OptionEye - Macro Outlook - Aug 17th
Very rare to have 5 Fridays, 5 Saturdays and 5 Sundays in a month. Welcome to August 2015.
Overnight corn up 3, beans up 5 and wheat down 1. Now we need a little drink out there. From too wet to too dry, such is the way of agriculture.
Stocks are basically unchanged with with the S & P swinging from slightly higher to slightly lower. Currently it stands almost 2 points lower this morning.
The 10 year yield is slightly lower to 2.17%.
Oil is under $42 a barrel to $41.83 down .67 cents. Gold is up $1.65 to to $1116.74.
The dollar is stronger to 96.75 up .23.
Today we get Empire Manufacturing. Happy Monday. Let's get this thing started.