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First Call

First Call May 18, 2020

May 18, 2020

Thomas Thornton

  • S&P futures up 2.2% after US equities suffered their biggest weekly percentage decline in nearly two months last week.
  • Asian markets mostly higher overnight with Australia up sharply, followed by moderate gains in Hong Kong, South Korea, and Japan, while Mainland China was mixed.
  • European markets seeing big gains.
  • Treasuries are mostly weaker.
  • Dollar firmer vs yen and little changed vs euro.
  • Gold up 0.9%. Silver up 5%.
  • WTI crude 8.8%.
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