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Senior Contributor

OptionEye Global Macro Outlook December the 13th

Good morning. 


Overnight sees corn 1 to 2 better, beans 3 to 4 better and wheat up 2. 


The dollar is quiet at 93.97 down .12. 


The stock market is quiet with the S&P future basically unchanged and the Dow future up 2. 


The 10 year yield trades at 2.38%. 


The crude oil market is a bit higher but not really going anywhere at $57.67 up .53 cents and gold is lower again at $1241.35 down $3.25. 


Today we get MBA Mortgage Applications, CPI, Real Average Earnings and the all important Fed decision. Yesterday's PPI numbers came in a bit hotter than expected. 



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