First Call June 9, 2020

by | Jun 9, 2020 | First Call

  • S&P futures down 1.0%
  • Global equity bullish sentiment is at peak levels with most over 90%
  • Asian equities mostly higher overnight with Australia and Hong Kong the standouts while Japan declined.
  • European equities under some pressure.
  • Treasuries stronger with the curve bull flattening.
  • Dollar extending its recent weakness vs the yen but firmer vs euro and sterling.
  • Gold up 0.7%.
  • WTI crude down 1.0%, off worst levels.
  • I will be posting a shorter Daily Note early today
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