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Senior Contributor

OptionEye - Macro Outlook - Sept. 30th

Good morning. 


Corn slightly easier, beans down 6 and wheat down 4. 


Decent report day today with quarterly stocks out at 11:00. 


Stocks are up this morning with the S and P futures up 6 points. Europe was up between .50% and 1.20% across the board. 


The 10 year yield is at that 2.50% level this morning as we await Consumer Confidence numbers as well as Chicago Purchasing Manager Index. Case Schiller will also report on home prices. 


Oil off sligthly to $94.45 down .12 cents.


Gold is off as well at $1206.50 down $9.32.


The dollar continues its march higher and is up .59 to 86.19. That will be a headwind as well. 



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