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Senior Contributor
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Registered: ‎05-03-2010
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OptionEye Macro Outlook October 3rd

Good morning. 

 

Overnight sees corn down 2, beans down 2 and wheat unchanged. 

 

The dollar is basically unchanged at 93.62 up .06 .

 

Yesterday's manufacturing numbers were decent giving yields a boost. 

 

The 10 year yield sits at 2.35% after last months plunge close to 2.00%. 

 

The equity market will  open quiet as the S&P future is up just over a point and the Dow future is 28 points higher. 

 

The crude  oil market is sitting around $50 at $50.47 down .11 cents. Gold flat lining as well at $1271.27 up .34 cents. 

 

Today we get Wards Total Vehicle Sales and Wards Domestic Vehicle Sales.