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Senior Contributor
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Registered: ‎05-03-2010
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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.