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Senior Contributor

OptionEye Global Macro Outlook March 29th

Good morning. 

 

Overnight sees corn steady, beans steady and wheat down 1. 

 

The dollar is inching higher at 90.09 up .03. 

 

End of month, end of quarter and some big numbers in Ags today. 

 

The stock market looks to a bit higher at the moment with the S&P future up almost 2 points and the Dow future up 15. 

 

The 10 year yield stands at 2.76%. 

 

The crude oil market is a bit higher at $64.59 up .21 cents and gold is steady at $1324.86 down .19 cents. 

 

Besides the grains today we get the Annual Revisions to Initial Jobless Claims, Initial Jobless Claims, Continuing Claims, Personal Income, Real Personal Spending, the PCE numbers, the Chicago Purchasing Managers Index, the Bloomberg Consumer Comfort Index and the University of Michigan Sentiment Surveys. 

 

Happy Easter.

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