
Good morning Moomooers, equities performed well in Asia and Europe, after investors digested news in the Middle East. The MSCI Asia climbed 0.9%, the FTSE 100 Index increased by 0.19%, and the Stoxx Europe 600 Index gained 0.6%. Overall, the market keeps calm and doesn’t react too much. The VIX, the CBOE index which measures the volatility of the S&P 500 Index, opened at the resistance level around 16.5 on last trading day, but went down from that. The VIX jumped to this price at Dec. 4, when President Trump announced to raise tariffs on France.

Source: Mooomoo
If we check the equity put/call ratio, observing put and call options positions on the S&P 500 index, we will find investors are still optimistic about the market trend, as the value is 0.83, relatively low. From the historical perspective, if the equity put/call ratio is above 1.2, meaning that more puts are sold than the calls, people are suggesting that the market is going to decline. And if the ratio is below 0.7, showing excessive optimism, more people bet on a bullish market.

Source: Sentimentrader
We can also feel this calm sentiment in oil prices. Oil prices have a pullback to $63 per barrel. And the Brent Crude futures calendar shows that people are bearish on its price in a longer future.

Source: Market Watch

Source: ICE

Reporter:Celeste

早上好,在投资者消化了中东的消息后,亚洲和欧洲股市表现良好。摩根士丹利资本国际亚洲指数上涨0.9%,富时100指数上涨0.19%,斯托克欧洲600指数上涨0.6%。总的来说,市场保持平静,没有太多的反应。衡量标准普尔500指数波动性的CBOE指数VIX在上个交易日以16.5左右的阻力位开盘,但随后下跌。12月4日,特朗普总统宣布提高对法国的关税,VIX指数飙升至这一价格。

资料来源:Mooomoo
如果我们检查一下股票的看跌/看涨比率,观察标普500指数上的看跌和看跌期权头寸,我们会发现投资者仍然对市场趋势持乐观态度,因为其价值为0.83,相对较低。从历史的角度来看,如果股票的卖出/赎回比率高于1.2,意味着卖出的股票多于看涨的股票,那么人们就会认为市场将会下跌。如果这一比率低于0.7,表现出过度的乐观情绪,更多的人押注于看涨的市场。

资料来源:SentimenTrader
我们也能感受到油价的这种平静情绪。油价回落至每桶63美元。布伦特原油期货日历显示,在更长的将来,人们对布伦特原油的价格持悲观态度。

资料来源:市场观察

资料来源:冰

记者:塞莱斯特
Chinese Translation:
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