First Call July 26, 2021

by | Jul 26, 2021 | First Call

  • S&P futures down 0.2%, off worst levels, after US equities finished higher last week with growth extending its outperformance over value.
  • Asian markets mostly weaker overnight with Hong Kong down over 4% and China down nearly 2.5%, though Japan bucked the trend as it returned following a two-day holiday to gain over 1%.
  • European markets weaker.
  • Treasuries rallying with 10-year year yields back below 1.25%.
  • Dollar lagging on the major crosses.
  • Gold up 0.4%.
  • Bitcoin futures up nearly 20% on AMZN hiring headlines and short covering.
  • WTI crude down 0.7%.
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!