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Senior Contributor

OptionEye Global Macro Outlook October 24th

Good morning. 

 

Overnight sees corn steady to a bit easier, beans 1 to 2 lower and wheat sharply unchanged. 

 

The dollar is pretty steady at 93.80 down .13. 

 

The 10 year yield making a run at that 2.40% level and stands at 2.39%.

 

The stock market looks to be pretty quiet at the moment with the S&P future up .5 and the Dow future up 33. 

 

The crude oil market treading water at $51.76 down .14 cents and gold is languishing at $1278.50 down $3.74. 

 

Today we get Markit US PMI's and the Richmond Fed Manufacturing Index. 

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