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First Call

First Call April 7, 2020

Apr 7, 2020

Thomas Thornton

  • S&P futures up 2.9% after US equities rallied sharply on Monday with the index hitting its highest closing level since March 13th.
  • Asian equities mostly higher overnight with India, China and Japan among the standouts while Australia ended down.
  • European markets seeing big gains.
  • Treasuries weaker with some curve deepening.
  • Dollar softer on the major crosses.
  • Gold up 0.9%.
  • WTI crude up 1.5% after losing 8% in the prior session.
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