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07-20-2017
05:31 AM
OptionEye Macro Outlook July 20th
Good morning.
Overnight sees corn up 3 cents, beans up 7 to 8 and wheat down 3 cents.
The dollar still stinks but not as much and has rallied .25 points to 95.03.
The stock market will open a little higher this morning with the S&P future up almost 2 point and the Dow future up 15 points.
The 10 year yield still showing signs of economic trouble as it trades at 2.26%.
The oil market recovering a bit at $47.15 up .03 cents. Gold is drifting at $1237.92 down $3.30.
Today we get Initial Jobless Claims, Continuing Claims, the Philadelphia Business Outlook, the Bloomberg Consumer Comfort Index and the Leading Index.
Stocks close from record high to another......