First Call

First Call April 27, 2020

Apr 27, 2020

Thomas Thornton

  • S&P futures up 0.9% after US equities came under some pressure last week following big gains in the prior two weeks. Only 2 of the large US sectors were up last week.
  • Asian markets higher overnight with Japan and Taiwan the standouts, up more than 2%, while China lagged.
  • European markets seeing big gains.
  • Treasuries weaker across the curve.
  • Dollar lagging on the major crosses after solid gains last week.
  • Gold up 0.3%.
  • WTI crude down 20% after plunging 32.3% last week, its biggest one-week decline in history.
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