Tonne +.2%.
- Crude Oil 95.01/bbl. +.9%.
- Gold 4,179.60 USD/t oz. +.06%.
- Swiss Franc/Offshore Chinese Renminbi Cross 8.04 +.03%.
- Bloomberg Emerging Markets Currency Index 33.64 -.01%.
- Bloomberg Global Risk-On/Risk Off Index 136.50 +.5%.
- US 10-Year Yield 5.22% +1.0 basis point
- Japan 30-Year Yield 4.06% unch.
- Volatility Index(VIX) futures 17.6 -.3%.
- Euro Stoxx 50 futures +.27%.
- S&P 500 futures +.04%.
- NASDAQ 100 futures +.07%.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and energy 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