OptionEye Macro Outlook Sept. 14th
Decent bounce yesterday sees corn overnight continuing higher by 2 cents, beans up 4 and wheat up 3.
The dollar is above 92 at 92.33 down .18.
The stock market is pointing to a lower open with the S&P future down just over 1 point and the Dow future down 5.
The 10 year yield trades at 2.18% holding on to its recent gains.
The crude oil market is up at $49.62 up .32 cents trying to make a move on the $50 level. Gold is higher but quiet at $1325.26 up $2.02.
Today we get Initial Jobless Claims, Continuing Claims, CPI, Real Average Earnings and the Bloomberg Consumer Comfort Index.