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Senior Contributor

OptionEye Macro Outlook April 18th

Good morning. 


Overnight is quiet with corn up 1 to 2, beans up 1 and wheat up 4 to 5. 


The dollar is quiet as well at 89.54 up .03. 


The stock market was higher yesterday and is pointing to a higher opening today. The S&P future is up over 11 points and the Dow future up 90.00. 


The 10 year yield stands at 2.83%. 


The crude oil market trades higher at $67.40 up .88 cents. The gold market is quiet at $1350.18 up $2.71. 


Today we get MBA Mortgage Applications and the Fed releases the Beige Book. 

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