Senior Contributor
Posts: 1,668
Registered: ‎05-03-2010

OptionEye Global Macro Outlook December the 7th

Good morning. 


Overnight sees corn steady to a bit better, beans 3 to 4 lower and wheat steady to a bit easier. 


The dollar is quiet at 93.65 up ,04. 


The stock market wants to open a bit higher this morning with the S&P future up over 5 points and the Dow future up 22. 


The 10 year yield stands at 2.33%. 


The crude oil market is a little better this morning at $56.22 up .26 cents while the gold market trades lower again to $1257.27 down $6.07. 


Today we get the Challenger Job Cuts, Initial Jobless Claims, Continuing Claims, the Bloomberg Consumer Comfort Index, Household Change in Net Worth and Consumer Credit.