First Call January 4, 2021

by | Jan 4, 2021 | First Call

  • S&P futures up 0.45%, just off best levels, on the first day of 2021 trading.
  • Asian markets mostly higher overnight with South Korea, Australia, Taiwan, and Greater China among the standouts while Japan bucked the trend to end lower.
  • European markets seeing strong gains to start the year.
  • Treasuries are unchanged to slightly weaker.
  • Dollar under some pressure vs both the yen and the euro.
  • Gold up 2.2% after a 25% rally in 2020.
  • WTI crude down 0.5% after falling more than 20% last year
  • Bitcoin up 20% over the 3 day holiday weekend and it's dropped 20% from yesterday's top too
  • A few extra charts today
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