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First Call August 15, 2019
- S&P futures up 0.6%, off worst levels after negative China "Countermeasures" announcement followed with some optimistic comments.
- Asian equities mostly overnight with Japan down over 1%, though Greater China posted moderate gains with Hong Kong a standout.
- European markets weaker.
- Treasuries extending their recent rally with 30-year bond below 2% for first time ever. 2-10 spread briefly inverted again. Dollar firmer vs yen but weaker vs euro.
- Gold down 0.2%. WTI crude down 1.2%.