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Senior Contributor

OptionEye Macro Outlook January 25th

Good morning. 


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. 

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