OptionEye - The Cow Guy - March 31st
Overnight markets quiet going into the report this morning.
Corn down 2, wheat down 6 and soybeans up 2. Rain the reason for the sell off in wheat. All in all we have seen the best quarterly rally for commodities since 2010.
The stock market is higher this morning and it will be interesting to see how it shapes up this quarter. So far, pretty unchanged on the year.
The 10 year yield is up to 2.74% and gold is slightly higher at $1295.43 up .15 cents. Oil is lower by .23 cents to $101.44.
This will be another interesting week with non-farm payroll at the end, ECB towards the middle and end of quarter today. And, lest we forget, Alexander Putin will keep things interesting I am sure.
Dallas Fed Manf. Actiivity today as well as Chicago Pruchasing Manager numbers.