OptionEye Macro Outlook March 28th
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.