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First Call

First Call April 15, 2020

Apr 15, 2020

Thomas Thornton

  • S&P futures down 2.1%, near worst levels, in Wednesday morning trading. Follows big gains on Tuesday when the index finished up over 3%.
  • Asian markets mostly lower overnight. Hong Kong the worst performer, down over 1%, while Taiwan rallied over 1.5%.
  • European markets are weaker.
  • Treasuries seeing good gains with some curve flattening.
  • Dollar firmer on the major crosses, particularly against sterling.
  • Gold down 1.1% after hitting eight-year high yesterday.
  • WTI crude off 2.2, back below $20/barrel.
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