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Senior Contributor

OptionEye Macro Outlook August 15th

Good morning. 

 

Overnight sees corn pretty quiet and unchanged, beans up 1 to 2 cents. 

 

The dollar is a bit stronger at 93.96 up .11

 

The 10 year yield is up a bit at 2.27% with decent figures coming out of the US. 

 

The crude oil market still just laying there at $47.66 up .11 cents. Gold not doing much either at $1272.42 up .90 cents. 

 

The stock market is still ignoring the political and geopolitical drama and will open higher this morning as the S&P future is up over 5 points and the Dow future up 50. 

 

Today we get MBA Mortgage Applications, Housing Starts, Building Permits and FOMC Meeting Minutes. 

 

 

 

 

 

 

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