- S&P futures down 0.4% in Wednesday morning trading. In the last hour futures have faded a little due to a story out with Bernies Sanders to become chair of the Senate Budget Committee and wants any stimulus bill to “raise revenue in a progressive manner” (i.e. tax hikes)
- Asian equities mixed overnight with Japan a standout, up just over 1%, while Hong Kong and China saw modest pullbacks.
- European equities mostly lower.
- Treasuries unchanged to stronger at the long end.
- Dollar firmer vs yen and euro, a bit weaker against sterling.
- Gold up 0.6%.
- WTI crude up 0.4%.
- Bond bullish sentiment is at 41% vs 43%
First Call
First Call January 13, 2021
