Senior Contributor
Posts: 1,623
Registered: ‎05-03-2010

OptionEye Macro Outlook April 21st

Good morning. 


Overnight sees corn basically unchanged to a little lower, beans are up 2 to 3 cents and wheat is sharply unchanged. 


The dollar is a little stronger at 99.92 up .14. 


The stock market wants to open a little higher this morning with the S&P future up 2.25 and the Dow future up 7 points. 


The 10 year still yelling 'danger' as it trades at 2.23%. Gold is a bit higher and quiet at $1284.06 up $2.18. 


There are a lot of things to take note of as of late. The French elections and possible terror. How might terror affect those elections? The oil market just cannot catch a bid - even with OPEC and a weaker dollar it seems to just lay there. Has Trump seen something we haven't ?He has done a U-turn on Yellen and  a strong dollar. Makes me wonder. We shall see.....


Today we get the PMI's and Existing Home Sales - what we won't get is any significant inflation and growth.