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07-21-2017
05:58 AM
OptionEye Macro Outlook July 21st.
Good morning.
Overnight corn slides lower by 5 cents, beans lower by 6 to 7 cents and wheat bucking the trend steady to a bit better.
The US dollar really stinking the place up and trades at 94.11 down .19.
The stock market will open a bit lower with the S&P future backing off around 1.00 point and the Dow future down 28 points.
The 10 year yield is stuck at 2.23% this morning.
The oil market is lower at $46.65 down .27 cents. The gold market trades at $1248.02 up $3.54.
Today we get Markit US PMI's and Exiting Home Sales.
Have a great weekend.