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First Call

First Call November 22, 2019

Nov 22, 2019

Thomas Thornton

  • S&P futures up 0.2% in Friday morning trading though US equities still on track to snap a six-week winning streak.
  • US-China trade, flash PMIs for November and another batch of October quarter retail reports among the key areas of focus.
  • Most of the major benchmarks in Asia posted moderated gains but mainland China a notable laggard.
  • European equities are stronger.
  • Treasuries firmer across the curve. Dollar not doing much vs yen or euro. Gold up 0.5%. WTI crude down 0.2%.
  • Telsla "Cyber Truck" unveiling last night was a complete disaster and the stock is getting hit
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