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OptionEye Macro Outlook July the 12th

Good morning. 

 

Overnight corn as volatile as can be and trades down 6 cents, beans are down and wheat is down 6 as well. 

 

The dollar is basically unchanged at 95.74 down .07. 

 

The stock market wants to open a little better with the S&P future up 3.75 points and the Dow future up 31 points. 

 

Oil is up at $45.66 up .62 cents and gold is still hovering at $1215.01 down $2.79.

 

The 10 year yield is at 2.33% and it's creeping in a bit. 

 

Today we get MBA Mortgage Applications and the Beige Book.