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Senior Contributor

OptionEye Global Macro Outlook December the 4th

Good morning. 

 

Overnight sees corn up 1, beans on fire up almost 12 and wheat up 4. 

 

The dollar is a bit stronger this morning as it trades up to 93.21up .32. 

 

The stock market recovered from its flash crash and is up this morning. The S&P future is up 12.50 points and the Dow future is up a whopping 190. 

 

The 10 year yield sits at just below that 2.40% level and struggling to break it at 2.38%. 

 

The crude oil market is trading at $57.79 down .57 cents while gold trades lower to $1273.91 down $6.59. 

 

Today we get Factory Orders, Durable Goods and Capital Goods.

 

Welcome to the week. 

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