OptionEye Macro Outlook July 26th
Overnight saw grains a bit lower with corn down 2, beans down 5 and wheat bucking the trend up 3.
The dollar is a bit stronger but still on the weak side at 94.14 up .08.
The stock market will open higher with the S&P future up 4 points and the Dow future up 92.
The 10 year yield sits at 2.33% as things trade a bit normally again.
The crude oil market still moving higher at $48.38 up .49 cents. Gold is lower at $1247.12 down $2.93.
Today we get MBA Mortgage Applications, New Home Sales and the FOMC Rate Decision which will be the talk of the town.