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

OptionEye Macro Outlook Aug 4th

Good morning. 


Overnight sees corn quietly up 1, beans down 3 and wheat down almost 1. 


The dollar is weak and trades at 92.74 down .09. 


The stock market will open a little better before the jobs numbers. The S&P future is up 1.50 points and the Dow future is up 33 points. 


The 10 year yield is a bit lower at 2.22%. 


The oil market is lower at $48.65 down .38. Gold is quiet and a bit higher at $1269.29 up .78 cents. 


Today is 'Job's Friday'. 


We get the Unemployment Rate, the Change in Non Farm Payrolls, Average Earnings and the Trade Balance. 


Have a great weekend.