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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook January 3rd

Good morning. 

 

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. 

 

 

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