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First Call July 20, 2020
- S&P futures down 0.1%, off worst levels
- Asian markets mixed overnight.
- China the standout with the Shanghai Composite up more than 3% as CBIRC raised equity investment cap for insurers.
- European markets higher, reversing an early pullback.
- Treasuries unchanged to slightly firmer at the long end.
- Dollar stronger vs yen but lagging euro and sterling.
- Gold up 0.3%.
- WTI crude down 0.8%.