First Call July 16, 2020

by | Jul 16, 2020 | First Call

  • S&P futures down 0.65%, just off worst levels.
  • Bank of America down 3% after earnings
  • Asian markets lower overnight with China coming under outsized pressure as the Shanghai Composite fell 4.5% and the Shenzen lost more than 5%. Hong Kong down 2.5%.
  • European equities are weaker.
  • Treasuries unchanged to slightly firmer with some curve flattening.
  • Dollar slightly stronger vs yen and euro.
  • Gold down 0.3%.
  • WTI crude down 1.2%.
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