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First Call

First Call November 6, 2019

Nov 6, 2019

Thomas Thornton

  • S&P futures little changed after US equities finished mostly higher on Tuesday as the cyclical rotation continued.
  • Asian markets mostly higher overnight, though upside was limited and China and Australia saw pullbacks. European stocks mostly higher.
  • Treasuries firmer following a big backup in yields over the last couple of sessions.
  • Dollar a bit weaker vs both yen and euro after some notable gains earlier this week. Gold up 0.1%. WTI crude down 0.2%.
  • Bullish sentiment ticked down slightly however it remains in the extreme zone - I'll have more on today's note
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