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Senior Contributor

OptionEye Macro Outlook February 22nd

Good morning. 

 

Overnight sees corn steady easier, beans 3 to 4 lower and wheat flat to mixed. 

 

The dollar is quiet but a tad stronger at 90.05 up .05.

 

The stock market is also quiet with the S&P future up almost 2 points and the Dow future down 37. 

 

The 10 year yield  marching higher on the Fed talk and stands at 2.92%. 

 

The crude oil market is a little lower at $61.27 down .41 cents and gold is quiet at $1323.40 down $1.13. 

 

Today we get Initial Jobless Claims, Continuing Claims, the Leading Index and the the Kansas City Fed Manufacturing Activity Index. 

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