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First Call

First Call June 25, 2020

Jun 25, 2020

Thomas Thornton

  • S&P futures down 0.85% in choppy trading after US equities came under pressure on Wednesday with the S&P down the most in two weeks.
  • Equity bullish sentiment now starting to show signs of a top
  • Asian markets lower overnight with Australia, South Korea, and Japan the big decliners while markets in China, Hong Kong, and Taiwan were all closed for the holiday.
  • European markets are slightly higher.
  • Treasuries are mostly stronger with some curve flattening.
  • Dollar better vs both yen and euro.
  • Gold down 0.1%.
  • WTI crude off 1.6%.
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