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Senior Contributor

OptionEye Macro Outlook August 10th

Good morning. 


Overnight sees corn is sharply unchanged, beans are up 5 and wheat is unchanged as well. 


The  10 year yield is sneaking in to 1.53% bucking the 'rate hike' rhetoric. 


Stocks are going to open slightly higher in this thin August trade. The S&P future is up 2 points and the Dow future up nearly 10. 


The oil market is a tad lower at $42.53 down .24 cents as it feels like the entire investing community is on vacation. Gold is up at $1352.86 up $12.13.


The dollar is lower this morning giving a boost to other commodities and trades at 95.50 down .68. 


Today we get MBA Mortgage Applications and the Monthly Budget Statement. 

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Senior Contributor

Re: OptionEye Macro Outlook August 10th

" Sharply unchanged "  Explain ?????

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