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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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