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Monday, March 06, 2006

Markets To Watch Today!

Crude Oil: Crude is trading lower this morning as traders await the results of two key meetings. OPEC will make a decision as to future production, which is expected to remain at nearly full capacity and IAEA board meeting, which is expected to refer Iran to the UN Security Council. April Crude is trading at 62.90, down 77 cents as of 10:12 am CST.

Silver: Silver is trading higher as traders anticipate the SEC's decision on Barclay's Silver ETF. May Silver is trading at 10.275, up 4 cents as of 10:14 am CST.

Wheat: Wheat is trading lower on heavy volume. May Wheat is trading at 379.25, down 5.75 as of 10:16 am CST.