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07-24-2017
05:33 AM
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.