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First Call

First Call September 28, 2020

Sep 28, 2020

Thomas Thornton

  • S&P futures up 1.3% after US equities suffered their first four-week losing streak last week for the first time in over a year.
  • Asian equities higher overnight with Japan, South Korea, and Hong Kong all gaining more than 1% though China ended slightly lower. European markets rallying with bank stocks among the best performers.
  • Europe is also strong following US markets on Friday.
  • Treasuries are unchanged to slightly weaker.
  • Dollar weaker on the major crosses. Sterling a notable outperformed.
  • Gold down 0.2% after losing nearly 5% last week.
  • WTI crude up 0.5% following a 2.5%+ pullback last week.
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