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ShelladyOptions
Senior Contributor

OptionEye Global Macro Outlook April 23rd

Good morning. 

 

Overnight sees corn up 1, beans up 2 and wheat up over 1. 

 

The dollar is getting a tad stronger at 90.55 up .23. 

 

The stock market points to a lower opening with the S&P future down 4 points and the Dow future down 56. 

 

The 10 year yield making a move to 3.00% this morning and currently trades at 2.98%. 

 

The crude oil market is part of the 10 year driver but is lower today at $68.14 down .26 cents. Gold slipping to $1331.25 down $4.35. 

 

Today we get the Chicago Fed National Activity Index, the Markit US PMI's and Existing Home Sales.

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