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First Call April 1, 2020

by | Apr 1, 2020 | First Call | 0 comments

  • S&P futures down 3.3% after US equities suffered their worst quarter since the financial crisis, bringing the longest bull market in US history to an abrupt halt.
  • Asian markets mostly weaker overnight with Japan the big decliner, down 4.5%, followed by South Korea and Hong Kong.
  • European markets down big.
  • Treasuries are mostly stronger with the curve flattening.
  • Dollar seeing good gains vs euro and sterling and also a bit firmer vs yen.
  • Gold up 0.7%. WTI crude up 1.2%.
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