OptionEye - Macro Outlook - Feb 10th
We get Coca Cola earnings this morning.
Overnight, corn down 2, beans down 1 and wheat down 4.
Today we have the WASDE crop report so expect a quiet session until 11:00 am when the numbers are released.
The 10 year making a move above 2.00% this morning on economic recovery talk as well as a Greek/Euro positive talks. Currently it stands at 2.004%.
Stocks also like the Greece talks and the S & P future is up almost 15 points.
Oil is lower on supply concerns and sits at $52.46 down .40 cents.
Gold is also lower by $1.69 to $1237.30.
The dollar is also marching along higher to 94.78 up .33.
Today we get the NFIB Small Busienss Optimism number and Wholesale Inventories MoM.