OptionEye Global Macro Outlook January 5th
Overnight sees corn up 1, beans up 8 and wheat down 1.
The dollar is a little stronger this morning at 92.05 up .19.
Today is non-farm day so these prices are hanging in purgatory.
The stock market looks to open higher this morning with the S&P future up over 7 points and the Dow future up 75.
The 10 year yield trading sideways at 2.46%.
The crude oil market pretty quiet as well at $61.40 down .61 cents. The gold market is lower too at $1317.03 down $5.72.
Today we get Non-farm Payrolls, the Unemployment Rate, Average Hourly Earnings, the Labour Force Participation Rate, the Trade Balance, ISM and Factory Orders.