OptionEye Global Macro Outlook October 31st
Happy Halloween and good morning.
Overnight sees corn a shade lower, beans 1 to 2 better and wheat steady.
The dollar is quiet at 94.58 up .02.
The stock market looks to be a bit better this morning as the S&P future is up nearly 5 points and the Dow future up 39.
The 10 year yield just can't hang on to that 2.40% level and trades at 2.37% this morning.
The crude oil market continues higher with crude trading at $54.18 yup .03 cents. The gold market not doing much at all at $1275.60 down .74 cents.
Today we get the Employment Cost Index, S&P Case Shiller House Price Indices, the Chicago Purchasing Managers Index and the Conference Board Consumer Confidence.