Hedge Fund Live's  Instablog

Hedge Fund Live
Send Message
Jeremy Frommer, CEO of Hedge Fund LIVE Jeremy Frommer has 20 years of industry experience and is currently responsible for general management and leadership of the General Partner. Previously, Mr. Frommer was a Managing Director and Head of the Global Prime Services Group (“GPS”) at RBC Capital... More
My company:
Hedge Fund LIVE
My blog:
Hedge Fund Live
  • Friday Morning Recap: Options Expiration Day  0 comments
    May 20, 2011 9:40 AM

     HedgeFundLIVE.com – Morning Notes

    - BOJ rate decision out last night- left unch’d at 0.1%
    - Recall: BOJ commenced a two day meeting yesterday and there was no mention of expanding Japan’s asset buying program
    - Nikkei closed down small, 10bps
    - Hang Seng closed up 20bps while Shanghai closed unch’d
    - In Europe, bourses saw early strength and all major indices were in the green
    - German PPI came in higher than expectations
    - Reports out in Germany that Bundesbank warned German economy may lose some momentum after a strong first quarter
    - Other reports out that ECB is concerned about its balance sheet and that Spain may have hidden debt
    - Commodities started off strong, relatively quiet
    - Dollar up small; euro is weak
    - S&P futures trading lower, down 3.5 handles from FV in the premarket
    - Note that today is options expiration; may see some volatility as a result

Back To Hedge Fund Live's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.