My T-note and DXY usd dollar index

US markets are closed for the Presidents' Day holiday, but it hasn't prevented its pre-weekend gains giving a bullish tone to global equities.  The S&P 500 and NASDAQ recovered from early weakness to close at new record levels before the weekend.  Global equity markets are following suit today.   The MSCI Asia Pacific Index eked out a small gain (0.05%).  Japan's minor gain held back the regional index.  Without, the MSCI benchmark would have risen nearly 0.2%.  China's shares led the with the Shanghai Composite up 1.2%.  China's shares that trade in Hong Kong continue to perform well, rising another 0.8% to bring the year-to-date gains to an 11.2%.