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OptionEye Macro Outlook February 14th

[ Edited ]

Good morning. 

 

Overnight sees corn down just over a penny, beans down 5 to 6 cents and wheat down 3 to 4. 

 

The dollar is basically unchanged at 100.88 down .08. 

 

The 10 year yield rising to 2.44% but still stuck in the range of 2.35% to 2.50%.

 

The stock market will open a little lower this morning with the S&P future off just over 2 points and the Dow future lower by 18 .

 

The crude market still stuck between $50 and $55 at $53.35 up .42 cents and gold is a little higher at $1228.96 up $3.78. 

 

Today we get NFIB Small Business Optimism and PPI .

 

Happy Valentines Day.