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Senior Contributor

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. 

 

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