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Senior Contributor

OptionEye Macro Outlook - Sept. 8th

Good morning.

 

Moving in day into the financial room at the CBOT/CME today. Getting situated still....

 

Overnight corn up 5, beans up 8 and wheat up 8 as well.

 

Stocks taking back everthing they lost on Friday with the Dow future set to open 250 higher and the S & P future up 31 points.

 

The 10 year yield is still hovering around 2.16% after Friday's jobs numbers were inconclusive. Oil is lower by .33 cents to $45.72 and well off its lows of the morning.

 

Gold is up by $4.42 to $1123.82.

 

The dollar is a little lower at 96.10 down .12.

 

Today we get NFIB Small Business Optimism so not a lot on the schedule today.

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