FIrst Call April 29, 2021

by | Apr 29, 2021 | First Call

  • S&P futures up 0.7% in Thursday morning trading after US equities finished mostly lower in a rangebound Wednesday session that saw the S&P end little changed for a third straight day. Tech underperformed while energy rallied sharply.
  • Asian markets mostly higher overnight with Hong Kong a standout while South Korea lagged and Japan was closed.
  • European markets mixed with DAX down.
  • Treasuries unchanged to weaker toward the long end with 10-year yields back above 1.65%.
  • Dollar seeing solid gains vs the yen while a bit weaker vs euro.
  • Gold up 0.2%.
  • WTI crude up 1.9% after gaining 1.5% on Wednesday to close at a six-week high.
To access this post, current subscribers need to first log on or click here if you would like to learn more about becoming a subscriber to Hedge Fund Telemetry. If you need any assistance logging on or have questions about our membership plans, please email here. Thank you!