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Senior Contributor

OptionEye Global Macro Outlook March 6th

Good morning. 

 

Overnight sees corn down 1, beans down 1 and wheat down 5. 

 

The dollar is quiet and a bit weaker at 89.95 down .12. 

 

The stock market was on a rocket shot yesterday and this morning looks to be continuing that move. The S&P future is up 4 points and the Dow future is up 53. 

 

The 10 year yield is finding its feet at 2.87%. 

 

The crude oil market stands at $62.61 up.04 cents. Gold is a little higher at $1325.25 up $5.10. 

 

Today we get Factory Orders, Durable Goods and Capital Good.

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