OptionEye Macro Outlook January 25th
Overnight corn is steady to a bit better, beans are 2 higher and wheat is 2 better as well.
The weak dollar is even weaker at 89.14 down .06.
The stock market wants to open a bit better as early indications in the S&P future have it up 6 points.
The 10 year yield stands at 2.63% which is ever so slightly higher than it was yesterday.
The crude oil market is higher this morning at $66.06 up .45 cents. Gold is pretty quiet at $1359.19 up .72 cents.
Today we get Initial Jobless Claims, Continuing Claims, the Bloomberg Consumer Comfort Index, New Home Sales, the Leading Index and the Kansas City Fed Manufacturing Activity Index.