OptionEye Macro Outlook July 28th
Good morning and happy Friday!
Overnight sees corn steady to a bit easier, beans steady as well and wheat up 2 cents.
The dollar is getting beaten up around the globe and trades at 93.73 down .12.
The 10 year yield trading at 2.31%.
The stock market wobbled a bit yesterday - arguably the first time this year. This morning it trades a little lower with the S&P future down over 9 points and the Dow future down 39.
The crude oil market getting a boost from low stockpiles and trades at $49.08 up .04 cents. Gold pretty quiet at $1258.98 down .15.
Today we get the all important GDP report. the Personal Consumption numbers, Core PCE, the Employment Cost Index and the University of Sentiment Survey.