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Senior Contributor

OptionEye Macro Outlook February 23rd

Good morning. 

 

Overnight grains see corn up 1, beans up 3.5 and wheat up 3.5 as well. 

 

The dollar is quiet and stands at 89.94 up .21. 

 

The stock market is on the plus side this morning with the S&P future up just over 4 points and the Dow future up 73. 

 

The 10 year yield stands at 2.89%. 

 

The crude oil market trades at $62.38 down .39 cents. Gold is a bit lower at $1329.54 down $2.66. 

 

Today we get the Chicago Fed National Activity Index, New Home Sales, the Dallas Fed Manufacturing Activity Index, Wholesale Inventories, Retail Inventories, Durable Goods Orders, Capital Goods Orders, House Price Purchase Index and the S%P Case/Shiller Housing Numbers.

 

Have a great weekend. 

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