OptionEye Macro Outlook October 23rd
Overnight sees corn unchanged, beans up 1 and wheat steady better.
The dollar is creeping higher and trades just below 94 at 93.93 up .22.
The 10 year yield getting stronger and making a move towards that ever more important 2.40% level. This morning it stands at 2.38%.
The stock market wants to higher this morning with the S&P future up 2.5 points this morning and the Dow future up 27.
The crude market virtually unchanged at $51.82 down .02 cents. The Dow future is up 24 points.
Today we get the Chicago Fed National Activity Index.