OptionEye Global Macro Outlook January 17th
Overnight sees corn sharply unchanged, beans down 1 and wheat steady to a tad easier.
The dollar is slightly stronger at 90.57 up .18.
The stock market looks to open higher (again) with the S&P future up over5 points in early trade and the Dow future up 109.
The 10 year yield moving a bit higher to 2.55%.
The crude oil market off a bit at $63.33 down .40 cents and the gold market pretty flat at $1338.40 down .03 cents.
Today we get MBA Mortgage Applications, Industrial Production, Capacity Utilization, Manufacturing Production, the Fed's Beige Book, Total Net TIC Flows and Total Long-term TIC Flows.