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Senior Contributor

OptionEye Macro Outlook March 28th

Good morning. 

 

Overnight sees corn steady, beans steady easier and wheat sown 1. It is all about the numbers tomorrow. 

 

The dollar is a little stronger at 89.52 up .15. 

 

The stock market is pointing to a higher opening with the S&P future up 7 points and the Dow future up 91. 

 

The 10 year yield sinks to 2.77%.

 

The cured oil market is a little lower at $6471 down .54 cents and the gold market is lower as well at $1334.42 down $10.67. 

 

Today we get MBA Mortgage Applications, GDP, Personal Consumption, Core PCE, Advance Goods Trade Balance, Retail Inventories, Wholesale Inventories and Pending Home Sales. 

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Veteran Contributor

Re: OptionEye Macro Outlook March 28th

How awesome brazil farmers are making big money now meanwhile for the past 3 yrs american farmers are in very bad shape because of the idiots controlling our prices aka the cbot.
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