cancel
Showing results for 
Search instead for 
Did you mean: 
ShelladyOptions
Senior Contributor

OptionEye Global Macro Outlook January 17th

Good morning. 

 

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. 

 

 

0 Kudos