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Senior Contributor

OptionEye Macro Outlook Oct. 26th

Good morning. 

 

Overnight sees corn steady easier, beans steady better and wheat steady easier. 

 

The dollar is also quiet at 93.66 down .04. 

 

 

Stocks took a bit of a tumble yesterday and look to open flat with the S&P future unchanged at the moment and the Dow future up 6.

 

The 10 year yield strong at 2.42% and well above that important 2.40%. 

 

The crude oil market is quiet at $52.24 up .06 cents. The gold market equally as quiet at $1278.45 up $1.03. 

 

Today we get Initial Jobless Claims, Continuing Claims, Wholesale Inventories, the Bloomberg Consumer Comfort Index and Pending Home Sales. 

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