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First Call

First Call May 27, 2020

May 27, 2020

Thomas Thornton

  • S&P futures up 1.1%, just off best levels, after US equities rallied again on Tuesday but finished off their best levels for the session.
  • Covering a short on the Trade Ideas sheet this morning
  • Asian markets mixed overnight with Japan, Taiwan, and South Korea the better performers while Greater China and Australia lagged.
  • European stocks building on the strength seen over the first two days of the week.
  • Treasuries are little changed.
  • Dollar a bit firmer vs yen but weaker again vs the euro.
  • Gold down 0.5%.
  • WTI crude off 1.0%.
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