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Senior Contributor

OptionEye Macro Outlook - Mar. 2nd

Good morning.


Overnight corn up 1, beans up 1 and wheat a little mixed.


Stocks have a good day yesterday and this morngin are going to back up a little bit on the opening. Currently S&P futures are lower by 5 points and the Dow future lower by 39 points.


The 10 year yield climbs on the back of yesterday's decent numbers and sits at 1.84%.


This morning crude oil trades a little lower after yesterday's decent up move and is at $33.68 down .72 cents. Gold is lower by a tad to $1.57 to $1230.50.


The dollar is stronger again by .13 to 98.48.


We get to see ADP Employment Change which could give us a peak into Friday's Non-Farm Payrolls.

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