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Senior Contributor

OptionEye Macro Outlook January 20th .

Good morning.


Overnight currently corn is steady to a bit easier, beans are off 6 cemts and wheat is lower by a penny. 


The stock market will open a bit higher with the S&P future up almost 6 points. 


The 10 year yield is right at 2.50% which is a pretty significant level at the moment. 


Oil is higher at $51.94 up .57 cents and gold is steady easier at $1200.55 down $4.27. 


The dollar is a bit stronger at 101.48 which is up .33. 


Today all eyes will be on the inauguration but if that doesn't float your boat we et Markit US PMI's, and Existing Home Sales.  

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