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First Call

First Call November 16, 2020

Nov 16, 2020

Thomas Thornton

  • S&P futures up 1.1%, a bit off best levels with Nasdaq futures down 0.33%. It's a similar albeit less pronounced premarket as last Monday after vaccine news
  • Asian markets higher overnight with Japan a standout, up over 2%, while China gained more than 1%.
  • European equities seeing good gains, extending their recent rally.
  • Treasuries are firmer with the curve flattening.
  • Dollar slightly weaker vs euro and better on yen cross.
  • Gold down 0.7%.
  • WTI crude up 3.8%.
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