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Senior Contributor

OptionEye Macro Outlook April 10th

Good morning. 

 

Overnight sees corn steady to a bit easier, beans 4 higher and wheat almost 4 cents lower. 

 

The dollar is quiet at 89.79 down .04. 

 

The stock market is lower pointing solidly higher with the S&P future up over 27 points and the Dow future up 262. 

 

The 10 year yield stands at 2.80% and holding. 

 

The crude oil market is a decently higher at $64.62 up $1.20 and making a move on that $65 level. The gold market trying to rally at $1338.68 up $2.33.

 

Today we get NFIB Small Business Optimism, PPI and Wholesale Trade. 

 

 

 

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