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Senior Contributor
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Registered: ‎05-03-2010
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OptionEye Macro Outlook October 6th

Good morning., 

 

Non Farm day today.

 

Overnight sees corn steady to a bit lower, beans down 1 and wheat down 1 as well. 

 

The dollar is basically unchanged but strong in the scheme of things at 93.97 up .01. 

 

The stock market looks to open a tad lower this morning with the S&P future down just over a point and the Dow future down 9. 

 

The 10 year yield getting a bit stronger at 2.36% this morning. 

 

The crude oil market still just above $50 at $50.28 down .51 cents. Gold is quiet and trades at $1268..29 up .88 cents. 

 

Today we get the jobs numbers as well as the Unemployment Rate, Average Hourly Earnings, the Labor Force Participation Rate and Wholesale Inventories. 

 

Have a great weekend.