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OptionEye Macro Outlook September 7th

Good morning. 

 

Overnight sees corn down 1 to 2, beans up 2 to 3 and wheat down 1 .

 

The dollar is weaker at 91.88 down .40 in early trade. 

 

The stock market futures point to a lower open with the S&P future down 1.50 points and the Dow future down 16 .

 

The 10 year yield up just a bit at 2.08% this morning still telling me to be careful. 

 

The oil  market getting holding that $49.00 level at $49.01 down .15 cents. Gold is a bit higher at $1339.70 up $5.50. 

 

Today we get Initial Jobless Claims, Continuing Claims, Non Farm Productivity, Unit Labor Costs and the Bloomberg Consumer Comfort Index.