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First Call

First Call July 20, 2020

Jul 20, 2020

Thomas Thornton

  • 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%.
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