OptionEye Macro Outlook October 18th
Overnight sees corn 1 lower, beans steady to a bit lower and wheat down a solid 2 cents.
The dollar is a bit stronger at 93.67 up .18.
The stock market will open higher as the S&P future is up almost 4 points and the Dow future up 80. New all time record high to day could be on the cards.....yawn.
The 10 year yield is at 2.32%.
The crude oil market is up at $52.00 up .12 cents and the gold market is lower again at $1279.42 down $5.20.
Today we get MBA Mortgage Applications, Housing Starts, Building Permits, the Beige Book and the Monthly Budget Statement.