email:  
 
 
  
 

Friday, March 31, 2006

Markets To Watch Today

Silver: Anticipation of Barcly's ETF has been a catalyst propelling Silver to 22-year highs. The SEC has approved a rule change allowing the iShares Silver Trust to list on the AMEX. All that is left is for the SEC to formally approved the shares, which could be done at anytime. May Silver is trading at 11.470 as of 8:00 am CST.

Crude: Crude Oil futures topped the $67 a barrel mark yesterday for the first time in over a month. Concerns over Iran's reaction to the UN statement demanding a halt to its uranium enrichment program remains at the forefront. May Crude is trading at 66.34 as of 8:00 am CST.

Coffee: Coffee made gains of over 5 cents a pound on news of tight supplies reported out of Brazil. Profit taking late in the session minimized those gains. May Coffee is trading at 107.90 as of 8:15 am CST

Grain: The Grain stocks report will be released today. Early indications are bullish for both Corn and Wheat.