First Call March 4, 2021

Mar 4, 2021 | First Call

  • S&P futures down 0.2% off the lows.
  • More Erlanger ETS sell signals
  • Extra charts on today's notes: currencies, US 10 year yield, WTI, and Brent crude
  • Euro Stoxx 600 DeMark Observations
  • Asian markets weaker overnight with Japan, China, and Hong Kong all down over 2%.
  • European equities are weaker.
  • Treasuries slightly firmer after coming under renewed pressure on Wednesday.
  • Dollar stronger on the major crosses.
  • Gold off 0.4%.
  • WTI crude down 1% after gaining more than 2.5% in the prior session on reports OPEC+ may dial back supply curbs by less than expected.