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ShelladyOptions
Senior Contributor

OptionEye - Macro Outlook - Oct 23rd

Good morning. 

 

Corn little changed to down 1/4 cent. Beans are down 1 and wheat little changed as well. 

 

Russia cold supporting wheat. 

 

Gold is down $7.06 to $1234.19 and oil has just spiked on news that Saudi Arabia will produce less oil sending the contract up .97 cents ot $81.49. 

 

The 10 year is at 2.24% as we grind higher on no new bad news...

 

The stock market is up today after yesterday's terrorist led sell off in Canada. 

 

The dollar is little changed at 85.70 down .03. 

 

Today we get Initial Jobless Claims and Continuing Claimss with Markit US Manufacturing as well. 

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