First Call August 5, 2019

Aug 5, 2019 | First Call

  • S&P futures down 1.4% after US equities suffered worst week of 2019 last week. Asian markets under pressure overnight. China and Japan down more than 1.5%, while Hong Kong down more than 2.5%. European equities also under pressure. Treasuries seeing big safe-haven rally across the curve after reaching 94% bulls. Dollar weak vs both yen and euro. Gold up 0.9%. WTI crude down 0.9%.
  • Ugly day with China retaliating against Trump tariff increase threat