OptionEye Global Macro Outlook March 20th
Overnight sees corn 1 to 2 cents better, beans up 3 to 4 and wheat up 5 to 6. A much better start than yesterday morning.
The dollar is quiet at 89.90 up .14.
The stock market is trying to bounce back after yesterday's dismal performance. Currently the S&P future is steady to a bit easier and the Dow future is down 25.
The 10 year yield is holding in at 2.85%.
The crude oil market is a bit better at $62.66 up 60 cents and gold is quiet again at $1315.96 down .89 cents.
Today will be focussed on watching the Facebook/tech fallout.