OptionEye Macro Outlook October 19th
Overnight seems to be a tad quiet with the grainsa little lower. Corn is down 1 to 2 cents, beans are steady to little easier and wheat down 2.
The stock market is quiet but a bit higher this morning with the S&P future up over 1 point and the Dow future up 15 points.
The 10 year yield slipping under 1.75% at 1.74% in lacklustre trade.
The oil market above $50 at $50.95 up .66 cents with gold higher as well to $1269.05 up $6.60.
The dollar is 97.77 down .12 but still fairly strong.
Today we get MBA Mortgage Applications, Housing Starts and Building Permits.