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Senior Contributor

OptionEye Global Macro Outlook April 3rd

Good morning. 

 

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. 

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