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Senior Contributor

OptionEye Macro Outlook July 24th

Good morning. 


Overnight sees corn is 7 lower, beans are 18 lower and wheat is 6 lower. 


The dollar trying to do its bit as it trades below 94.00 at 93.91. 


The stock market will open a bit lower this morning with the S&P future down over 3 points and the Dow future down 16.


The 10 year yield still yelling that there is danger ahead as it trades to 2.23% this morning.


The oil market is quiet with crude trading at $46.10 up .33 cents and gold is quiet as well at $1256.86 up $1.81. 


Today we get Markit US PMI's and Existing Home Sales. 


Welcome back. 

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