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First Call

First Call January 31, 2020

Jan 31, 2020

Thomas Thornton

  • S&P futures down 0.5% and US equities on track for another down week.
  • Coronavirus, earnings, global economic data, and impeachment have received most of the attention today.
  • Asian markets mixed overnight. Japan a standout, up nearly 1%, while Hong Kong and South Korea extended losses.
  • Mainland China set to reopen on Monday.
  • European markets mostly lower.
  • Treasuries little changed but yields down notably on the week; 2Y yield lowest since September 2017.
  • Dollar slightly weaker on the major crosses. Gold down 0.2%. WTI crude up 0.4% but on track for fourth consecutive weekly drop.
  • TGIF...
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