First Call August 28, 2019

Aug 28, 2019 | First Call

  • S&P futures down 0.3%, off best levels. S&P Futures are now below the VWAP from the Sunday open - details on note.
  • Asian markets narrowly mixed overnight.
  • European markets on the defensive.
  • Treasuries firmer with more curve flattening.
  • Dollar little changed vs yen and euro. Sterling weakness the big story in FX.
  • Gold up 0.2%. WTI crude up 1.3% after API data out after the close on Tuesday revealed a much bigger than expected 11.1M crude stockpile draw.