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04-18-2018
06:41 AM
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.