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Senior Contributor

OptionEye Macro Outlook November 27th

Good morning.

 

Overnight sees corn down 1, beans down 1 and wheat down 2 to 3. 

 

The dollar is a bit weaker at 92.67 down .10. 

 

The stock market looks to open a bit better after having been a little lower overnight with the S&P future up 2.25 points and the Dow future up 28. 

 

The 10 year yield is trading at 2.34% this morning and is very quiet. 

 

The crude oil market stands at $58.47 down .48 cents. The gold market is at $1294.52 up $5.73.

 

Today we get New Home Sales, the Dallas Fed Manufacturing Activity and a lot of turkey leftovers.  

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