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Senior Contributor

OptioinEye Global Macro Outlook - April 2nd

Good morning. 

 

The grain market continuing to add gains after last weeks strong performance after the report. This morning sees corn up 4, beans up 12 and wheat up 4 as well. 

 

The dollar is steady at 89.91 down .05. 

 

The stock market is pointing to a lower opening with the S&P future down over 6 points and the Dow future down 70. 

 

The 10 year yield trading in to 2.75%.

 

The crude oil market is higher at $65.24 up .30 cents and gold stands at $1332.24 up $7.24. 

 

Today we get Markit US PMI's, Construction Spending and the ISM numbers. 

 

Welcome back. 

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