First Call December 28, 2020

Dec 28, 2020 | First Call

  • US equity futures up 0.7% in Monday premarket trading.
  • Trump signing the $900B COVID bill helping futures higher
  • Asian markets mostly higher though China a laggard.
  • European stocks higher, while the UK closed for Boxing Day.
  • Euro Stoxx 50 and 600 with upside DeMark exhaustion signals
  • Treasuries weaker with curve steepening.
  • Dollar firmer against the euro and a touch better on the yen cross.
  • Sterling the big story in FX, sharply higher after this weekend's Brexit deal.
  • Gold up 0.2%.
  • WTI crude up 0.4% after finishing down last week for the first time in eight weeks.