First Call August 30, 2019

Aug 30, 2019 | First Call

THERE WILL NOT BE A DAILY NOTE PUBLISHED TODAY - I have meetings all day in NYC today.  I will respond back to all emails this weekend.

  • S&P futures up 0.5%, but off best levels. US equities on track for big gains this week following four straight weekly pullbacks.
  • Asian markets mostly higher overnight with Japan a standout, up more than 1%. However, China finished modestly lower.
  • European equities seeing good gains.
  • Treasuries unchanged to slightly weaker. 30-year bond still below 2% and 2-10 spread slightly inverted.
  • Dollar weaker vs yen but stronger vs euro. Gold down 0.2%. WTI crude off 1.5%.