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Senior Contributor

OptioinEye Global Macro Outlook - March 16th

Good morning. 


Overnight sees corn down 1, beans up 5 and wheat down 5. 


The dollar is a little weaker at 89.97 down .16 on the day. 


The stock market is pointing to a mixed opening with the S&P future up 2 points and the Dow future down 6. 


The 10 year yield 2.83% and is slowly climbing. 


The crude oil market is quiet and trades at $61.34 up .15 cents while gold stands at $1318.16 up $1.87. 


Today we get Housing Starts, Building Permits, Industrial Production, Manufacturing Production, Capacity Utilization , JOLTS Job Openings and University of Michigan Sentiment Index. 


Have a great weekend. 

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