OptionEye Global Macro Outlook April 3rd
Overnight sees corn steady to a tad easier, beans up over 6 and wheat up 4.
The dollar is steady at 89.91 down .13.
The stock market is pointing to a higher opening after yesterday's 'tech rejection'. The S&P future is up over 9 points and the Dow future up 44. Europe is off about 1% across the board in sympathy with the 2.00% down move in the States yesterday. Welcome back.
The 10 year yield stands right at 2.75%.
The crude oil market is trading at $63.45 down .44. The gold market is slightly lower at $1337.14 down $4.11.
Today we get the Wards Vehicle Sales numbers. All eyes will be watching any more moves in DC as well as any 'Amazon' rhetoric out of the Whitehouse.