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ShelladyOptions
Senior Contributor

OptionEye Macro Outlook September 20th

Good morning. 

 

Overnight sees corn slightly higher, beans up 4 cents and wheat up 1 to 2 .

 

The dollar is sharply unchanged at 91.71 down .07 .

 

The stock market is pretty flat at the moment with the S&P future flat and the Dow future down 4 points.

 

The 10 year yield sits at 2.22% and is quietly hovering. 

 

The crude oil market is still clinging to $50 at $50.08 up .60 cents. Gold is up at $1315.80 up $4.70.

 

Today we get MBA Mortgage Applications, Existing Home Sales and the FOMC Rate Decision. We are not expecting anything significant but in this day and age, anything can happen. 

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