cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Senior Contributor

OptionEye Macro Outlook January 23rd

Good morning. 

 

Overninght sees grains quiet and a little easier. Corn is steady easier, beans are off 6 to 7 cents and wheat is steady easier as well. 

 

The dollar is also a bit lower at 100.38 which is down .36. 

 

The 10 year yield backing up a bit as bonds rally this morning. Currently the yield on the 10 year is at 2.46%. 

 

The oil market is lower too at $52.61 down .61 cents with gold getting a little boost at $1213.97 up $3.39. 

 

Stocks will open a tad lower as the S&P future is 3 to 4 points lower in early trade and the Dow future is down 8. 

 

All quiet on the data front as the market digests the inauguration speech. 

 

0 Kudos