OptioinEye Global Macro Outlook - May 10th
Overnight sees corn up 1, beans up 4 and wheat up 2.
The dollar is a little weaker at 92.91 down .12.
The stock market looks to open a bit better with the S&P future up over 5 points and the Dow future up 35.
The 10 year yield trades at 2.97%.
The crude oil market is higher again at $71.65 up .51 cents while gold is trading at $1315.04 up $2.33.
Today we get Initial Jobless Claims, Continuing Claims, CPI, Real Average Hourly Earnings, the Bloomberg Consumer Confidence Index and the Monthly Budget Statement.