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Senior Contributor

OptionEye Macro Outlook August 25th

Good morning. 

 

Overnight sees corn 1 lower, beans 2 lower and wheat almost 2 better. 

 

The dollar is pretty much unchanged at 93.22 sown .04. Quiet overnight. 

 

The stock market will open a little higher this morning with the S&P future up 4.75 and the Dow future up 31. 

 

The 10 year yield trades at 2.19% as we await Jackson Hole and with Yellen and Draghi. 

 

The crude market getting a bit of a hurricane boost and trades at $47.75 up .32 cents while gold is fairly quiet at $1287.56 up $1.27. 

 

Today we get Durable Goods and Capital Goods but it really will be all about the Yellen and Draghi show .

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