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Senior Contributor

OptionEye Macro Outlook Sept. 14th

Good morning. 


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. 


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