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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook January 24th

Good morning. 

 

Overnight sees corn up 2, beans down 4 and wheat up 1 to 2. 

 

The dollar is still weak at 89.61 down .51. 

 

The stock market wants to open higher (again) after yesterday's record close with the S&P future up 3.50 and the Dow future up 59. 

 

The 10 year yield holding steady at 2.63%. 

 

Crude oil trades at $64.69 up .22 cents and gold stands at $1349.57 up $8.40. 

 

Today we get MBA Mortgage Applications, the FHFA House Price Index, Markit US PMI's and Existing Home Sales. 

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