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First Call August 5, 2019
- S&P futures down 1.4% after US equities suffered worst week of 2019 last week. Asian markets under pressure overnight. China and Japan down more than 1.5%, while Hong Kong down more than 2.5%. European equities also under pressure. Treasuries seeing big safe-haven rally across the curve after reaching 94% bulls. Dollar weak vs both yen and euro. Gold up 0.9%. WTI crude down 0.9%.
- Ugly day with China retaliating against Trump tariff increase threat