OptionEye Macro Outlook September 20th
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.