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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook May 1st

Good morning. 

 

Overnight sees corn mixed, beans down 4 and wheat down 3. 

 

The dollar is stronger at 92.21 up .37. 

 

The stock market looks to open a little easier this morning with the S&P future down 1 point and the Dow down 26. 

 

The 10 year yield stands at 2.95%. 

 

The crude oil market trades at $67.95 down .62 cents and gold trades at $1308.40 down $6.95. 

 

Today we get the Markit US Manufacturing PMI, Construction Spending, ISM and the Wards Vehicle Sales numbers.

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