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Thursday, April 20, 2006

Markets To Watch Today

Natural Gas: Natural Gas prices climbed higher as Crude prices established a new record high closing above $72 a barrel yesterday. The combination of record Crude prices, increased investor demand and a recent heat wave in the Southwest has pushed Natural Gas higher. Abundant supplies coupled with a mild summer may allow prices to rebound. The wild card is Hurricane season. May Natural Gas is trading at 8.192 in overnight trading.

Gold: Gold prices climbed higher yesterday hitting a high of 645 during the day's session. Inflationary concerns and ease of entry have pushed many investors into the yellow metal. The June Gold contract is trading at 639.90, up $4 this morning.

CBOT: CBOT Holding's Inc. has reported first quarter earnings rose 69% with the increased trading activity experienced to begin the year. The company posted a net income of 35.1 million, which translates into 66 cents per share.