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First Call: June 5, 2019
S&P futures up 0.6% after US equities rallied the most since early January on Tuesday with upside leadership from cyclical pockets of the market. Asian markets mostly higher overnight. Japan a standout, up more than 1.5%, while China a notable laggard. European markets seeing solid gains. Treasuries mixed with curve steepening following yesterday's bearish flattening move. Dollar firmer vs yen, but slight laggard vs euro. Gold up 0.8%. WTI crude off 1.0% following API data last night.