First Call May 1, 2020

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

  • S&P futures down 2.2% in Friday morning trading though US equities on track for strong weekly gains.
  • Gameplan today: Watch the VWAP levels off premarket monitor page for a bounce attempt can move above these levels
  • Australia and Japan came under pressure overnight while most other Asian markets were closed for a holiday.
  • Most European markets also closed.
  • Treasuries mostly firmer with some curve flattening.
  • Dollar weaker vs both the yen and the euro.
  • Gold down 0.8%.
  • WTI crude off 1.2% but on track for a big weekly bounce.
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