Senior Contributor
Posts: 1,609
Registered: ‎05-03-2010

OptionEye Macro Outlook September the 8th

Good morning. 


Overnight sees corn up 1 to 2, beans up just over 2 and wheat up 1 to 2 as well. 


The dollar is weaker still at 91.15 down .51. 


The 10 year yield sinking yet again with the dollar and currently trades at 2.03%


The stock market is pointing to a lower open with the S&P future down 7.50 points and the Dow future is down 77 points. 


The crude oil market settling in bit at $48.992 down .17 cents. Gold still strong at $1353.60 up $4.31. 


Today we get Wholesale Inventories and Consumer Credit. 


Have a great weekend.