03-07-2018 03:25 AM
OptionEye Global Macro Outlook March 7th
Overnight sees corn steady to a bit easier, beans down 2 and wheat down 4.
The dollar is a tad easier at 89.54 down .07.
Equities were rocked by the resignation of Gary Cohn last night. Currently the S&P future is down 26 points and the Dow future down 311.
The 10 year yield stands at 2.85%.
The crude oil market a bit lower at $61.95 down .65 cents. Gold is quiet at $1332.71 down $1.94.
Today we get MBA Mortgage Applications, ADP Employment Change, Nonfarm Productivity, Unit Labour Costs, the Trade Balance, the Beige Book and Consumer Credit.