First Call

First Call August 17, 2021

Aug 17, 2021

Dave Newman

  • S&P futures down 0.6% at lows after US equities put in a mixed performance on Monday, finishing around their best levels for the session with the S&P 500 posting a fifth-straight record close.
  • Asian markets were weaker overnight with China’s Shanghai Composite down 2% and Hong Kong off more than 1.5%.  (Continue to avoid China and KWEB chart below)
  • European markets are weaker. 
  • Treasuries are mostly firmer with more curve flattening. 10-year yields below 1.25%. 
  • Dollar little changed vs yen and euro. 
  • Gold up 0.3%. 
  • Bitcoin up 1.8%. 
  • WTI crude off 0.7%.
  • Expect the 13F quarterly note with Hedge Fund Holdings and another great note from Dave Newman

 

To access this post, you must purchase Small Institutions, Retail, Private Investors or Private Investors 2024.
If you already have an account please