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First Call

First Call February 13, 2020

Feb 13, 2020

Thomas Thornton

  • S&P futures down 0.6% after US equities extended last week's big bounce over the first three sessions of the week.
  • Asian markets mostly lower overnight with weakness led by mainland China, followed by relatively moderate declines in Japan, Hong Kong, and South Korea.
  • European markets under pressure.
  • Treasuries seeing strong gains across the curve.
  • Dollar weaker vs yen but better vs euro.
  • Gold up 0.4%. WTI crude down 0.5% after gaining 2.5% on Wednesday. IEA slashed the demand growth forecast.
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