OptionEye Macro Outlook August 9th
Overnight corn is quiet and unchanged, beans are up 2 and wheat is up 2 as well.
The dollar is quiet and a bit stronger at 93.60 which is down .04 today.
The stock market will open lower today with the S&P future down 9 points and the Dow future down 32 points as the North Korea rhetoric heats up.
The 10 year yield trades at 2.24%.
The crude oil market is hovering just below $50 at $4.37 up .20 cents and gold could be making a move here as it trades higher at $1268.13 up $7.17.
Today we get MBA Mortgage Applications, Non-Farm Productivity and Wholesale Inventories. But, today it is going to be about the 'fire and fury' that the market will hone in on.
Re: OptionEye Macro Outlook August 9th
oh ya................. like the spin is always greater than the subject mater.
I am with time..... just trying to exist outside the media diarrhetic case of self indulgence.