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First Call

First Call July 24, 2020

Jul 24, 2020

Thomas Thornton

  • S&P futures down 0.3% in Friday morning trading, off worst levels.
  • FANG group down for the sixth time in the last nine days on Thursday.
  • Asian markets weaker overnight with China a notable decliner, down nearly 4%. Japan remained closed for a holiday.
  • European markets under pressure. Treasuries are mostly weaker with more curve flattening.
  • Dollar particularly soft on the yen cross while also weaker vs the euro.
  • Gold up 0.1%.
  • WTI crude up 0.9%
  • There will not be a Daily Note published today 
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