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Daily Note

First Call And Some Extra Charts August 21, 2020

Aug 21, 2020

Thomas Thornton

  • TODAY'S FIRST CALL EXTRA MIGHT BE THE ONLY NOTE TODAY AS WE ARE MOVING TO NEW OFFICE
  • S&P futures down 0.7% in Friday morning trading, near worst levels. US equities currently on track for a mixed performance this week with growth and momentum factors a standout while value and cyclicals have come under some pressure.
  • Asian markets mostly higher overnight with Hong Kong and South Korea the standouts while Australia was the lone declined.
  • European markets mostly higher though upside limited.
  • Treasuries mixed with the curve flattening.
  • Dollar seeing good gains on the euro cross but not doing much vs yen.
  • Gold down 1.3%.
  • WTI crude down 1.4%.
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