OptionEye Macro Outlook January 3rd
Overnight sees corn up 1, beans up 3 to 4 and wheat up 2.
The dollar is a bit stronger this morning at 92.04 up .17.
The stock market wants to open a bit higher as the S&P future is up almost 4 points and the Dow future up 49.
The 10 year yield is trading a bit better at 2.44%.
The crude oil market hanging around $60 with the Iranian tumult and currently trades at $60.86 up .49 cents. Gold is lower at $1315.60 off $1.90.
Today we get MBA Mortgage Applications, Construction Spending, ISM, thje FOMC Minutes and Wards Vehicle Sales.