OptionEye - Macro Outlook - June 12th
Kind of a sloppy start here in Chicago with spitting rain and slightly cooler temps.
Overnight corn was down 1, beans down 2 and wheat is steady better.
The 10 year yield came in yesterday after Retail Sales disappointed. The yield currently stands at 2.37%.
Stocks look to open a little lower with the S & P future pointing to an opening of almost 7 points lower. Greece still in the headlines and not going away.
Oil is a little lower and has broken back down through $60 and stands at $59.99 down .78 cents.
Gold still languishing at $1181.40 down .56 cents.
The dollar is slightly stronger this morning at 95.35 up .37.
Todauy we get some inflation numbers with PPI and University of Michigan Sentiiment Survey.