First Call

First Call May 4, 2020

May 4, 2020

Thomas Thornton

  • S&P futures down 0.7%, but off worst levels in Monday morning trading after US equities finished mostly lower last week, giving back the solid gains seen early in the week on Thursday and Friday.
  • Asian markets mostly lower overnight though both China and Japan closed for the holiday.
  • European markets under pressure on their return from last Friday's holiday.
  • Treasuries firmer across the curve.
  • Dollar seeing good gains vs the euro and sterling but lagging against the yen.
  • Gold up 0.9%.
  • WTI crude down 5.2% after a 16.8% gain last week.
  • Here is the link and Password to access yesterday's webinar 7u?3*12i
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