OptionEye Macro Outlook Sept. 9th
Overnight grains see corn down 1, beans steady better and wheat down 1 to 2. Grain report on Monday will see more positioning today.
The stock market will be a little lower this morning. The S&P future is off by almost 8 points and the Dow future is lower by 75 points.
The 10 year yield is bleeding out to 1.64% this morning on more rate hike worries.
The crude market trading lower at $46.87 down .75 cents and the gold market backing up a bit to $1334.21 down $3.99.
The dollar is unchanged at 95.03.
Today we get Wholesale Inventories.
Have a great weekend.