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First Call September 8, 2020

by | Sep 8, 2020 | First Call | 0 comments

  • S&P futures down 1.2%, near worst levels, after US equities finished lower last week with the S&P and Nasdaq both snapping big five-week winning streaks.
  • Asian equities higher overnight with Australia a standout, followed by Japan, South Korea, China, and Taiwan.
  • European markets weaker after seeing strong gains on Monday.
  • Treasuries firmer with some curve flattening.
  • Dollar slightly better vs euro, little changed on yen cross.
  • Sterling weakness still the big story in FX on the latest flare-up in Brexit concerns.
  • Gold off 0.7%.
  • WTI crude down 5.5% amid concerns about Saudi Arabia cut pricing for October sales.
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